Wagon Pars (in Persian: شرکت واگن پارس, Sherkat-e Vâgon Pars) is an Iranian train and locomotive manufacturer established in 1974,[1] in Arak.[2] Products include locomotives, trains, metros, freight and fuel railroad cars, and equipment for passenger boarding of aircraft.[1] It is the largest rolling stock manufacturer in the Middle East.
History
Wagon Pars began rolling stock manufacturing in 1984. In 1999, the factory reached an agreement with GEC-Alsthom to produce under license the Iranian Railways AD43C mainline locomotives.[3][4][5]
In 2007 the company manufactured Iran's first express train: a four coach, 252 passenger, 160 km/h train.[6] In 2009 the company had a production capacity of 1,800 vehicles per annum, and was operating at 20% of that figure.[7]
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,[8] (completed Sept. 2009[9]) and 200 passenger vehicles[10] Also in 2009 the company obtained an €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.[11][12][13]
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 privatization of Iranian industries is claimed to have contributed to the company's poor financial state.[14]
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.[15][16]
In August 2018, the Iranian Ministry of Defense declared it had unloaded its shares in Wagon Pars.[17] In 2019, the company broke its production record by building 411 cargo and passenger wagons in a year. The company said it had the capacity to make 150 passenger wagons and 1,000 cargo wagons per year.[18]
External links
References
- Wagon Pars Company investing.businessweek.com, Bloomberg, retrieved 24 June 2011^
- Wagonpars Company - About Us wagonpars.com^
- Iranians to build AC diesels railwaygazette.com, Railway Gazette International, 1 February 1998, retrieved 18 July 2011^
- Main line Locomotive AD43C (Under License of Alstom) wagonpars.com, Wagon Pars Co.^
- ALSTOM to supply 100 diesel-electric locomotives in Iran alstom.com, Alstom, 27 October 1999^
- Iran Manufactures 1st Express Train iran-daily.com, Iran Daily, 3 February 2007^
- Iran: 17 Billion Euro Foreign Investment in Rail Industry payvand.com, Payvand, 19 August 2009, retrieved 4 September 2009^
- Wagon Pars sells 550 wagons to Cuba Tehran Times, 10 August 2009, retrieved 24 June 2011^
- World rolling stock market September 2009 railwaygazette.com, Railway Gazette International, 17 September 2009^
- Wagon Pars selling 200 passenger rail cars cubastandard.com, 28 May 2010, retrieved 24 June 2011^
- Finalizing contract to build 200 train wagons for Vietnam IDRO English Bulletin, Industrial development and renovation organisation of Iran (IDRO), August 2009^
- Iran to Export Passenger Cars to Vietnam Moj News Agency, 18 June 2009^
- Iran to Build Wagons for Vietnam english.farsnews.com, Fars News Agency, 6 June 2009, retrieved 14 January 2012^
- Sources: Crisis at Wagon Pars iranlaborreport.com, Iran Labor Report, 3 February 2010 Workers of the Wagon Pars Factory on Strike hopoi.org, Hands Off the People of Iran, 31 August 2009 Iran: Wagon Pars workers stage sit-in over unpaid wages marxistcom, 3 September 2009 1700 Iranian workers on hunger strike hopoi.org, 13 October 2009^
- Iran's Wagon Pars to open factory in Syria menafn.com, 16 May 2010^
- Iran to Establish Wagon Production Plant in Syria IDRO English Bulletin, Industrial development and renovation organisation of Iran (IDRO), September 2011^
- Iran Defense Ministry Claims It Has Divested From Civilian Businesses, Radiofarda.com, 27 August 2018^
- Record in Wagon Pars Rolling Stock Production, Financialtribune.com, 13 January 2020^