The Renault group has over 350 industrial and commercial sites in over 40 countries, and employs 131,879 people worldwide. The group's profitable growth strategy is based on three main priorities: competitiveness, innovation and international development. Renault Pars is held 51% by Renault and 49% by Aidco (Automotive Industrial Development Company), a common entity comprised of IDRO, Iran Khodro and Saipa. Renault Pars is the first joint venture created in automotive sector in Iran and has been active since March 2004.
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