Wagon Pars

Rolling stock manufacturer
title: "Wagon Pars" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["iranian-brands", "rolling-stock-manufacturers-of-iran", "locomotive-manufacturers-of-iran", "companies-based-in-arak", "vehicle-manufacturing-companies-established-in-1974", "1974-establishments-in-iran"] description: "Rolling stock manufacturer" topic_path: "geography/iran" source: "https://en.wikipedia.org/wiki/Wagon_Pars" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary Rolling stock manufacturer ::
::data[format=table title="Infobox company"]
| Field | Value |
|---|---|
| name | Wagon Pars |
| logo | Logo wagonpars.png |
| genre | |
| foundation | |
| founder | IDRO Group |
| defunct | |
| location_city | Arak |
| location_country | Iran |
| area_served | Worldwide |
| key_people | Morteza Mollanejad (CEO) |
| industry | Rail Transport |
| products | *Locomotives |
| aum | |
| owner | MAPNA Group |
| homepage | |
| :: |
| name = Wagon Pars | logo = Logo wagonpars.png | caption = | type = | traded_as = | genre = | fate = | predecessor = | successor = | foundation = | founder = IDRO Group | defunct = | location_city = Arak | location_country = Iran | location = | locations = | area_served = Worldwide | key_people = Morteza Mollanejad (CEO) | industry = Rail Transport | products = *Locomotives
- Multiple unit trains
- Freight trains
- Passenger trains
- Subway trains
- Bogies | services = | revenue = | operating_income = | net_income = | aum = | assets = | equity = | owner = MAPNA Group | num_employees = | parent = | divisions = | subsid = | homepage = | footnotes = | intl = Wagon Pars (in Persian: شرکت واگن پارس, Sherkat-e Vâgon Pars) is an Iranian train and locomotive manufacturer established in 1974,{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=54095031|archive-url=https://web.archive.org/web/20121014025527/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=54095031|url-status=dead|archive-date=14 October 2012|title=Wagon Pars Company |accessdate=24 June 2011|publisher=Bloomberg|work=investing.businessweek.com}} in Arak. Products include locomotives, trains, metros, freight and fuel railroad cars, and equipment for passenger boarding of aircraft. It is the largest rolling stock manufacturer in the Middle East.[[File:Wagon Pars co- Arak .Iran.jpg|thumb|[[Iranian Railways AD43C]] locomotive production at Wagon Pars]]
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.
In 2007 the company manufactured Iran's first express train: a four coach, 252 passenger, 160 km/h train. In 2009 the company had a production capacity of 1,800 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 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.
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.
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.
In August 2018, the Iranian Ministry of Defense declared it had unloaded its shares in Wagon Pars. 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.
References
References
- "Wagonpars Company - About Us". wagonpars.com.
- (1 February 1998). "Iranians to build AC diesels". Railway Gazette International.
- "Main line Locomotive AD43C (Under License of Alstom)". Wagon Pars Co..
- (27 October 1999). "ALSTOM to supply 100 diesel-electric locomotives in Iran". Alstom.
- (3 February 2007). "Iran Manufactures 1st Express Train". Iran Daily.
- (19 August 2009). "Iran: 17 Billion Euro Foreign Investment in Rail Industry". Payvand.
- (10 August 2009). "Wagon Pars sells 550 wagons to Cuba". Tehran Times.
- (July 2025). "World rolling stock market September 2009". Railway Gazette International.
- (28 May 2010). "Wagon Pars selling 200 passenger rail cars". cubastandard.com.
- (July 2025). "Finalizing contract to build 200 train wagons for Vietnam". Industrial development and renovation organisation of Iran (IDRO).
- (18 June 2009). "Iran to Export Passenger Cars to Vietnam". Moj News Agency.
- (6 June 2009). "Iran to Build Wagons for Vietnam". Fars News Agency.
- (3 September 2009). "Workers of the Wagon Pars Factory on Strike". Iran Labor Report}}
{{cite web. - (16 May 2010). "Iran's Wagon Pars to open factory in Syria". menafn.com.
- (September 2011). "Iran to Establish Wagon Production Plant in Syria". Industrial development and renovation organisation of Iran (IDRO).
- [https://en.radiofarda.com/a/iran-defense-ministry-claims-it-has-divested-from-civilian-business-/29455309.html Iran Defense Ministry Claims It Has Divested From Civilian Businesses], ''Radiofarda.com'', 27 August 2018
- [https://financialtribune.com/articles/domestic-economy/101697/record-in-wagon-pars-rolling-stock-production Record in Wagon Pars Rolling Stock Production], ''Financialtribune.com'', 13 January 2020
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