History   

 

In 1975 the URMIA Cement Company was established for building cement factory with the nominal capacity of 2300 tons per day in URMIA City. It was common joint-stock and is invested by some of region’s people. Some studies and land purchase for factory was done before revolution. But basic

issues and executive activities of URMIA Cement are developed after the Islamic Revolution. 

In 1980 the Bank-i Sanat-o-Madan (industry and mine bank) was recognized by the Council of Economy as the main stock holder and the financial sponsor for company, in the framework of important revolutionary plans. Establishing buildings and utilities and the studies for selecting machinery and internal planning was started in 1981. Production line building and installing machines was begun in 1985. This was done by local contractors and domestic skilled staff. 

For the first time in Iran 50% (weight) of parts and production machinery of cement plans were made in our country.  URMIA Cement Factory was started in the 11th anniversary of the Islamic revolution’s victory (Feb 1991) with the tentative production of clinker. In May 1991 the production was started and cement was offered to home and foreign markets.

Until beginning production the costs of building factory was reached about 14000 million rials which 7140.11 million rilas of it is supplied by investment and remainder is supplied by the financial facilities of Bank-i Sanat-o-Madan. The foreign exchange used for factory was about 29 million dollars. 

Until 1993 Bank-i Sanat-o-Madan and Bank Sepah was the major stock holder of company. In that year Social Security Organization and the Investment Company of Social Security purchased the stocks of Bank-i Sanat-o-Madan and beside Bank Sepah became the major share-holders of

Cement Company. 

Executive managers of company from beginning until now were:

1975-1980: late Mr. Ali Mostashari

1980-1990: M. Dariush Hamidi

1990-1992: Mr. Seyyed Mohammad Younesi

1993-1995: Mr. Kazim Daneshgar

1995-1998: Mr. Farhad Padidar

1998- 2006: Mr. Abdul-hamid Salehi

2006-Now : DR.  Mohammad Masoud Samieinezhad

 

 

 

 

 
Copyright, UrmiaCement, 2004©