It was announced at the Iranian Assembly that the decision on the company is based on a majority of votes and that the letter is uploaded to the Kalab system by two members of the board (Javad Najmuddin, the Chairman of the Board of Directors and Alimardan Azimi, a member of the Board of Directors and Managing Director).
The Extraordinary Iranian Assembly finally came to an end after four hours; The new members of the Iranian Board of Directors were identified by the vote at the meeting; The result of the voting is such that the majority of the board seats belong to the cruise group.
The new board members of Iran Khodro Company are as follows:
- Saba Energy Service Company
- Iranian Treasury Capital (Cruise)
- Bahman Optimizan Company (Cruise) Company
- Credit Corporation (Cruise)
- National Iranian Investment Management Company
According to the extraordinary assembly and voting session at the meeting, the management of Iran’s largest automotive company is now owned by the private sector and united Cruise Group.
Business News writes that during recent struggles over the transfer of Iran Khodro’s management, two main fronts were formed, on the one hand, the government and the Ministry of Economic, especially with the support of the president, emphasized the privatization of the company, and on the other hand, the Ministry of Health and some affiliated institutions. To the government like the Competition Council, they are still trying to maintain their control over Iran.
Overall, it seems that the reactions to the change in the managerial body of Iran Khodro are positive; Now we have to see what the future of the private sector to enter the country’s largest automotive company is for this harmful complex.