Iran Combine Manufacturing Company
Iran Combine Manufacturing Company Public Joint Stock Company is a listed Arak-based manufacturer of combine harvesters, balers and broader agricultural machinery. Controlled by Astan Quds Razavi, it serves Iran’s farm-mechanisation market through manufacturing, assembly, sales, service and spare parts. Its domestic position makes it relevant to buyers, suppliers and investors assessing agricultural-equipment demand and replacement cycles.
Operations & footprint
Products and services
Iran Combine Manufacturing Company designs, manufactures, assembles, sells, imports, exports, and services agricultural machinery and equipment, including combine harvesters, tractors, balers, mowers, forage equipment, seeding and tillage equipment, agricultural implements, spare parts, and related machinery for mechanized farming, grain harvesting, and agricultural production.
Operations and assets
The Arak operation manufactures and assembles agricultural machinery and supports sales, servicing and spare-parts supply. Combine harvester production began in 1973; baler production began in 1989.
Geographic footprint
Headquartered and manufacturing in Arak, Markazi Province. Historical export and distribution activity has included China, Kazakhstan, Tajikistan, Pakistan, Afghanistan, Iraq, Uzbekistan, Zimbabwe, Spain and Venezuela.
Ownership & group structure
Ownership
Astan Quds Razavi held 72.8% of the shares in 2024.
Parent company
Astan Quds Razavi.
Reported scale
Employees: 432 employees in 2024.
Commercial and investment relevance
Iran Combine Manufacturing Company is relevant for investors assessing Iran's agricultural mechanization, combine and farm-equipment demand, listed machinery exposure, rural credit access, food-security infrastructure, and the replacement cycle for aging agricultural equipment. It can support analysis of how farmers, government support programs, spare-parts availability, imported components, and domestic manufacturing capacity affect crop productivity. Due diligence should review updated Codal disclosures, ordinary-share trading status, ownership, sanctions-screening status, production utilization, dealer network, export sales, spare-parts availability, supplier dependence, financing schemes, receivables, inventory quality, and exposure to agricultural policy cycles. For equipment buyers and farm operators, the company is a major domestic source of combine harvesters, balers, servicing and parts. Suppliers are exposed to its manufacturing and assembly requirements across farm-equipment product lines.
Constraints, risk & compliance
Key risks and constraints
Performance is closely tied to farm-equipment purchasing power, machinery-finance availability, replacement demand and continuity of parts and component supply. The company’s SDN designation is a material constraint on international transactions.
Sanctions and compliance considerations
Iran Combine Manufacturing Company has been listed by OFAC as a Specially Designated National since 13 January 2021 under the IRAN-EO13876 programme. Transactions, counterparties, logistics and payment channels require sanctions compliance review.
Need more than a public profile?
Ask Hormuz to investigate, verify or act locally around Iran Combine Manufacturing Company. Tell us exactly what you need.
Connected Intelligence
Relevant geography, industry, market and execution context for this profile.
Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Iran Combine Manufacturing Company produce?
It manufactures and assembles combine harvesters, balers, tractors, mowers, forage machinery, seeding and tillage equipment, agricultural implements and spare parts.
Where is Iran Combine Manufacturing Company based?
The company is headquartered in Arak, Markazi Province, Iran.
Who owns Iran Combine Manufacturing Company?
Astan Quds Razavi held 72.8% of the company’s shares in 2024.
Is Iran Combine Manufacturing Company subject to US sanctions?
Yes. The company has been listed by OFAC as a Specially Designated National since 13 January 2021 under the IRAN-EO13876 programme.