Frico Group was established in 1993 as “a customer-centered, quality – oriented and knowledge-based company.” This group, formed of 18 subsidiary companies with more than 3000 staff, is now engaged in industrial, business, services and agricultural activities.
Frico Group is a leading company that represents the effective contribution of private sector in job creation and industrial- economic growth of Islamic Republic of Iran. By establishing several offices in foreign countries such as U.A.E., Frico Group has gained a good reputation in the international markets. During its long years of activity, Frico Group has successfully met the needs of specified industries, based on comprehensive market studies and wide need assessments in the society as well as strategic planning. By doing so, it has promoted its status among its rivals in the country.
Frico’s board of directors is composed of professional members and managers having valuable specialized knowledge and experience in financial and investment areas as well as technical, commercial, and executive affairs. This fact plays a key role in adopting appropriate decisions in accordance with the interest and benefits of the organization and its customers, including contractors, employers, investors, buyers, etc.
Frico’s large family has constantly tried to identify its strengths and weaknesses as well as the opportunities and threats in its business environment by employing knowledgeable and dedicated staff and using the latest technologies. By doing so, Frico has performed successfully in various industrial fields and, despite the sanctions and domestic and international crises, it has managed to help the industrial development and economic circulation of the country. All these endeavors are reflected in numerous successful projects of this holding company.