Examon Economic Development Group (EEDG)
was established in 2017 as a holding company for managing and promoting Examon’s investments in Iran through an integrated set of strategic economic and business decisions as well as building a sustainable relationship with the group’s business partners and stakeholders. EEDG objectives are as follows:
- Development of the Group’s economic activities in other business areas and diversification of investments;
- Improving corporate governance, risk management systems and transparency of the Group companies;
- Facilitating the Group companies’ financing and guiding the available funds to profitable business development projects;
- Preparation of the subsidiaries for listing in the capital market and attracting foreign investments; and
- Increasing the Group companies’ synergy and improving the decision making and operational policies and procedures.
Examon Economic Development Group has four subsidiaries i.e. Rougine Darou, Rougine Pharmed and Rougine Tolid (all in the Pharmaceutical industry) and Mehrsun Novin Pars (in renewable energy) all founded and registered in Iran.
Mehrsun Novin Pars
Mehrsun Novin Pars
Mehrsun Novin Pars was founded in 2017 as a subsidiary of EEDG in Iran based on the diversification strategy of the group in order to satisfy the rising demand in the energy, water and oil & gas sector of Iran. For this purpose, so far, the company has become active in renewable energy field. Furthermore, Mehrsun has a cooperation with BWT-HOH Co. which is operative in the field of desalination plants in BWT Group. The Company is also looking to expand into the distributed generation plants market, which is growing very fast and is predicted to keep its growth rate in the coming years.
Rougine Pharmed as a new branded healthcare company with strong scientific support of its partners (Rougine Darou and Rougine Tolid) was founded in 2017 with headquarters in Tehran.
Rougine Darou is a leading pharmaceutical company that started its activity in 2008. It was founded by a group of experts in the pharmaceutical business of Iran to attract and develop new potential.
Rougine Tolid is currently in pre-operation stage and is going to be engaged in manufacturing of different medicines in conventional oral solid dosage forms (tablets and capsules) & oral liquid dosage forms. The factory with a size of more than 28,000 m² is located in the Northern part of Saveh, Kaveh Special Economic Zone.