RUBBER INDUSTRIES INVESTMENT & DEVELOPMENT CO. (RIID)

RUBBER INDUSTRIES INVESTMENT & DEVELOPMENT CO. (RIID) - Company Profile

Company Type: Manufacturer (primarily)

RUBBER INDUSTRIES INVESTMENT & DEVELOPMENT CO. (RIID) is a major Iranian enterprise primarily involved in the manufacturing and development of rubber products. Based in Iran, RIID functions as a significant holding and investment company within the country's rubber industry. It oversees and invests in various production units and factories that specialize in rubber goods.

RIID's core business centers on the production of a wide range of rubber items. This typically includes various types of tires, inner tubes, and numerous industrial rubber components. Through its subsidiaries and strategic investments, RIID plays a vital role in supplying both the domestic Iranian market and potentially international markets with essential rubber products.

The company's name, "Investment & Development Co.," reflects its dual commitment to current production and to advancing the rubber industry through technological improvements, capacity expansion, and strategic partnerships. While RIID itself is an investment and holding entity, its primary operational impact and economic classification stem from the manufacturing activities conducted by its affiliated factories. Therefore, it is best described as primarily a manufacturer within the rubber sector.

RIID (RUBBER INDUSTRIES INVESTMENT & DEVELOPMENT CO.) produces and/or sells:

* Tires (passenger car, truck, bus, agricultural, industrial, motorcycle)

* Inner tubes

* Technical rubber parts

* Rubber compounds

* Retreading materials

* Conveyor belts

* Hoses

* Rubber sheets