| Industry | Rail engineering |
|---|---|
| Founded | 1974 |
| Headquarters | Arak, Iran |
| Products | Rail vehicles |
| Website | wagonpars.com |
Wagon Pars is an Iranian train manufacturing company established in 1974,[1] in Arak, Iran.[2]
Products include locomotives, trains, metros, freight and fuel wagons, and equipment for passenger boarding of aircraft.[1]
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The organisation began rolling stock manufacturing in 1984,[3] in 1999 the factory reached an agreement with GEC-Alstom to produce under license the AD43C mainline locomotives.[4][5][6]
In 2007 the company manufactured Iran's first express train, a four coach, 252 passenger, 160 km/hr train.[7] In 2009 the company had a production capacity of 1800 vehicles per annum, and was operating at 20% of that figure.[3]
In the first decade of the 21 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]
In 2009 and 2010 workers at the Wagon Pars factory stage 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 privatisation of Iranian industries is claimed to have contributed to the company's poor financial state.[11]
In May 2010 the company announced it was 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.[12]