Wagon Pars Company
Wagon Pars MAPNA Company is the current name of the entity formerly known as Wagon Pars Company. Official company and MAPNA Group materials identify MAPNA Group as parent from late 2020 and describe a Tehran headquarters with an Arak manufacturing base. The reported product scope spans freight and passenger rolling stock, metro cars, locomotives, trainset wagons and bogies.
Market position
The company describes itself as Iran's largest rail-fleet manufacturer and a pioneering rolling-stock manufacturer in the Middle East. This is a company-stated market-position claim.
Operations & footprint
Products and services
Wagon Pars MAPNA Company designs, manufactures, rebuilds, and maintains rail rolling stock, including freight wagons, passenger coaches, metro cars, locomotives, trainsets, bogies, and rail vehicle components. Its factory base in Arak connects heavy manufacturing, rail logistics, public transport projects, and industrial equipment supply chains.
Operations and assets
The Arak site is reported to cover 354,000 square metres of land, including 100,000 square metres of production units. MAPNA Group states that the site is connected to the national rail network through an aggregate 33 kilometres of rail tracks.
Geographic footprint
Headquarters in Tehran and production operations in Arak, Markazi Province. MAPNA Group states that the company has exported more than 2,000 wagons and bogies, including to Cuba, Sudan, Syria, Bangladesh and China, as of 2023.
Ownership & group structure
Ownership
MAPNA Group acquired the company in late 2020.
Parent company
MAPNA Group.
Reported scale
Employees: Approximately 1,250 employees, as reported by MAPNA Group for 2023.
Commercial and investment relevance
Wagon Pars is relevant for investors assessing Iran's rail fleet modernization, freight logistics capacity, metro and passenger-rail demand, public procurement, heavy manufacturing, and import-substitution opportunities in transport equipment. It can support analysis of wagon shortages, rail corridor efficiency, component localization, maintenance services, and project-execution risk. Due diligence should review MAPNA linkage, current order book, procurement terms, payment risk from public buyers, technology access, component sourcing, and factory utilization. The business serves rolling-stock manufacture, refurbishment and repair requirements across freight, passenger and urban rail equipment. Its product range places it within rail-fleet procurement, maintenance and component supply chains.
Constraints, risk & compliance
Key risks and constraints
Decision-useful operational information is incomplete: no verified current order book, utilisation level, revenue or profitability data was supplied. Buyers and counterparties should also verify delivery capacity, procurement terms, component sourcing and technology-access arrangements for the relevant contract.
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Frequently asked questions
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What does Wagon Pars MAPNA Company manufacture?
The company designs, manufactures, rehabilitates, renovates and repairs rolling stock. Its stated range includes freight wagons, passenger coaches, metro cars, locomotives, trainset wagons and bogies.
Where is Wagon Pars MAPNA Company located?
Its headquarters are in Tehran, Iran, while its production operations are in Arak, Markazi Province.
Who owns Wagon Pars MAPNA Company?
MAPNA Group acquired the company in late 2020. The supplied evidence does not state MAPNA's shareholding percentage.
When was Wagon Pars MAPNA Company established?
The company was established in 1974 and states that manufacturing began in 1984.