Top 100 Iranian companies had $215 billion in revenues in 2011-2012

TEHRAN,Feb.20(MNA) – The Industrial Management Organization of Iran has released the list of 400 leading Iranian companies in terms of sales in Iranian calendar year 1390, which ended on March 19, 2012. The Esfahan Oil Refining Company topped the list with 176 trillion rials (about $13.8 billion) of revenues. The Iran Khodro car manufacturing group and the Bandar Abbas Oil Refining Company ranked second and third respectively. The Bandar Abbas Oil Refining Company was the leading exporter with $2.9 billion of exports. Iran Khodro, with 53,000 workers, had the highest number of personnel, followed by the Saipa car manufacturing group with 43,000 and Saderat Bank with 33,000. The total sales of the top 100 Iranian companies amounted to 2.64 quadrillion rials (about $215 billion), which was a 30 percent rise year on year.