Industry Rail engineering Website wagonpars.com Founded 1974 | Products Rail vehicles Headquarters Arak, Iran | |
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Wagon Pars is an Iranian train manufacturing company established in 1974, in Arak, Iran.
Contents
Products include locomotives, trains, metros, freight and fuel wagons, and equipment for passenger boarding of aircraft.
Iran wagon pars made four new passenger wagons joint fleet
History
The organisation began rolling stock manufacturing in 1984. In 1999, the factory reached an agreement with GEC-Alstom to produce under license the AD43C mainline locomotives.
In 2007 the company manufactured Iran's first express train: a four coach, 252 passenger, 160 km/hr train. In 2009 the company had a production capacity of 1800 vehicles per annum, and was operating at 20% of that figure.
In the first decade of the 21st century the company received export orders for Cuba, including a 60 billion rial order for 550 freight wagons, (completed Sept. 2009) and 200 passenger vehicles Also in 2009 the company obtained a €80 million contract with Vietnam Railways for the supply of 200 passenger vehicles - 40 of which would be produced by Wagon Pars, the remainder assembled in Vietnam as part of a technology transfer agreement.
In 2009 and 2010, workers at the Wagon Pars factory staged protests due to lack of payment of wages; the company is thought to be in financial difficulties due to mismanagement. The acquisition by Iran Khodro during the 2005-2010 privatisation of Iranian industries is claimed to have contributed to the company's poor financial state.
In May 2010 the company announced it was going to help set up a rolling stock factory in Syria. The plant is to have a production capacity of 300 wagons, and also be able to repair passenger coaches.