In the latest annual ranking released by the Iran Management and Industrial Organization (IMI-100), Pezhvak Energy achieved an outstanding performance, rising 83 positions compared to last year and earning the title of a leading company in rapid revenue growth. This achievement reflects the company’s accelerated development and the effectiveness of its operational strategies over the past year.
Based on the financial performance of the year 1403, Pezhvak Energy recorded revenues of 49,000 billion rials, representing a 147% increase compared to revenues of 19,000 billion rials in 1402.
Within the contracting companies group, Pezhvak Energy ranked tenth in terms of sales, improving from sixteenth place last year—an advancement of six positions within a single year.
It is also noteworthy that Pezhvak Energy’s operating revenues increased more than fourteenfold from 1400 through the end of the 1404 fiscal year, driven by the growth and expansion of ongoing projects. This remarkable progress is the result of the dedicated efforts and effective performance of the capable, specialized, and cohesive Pezhvak Energy team.
The IMI-100 ranking, now in its 28th consecutive year, is conducted by the Iran Management and Industrial Organization with the aim of enhancing business transparency, strengthening competitiveness among economic enterprises, and evaluating companies based on dozens of financial and performance indicators.
By relying on sustainable revenue growth, executing impactful upstream oil and gas projects, and focusing on the development of operational capacities, Pezhvak Energy has significantly strengthened its position among the country’s top companies and firmly established its path of accelerated growth.