Equipment Supply
Procurement Engineering and EPC Project Execution
With over two decades of experience, Fitco supplies strategic equipment to major industries, connecting Iranian infrastructure sectors with the expertise, technology, and products of leading global manufacturers through its international network.
Fitco’s core mission and competence is supplying equipment for the country’s major industries in three principal sectors:
Mining and metal industries, especially the copper industry and the steel production chain The vast and fundamental oil, gas, and petrochemical industries as Iran’s mother industry The growing renewable energy sector, particularly solar energy
This core activity relies on over two decades of experience in supply engineering, utilizing the expertise, knowledge, and technology of leading global manufacturers, specialized and experienced staff, and subsidiary and partner offices abroad, forming a stable international network.
Accordingly, Fitco has succeeded in acting as a bridge between industry and modern global technology for Iran’s infrastructure industries and has secured a worthy share in development, modernization, and technology upgrade projects. Over these two decades, Fitco has expanded its product portfolio alongside its growing scope of activities and has assumed representation of many leading global brands in Iran.
In this sector, Fitco supplies a wide range of specialized equipment from reputable global brands:
Fitco’s specialized equipment and partner brands in oil and gas industries include:
Fans and blowers: Zhang Gu
Process centrifugal pumps: according to API 610 standard from KSB and Flowserve
Steam turbines: HCTC
Rotary and cryogenic pumps: reputable Western European brands
Slurry pumps (Suspension Pump): for polypropylene (PP) and high-density polyethylene (HDPE) units
Firefighting pumps: based on NFPA20 standard with UL | FM certification for offshore and onshore applications
Gas and oil platform pumps: for offshore environments
Gearboxes: Flender
Medium- and high-voltage electric motors (MV-HV): WEG and Siemens
High-temperature pipes: Western European suppliers
Air separation packages: Sinergia
In line with clean energy development, Fitco supplies the following equipment from leading brands:
Fakor International Engineering Company, Tehran (Fitco), leveraging its international commercial infrastructure and regional and European partner offices, provides specialized equipment supply, sales engineering, and comprehensive international commercial services—even beyond its core fields—based on extensive negotiation experience, technical manufacturer evaluation, and a transparent process supported by its global network.
These services are based on extensive experience in international negotiations, technical evaluation of manufacturers, and Fitco’s partner company network. All processes are conducted transparently, and financial documents are provided to clients. Commercial services include:
1.Sourcing and credit evaluation of suppliers and manufacturers. 2.International negotiations, contract conclusion and purchase order placement. 3.Exchange of financial guarantees and execution of financial transactions. 4.Inspection coordination and supervision of production and delivery processes. 5.Full international logistics services until goods reach Iranian customs. 6.Commercial brokerage, order registration and currency allocation within current regulations
Fitco also offers export management services, including foreign customer negotiations, contract execution, logistics and shipment, and financial transactions on behalf of manufacturers, serving industries such as cement, mining, and chemicals across the Persian Gulf, Europe, and Africa.
Beyond the brands represented by Fitco, for new goods or even previously supplied items, “sourcing” is the first step in procurement engineering. This service, as a principal group within Fitco’s core business, is provided both to the internal sales engineering unit and independently to clients.
Sourcing and procurement engineering begin with identifying needs and continue through finding, comparing and evaluating potential partners to select the most suitable option and conclude contracts. This process is based on balancing “quality, time and cost” according to the employer’s perspective.
Our colleagues in this sector, with commercial backgrounds, deep technical knowledge, familiarity with top global suppliers, and access to reliable databases, are ready to deliver procurement engineering services to business partners.
Fitco’s vision is to become a knowledge-based economic group; therefore, it emphasizes simultaneous activity in production, international trade, and innovative technologies.
Fitco’s colleagues in technical office, procurement engineering and sales departments largely possess academic education and technical experience in relevant industries. Supported by years of activity in design, manufacturing, operation, and maintenance, and with comprehensive understanding of equipment performance, we are able to deeply comprehend client challenges. By combining this field knowledge with the specialized expertise of global manufacturers, Fitco has positioned itself as a trusted consultant alongside its business partners by offering comprehensive solutions.
In recent years, by upgrading its service level, Fitco has progressed from overhauling supplied systems to supervising installation, and subsequently to full installation and commissioning of complex, multi-discipline systems.
In the solar power plant sector, in addition to equipment supply, Fitco has placed full EPC project execution on its agenda and has successfully completed two projects under this method. We regard these projects as a prelude to participation in larger plans and to establishing a production division for partial localization of equipment within Iran, moving step by step along this path.
