The core activity of the company is the supply of industrial plants, machinery, spare parts, provision of services, transfer technology and know-how, projects development to Iran, mainly in the field of steel and metallurgy related industries, oil and gas, mine and mining industries. The company offers execution of turn key projects, procurement of equipment, spare parts and consumable materials, supply of technical assistance, trading of steel products, mine and mining industries products, projects financing and personnel training. Irasco shareholders are the German trade holding and consulting company ASCOTEC HOLDING GMBH, which owns 51% of its capital, and the Iran International Engineering Company IRITEC which owns the remaining 49% shares. With more than 20 years presence in Iranian market, Irasco is a multicultural organization where skilled Iranian and Italian personnel are working together.