MAPNA Group

MAPNA

Company type	Public company
Traded as	TSE: MAPN1
Industry	Conglomerate, Power, Oil & Gas, Railway Transportation
Founded	1993; 31 years ago (1993)
Headquarters	Tehran, Iran
Area served	Worldwide
Key people	Mohammad Oliya (CEO)
Products	Power plants; gas and steam turbines, boilers, generators, transformers, auxiliary equipment. Locomotives[1] Power generation technology, industrial and buildings automation, medical technology, railway vehicles, water treatment systems, electric vehicles technologies
Revenue	US$2.11 billion (2016)[2]
Number of employees	15000 (2016)
Divisions	Power Oil & Gas Wagon Pars Investment Services Health Water Electrification
Website	www.mapnagroup.com/en

MAPNA Group (Persian: گروه مپنا) is a group of Iranian companies involved in development and execution of thermal and renewable power plants, oil & gas, railway transportation and other industrial projects as well as manufacturing main equipment including gas and steam turbines, electrical generator, turbine blade and vane, HRSG and conventional boilers, electric and control systems, gas compressor, locomotive and other pertinent equipment.

The company was initially named Iran Power Plant Projects Management Company, MAPNA (Persian: مپنا) serving as the acronym of the Persian title. The full title was dropped in October 2012 following diversification of the holding's activities, with MAPNA becoming the official trademark of the company.

MAPNA was founded in 1993 with the initial aim of becoming a general contractor for thermal power plants but evolved and diversified its business lines and capacities to other industries two decades after its establishment. The group is the first and leading Middle East-based general contractor of thermal power plants in MENA region.