Aabsal
Encyclopedia
Aabsal is one of the major manufacturers of home appliances in Iran. Aabsal was established in 1957 and is listed on the Tehran Stock Exchange
. The company manufactures air coolers, gas heater
s, gas cookers and washing machine
s among other products.
s, water evaporative air coolers, and room Gas heater
s in Iran
. It also distributes gas cookers. The company serves customers through a network of sales representatives. Aabsal Co. was formerly known as Universal PLC. and changed its name in 1983.
While established in Tehran
, Aabsal currently has 348 locations across Iran
.
of Korea. Arj is another main producer of home appliances in Iran.
Tehran Stock Exchange
The Tehran Stock Exchange is Iran's largest stock exchange, which first opened in 1967. The TSE is based in Tehran. As of July 2010, 337 companies with a market capitalization of US$72 billion were listed on TSE...
. The company manufactures air coolers, gas heater
Gas heater
A gas heater is a device used to heat a room or outdoor area by burning natural gas or liquefied petroleum gas. Indoor household gas heaters can be broadly categorized in one of two ways: flued or non-flued, or vented and unvented...
s, gas cookers and washing machine
Washing machine
A washing machine is a machine designed to wash laundry, such as clothing, towels and sheets...
s among other products.
Operations
Aabsal Co. engages in the manufacture and sale of automatic front loading washing machines, dishwasherDishwasher
A dishwasher is a mechanical device for cleaning dishes and eating utensils. Dishwashers can be found in restaurants and private homes.Unlike manual dishwashing, which relies largely on physical scrubbing to remove soiling, the mechanical dishwasher cleans by spraying hot water, typically between ...
s, water evaporative air coolers, and room Gas heater
Gas heater
A gas heater is a device used to heat a room or outdoor area by burning natural gas or liquefied petroleum gas. Indoor household gas heaters can be broadly categorized in one of two ways: flued or non-flued, or vented and unvented...
s in Iran
Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...
. It also distributes gas cookers. The company serves customers through a network of sales representatives. Aabsal Co. was formerly known as Universal PLC. and changed its name in 1983.
While established in Tehran
Tehran
Tehran , sometimes spelled Teheran, is the capital of Iran and Tehran Province. With an estimated population of 8,429,807; it is also Iran's largest urban area and city, one of the largest cities in Western Asia, and is the world's 19th largest city.In the 20th century, Tehran was subject to...
, Aabsal currently has 348 locations across Iran
Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...
.
Domestic competitors
Entekhab Industrial Group is a privately owned company, located in the City of Isfahan. It is a leading manufacturer of home appliances such as cookers, washing machines, refrigerators and televisions. Entekhab has a well established brand, Snowa, in the Iranian market and several other newly created brands. As of December 2010, Entekhab owns Daewoo ElectronicsDaewoo Electronics
Daewoo Electronics is a home electronics company. Established in 1971, it has since grown into a global business with more than 64 production sites, R&D and sales centres in more than 40 countries worldwide. Daewoo Electronics Sales UK was established in November 1993. It is the third largest...
of Korea. Arj is another main producer of home appliances in Iran.