IKCO (Iran Khodro)
Iran Khodro ( fa, ایران‌خودرو, ''Irân Xodro''), branded as IKCO, is an Iranian automaker headquartered in Tehran. IKCO was founded in 1962 as Iran National (, ''Irân Nâsionâl''). The public company manufactures vehicles, including IKCO Samand, Samand, Peugeot and Renault cars, and trucks, minibuses and buses. As of 2009, it produced 688,000 passenger cars per year. History and development Name The word ''khodro'' () means "automobile" in Persian language, Persian, hence Iran Khodro means "Iran Automobile". Founding Iran Khodro was founded by Ahmad Khayami, with registered in the capital of 100,000,000 Rls, on August 29, 1962 Aliakbar Khayami, Ahmad Khayami, Mahmoud Khayami, Marzieh Khayami and Zahra Seyedy Dashty, in Ekbatan world in Tehran. Structure Iran Khodro Industrial Group (IKCO) is a public joint stock company with the objective of creation and management of factories to manufacture various types of vehicles and parts as well as selling and exporting ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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