Shahab Khodro Company
Shahab Khodro Company is an unlisted Tehran-based manufacturer of buses, municipal service vehicles and electric vans, owned by Astan Quds Razavi since 1999. Its domestic operations combine vehicle production with bus overhaul and reconstruction for municipal, organisational and corporate fleets. The company is relevant to public-transport renewal and urban-service procurement, subject to material sanctions compliance constraints.
Operations & footprint
Products and services
Shahab Khodro Company manufactures and refurbishes buses, city buses, transit buses, passenger buses, electric vans, fire trucks, waste-transport vehicles, water and fuel carriers, skip loaders, roll-off municipal equipment, and other urban-service vehicles. Its operating role is linked to municipal fleets, public transport renewal, urban services, bus body manufacturing, chassis assembly, and vehicle overhaul.
Operations and assets
The Tehran manufacturing operation includes frame production, body, paint, welding and machining shops, a chassis assembly line and a trimming hall.
Geographic footprint
Iran, serving domestic public-transport and urban-service fleets.
Ownership & group structure
Ownership
Astan Quds Razavi has been the parent organisation since 1999.
Parent company
Astan Quds Razavi.
Reported scale
Employees: Approximately 300 employees.
Commercial and investment relevance
Shahab Khodro is relevant for investors assessing Iran's municipal-vehicle supply, bus-renewal demand, public-transport procurement, urban-service equipment, and the legacy manufacturing capacity of older automotive producers. However, the company carries elevated compliance and sanctions-screening risk, so any commercial, financing, supplier, or counterparty analysis should treat it as high-risk until independently screened. Due diligence should verify ownership, current production continuity, shareholder status, public disclosures, sanctions status, municipal contracts, after-sales capability, component sourcing, technology partners, and any restrictions affecting payment, procurement, or export activity. The company supplies municipalities, organisations and public and private fleet operators with buses and specialised urban-service vehicles built to order. Its overhaul activity also addresses replacement and life-extension requirements for ageing bus fleets.
Constraints, risk & compliance
Key risks and constraints
Demand is closely tied to municipal and institutional fleet orders. Production continuity depends on maintaining vehicle-component sourcing and assembly capability, while the company’s sanctions exposure constrains counterparties, payments and procurement routes.
Sanctions and compliance considerations
Shahab Khodro is identified under United States Iran-related sanctions administered by the Office of Foreign Assets Control. Counterparties should complete sanctions, ownership and transaction screening before engagement.
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Frequently asked questions
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What does Shahab Khodro manufacture?
Shahab Khodro manufactures city, transit and passenger buses; municipal vehicles such as refuse collectors, fire trucks, water carriers and fuel carriers; and electric vans. It also overhauls and reconstructs buses.
Where is Shahab Khodro based?
The company is based in Tehran, Iran, at the 9th Km of Karaj Special Road.
Who owns Shahab Khodro?
Shahab Khodro has been part of Astan Quds Razavi since 1999.
Does Shahab Khodro face sanctions-related restrictions?
Yes. Shahab Khodro is identified under United States Iran-related sanctions. Any proposed transaction requires appropriate sanctions, ownership and payment-route screening.