About Us

“YAS Co.” was established in 2009 to perform as an investment company. Its owners searched for profitable opportunities in Iran to operate in various industries.

At first, the owners and managers decided to operate in 6 industries which include :

Automotive

Oil and Related Equipment

Domestic and International Trading

Construction

HVAC(Heating, Ventilating, Air Conditioning)

Cosmetics

Anthology

Iran’s mineral exports hit $9.22b last year

Iran’s mineral exports hit $9.22b last year

 Iran exported over 57.707 million tons of mineral products worth over $9.22 billion during the past fiscal year (ended on March 20). According to the data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), the figure shows a 5% decline in terms of volume in comparison with a year before […]

Publish Date : 2019/04/24 Read More

Supply concerns drive oil prices to highest level since Nov. 2018

Supply concerns drive oil prices to highest level since Nov. 2018

Oil prices rallied by more than 2% on Monday to levels not seen since November 2018 following the market’s growing concerns that the US may not renew the sanction waivers on Iranian oil, which will end early May. Brent crude futures rose to a November 2018 of $73.77 per barrel early Monday, up 2.5% from […]

Publish Date : 2019/04/22 Read More

SPGC eyes 7 bcm gas output growth

SPGC eyes 7 bcm gas output growth

The natural gas output of South Pars Gas Complex (SPGC) is expected to rise by 7 billion cubic meters this calendar year, which began on March 21, compared to the preceding year, SPGC CEO said. According to the National Iranian Gas Company (NIGC), Hadi Hashemizadeh Farhang said the boost is expected to be made possible […]

Publish Date : 2019/04/20 Read More

Cabinet studying currency reconversion, lopping off 4 zeroes of nat. currency

Cabinet studying currency reconversion, lopping off 4 zeroes of nat. currency

According to the request of the Central Bank of Iran (CBI), the economic committee of the cabinet has on agenda the plan to eliminate four zeros from the national currency rial and to introduce a new one. According to this plan, the new currency, named Toman, which has been the unofficial currency used by the people, will […]

Publish Date : 2019/04/17 Read More