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MAPNA Turbine Engineering and Manufacturing Co.(TUGA)

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Namestring
MAPNA Turbine Engineering and Manufacturing Co.(TUGA)
Legal namestring
MAPNA Turbine Engineering and Manufacturing Co. (TUGA)
Company typeenum
Private
Founded yearint
1999
Descriptiontext

MAPNA Turbine Engineering and Manufacturing Co. (TUGA), established in 1999 as a core subsidiary of MAPNA Group (گروه مپنا), is Iran's primary domestic manufacturer of large industrial gas turbines and high-pressure centrifugal compressors. The company designs and produces the MGT gas turbine family (MGT-40, MGT-35, MGT-30, MGT-20, MGT-70) ranging from approximately 13 MW to 185 MW per unit, targeting power generation, mechanical drive, and gas compression applications. TUGA also manufactures centrifugal compressors for pressures up to 345 bar, a capability previously exclusive to Japanese and Western OEMs, demonstrated in the Shourijeh gas storage project (49 to 345 bar in two stages). The company holds proprietary technologies including the IGV+ inlet guide vane upgrade system (capable of adding 1,000 MW to Iran's grid) and an internationally patented aero-mechanical blade design method (USPTO).

TUGA operates from a manufacturing facility in Fardis, Karaj (30 km from Tehran) and a commercial office in Tehran's Mirdamad district. The company serves Iranian power generation utilities, the National Iranian Gas Company (NIGC), National Iranian Oil Company (NIOC), petrochemical complexes (including Kimia Pars, Shiraz, Petrochemical Pars), gas transmission pipeline operators (IGAT), and oil field operators requiring enhanced oil recovery compression. It holds ISO 9001, 14001, 45001, 50001, and IPICB certifications and has earned the Gold Trophy of Iran's National Organizational Excellence Award twice (1401 and 1404), placing it among only five Iranian companies at this level.

The company's business model is primarily project-based enterprise sales to state-owned and government-aligned energy customers, with long-cycle procurement, technical specification matching, and engineering customization. Revenue is generated through large turbine and compressor supply contracts, technology upgrades (IGV+ retrofits), and ancillary package systems (oil, fuel, cooling) per API 614 and API 617 standards. A secondary revenue stream comes from a 710-item surplus industrial tooling e-commerce portal (€15-€9,672 unit pricing). International market access is facilitated through the TUGA-Francotosi Meccanica joint venture with Italy's Franco Tosi Meccanica, established in December 2015, which extends the portfolio to steam turbines (1-660 MW) and hydro turbines with franchise reach to 40+ countries. TUGA is a private, wholly-owned subsidiary of MAPNA Group and does not publicly disclose financial figures.

Short descriptiontext

MAPNA Turbine Engineering and Manufacturing Co. (TUGA) is Iran's primary domestic manufacturer of large industrial gas turbines and high-pressure centrifugal compressors, serving state-owned power utilities, oil and gas operators, and petrochemical plants as a subsidiary of MAPNA Group.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersTehran, Iran
HQ citystring
Tehran
HQ countrystring
Iran
HQ regionstring
Middle East
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industrial gas turbines, centrifugal compressors, power generation equipment, turbomachinery manufacturing, oil gas compression
Industry4 codes
1Gas Turbines (Industrial & Utility-Scale)
CodeIMAHAFAAPrimaryYes
2Process Gas & High-Pressure Compressors
CodeIMAHANAFPrimaryNo
3Pump & Compressor Packages (Skids, Booster Sets)
CodeIMAHANAGPrimaryNo
4Turbines, Generators & Hydromechanical Equipment Manufacturing (OEMs)
CodeEUACAEAHPrimaryNo
NAICS code6 codes
  • Turbine and Turbine Generator Set Units Manufacturing333611
  • Pump and Compressor Manufacturing33391
  • Air and Gas Compressor Manufacturing333912
  • Engine, Turbine, and Power Transmission Equipment Manufacturing33361
  • Engine, Turbine, and Power Transmission Equipment Manufacturing3336
  • Oil and Gas Field Machinery and Equipment Manufacturing333132
SIC code4 codes
  • Engines & Turbines3510
  • Motors & Generators3621
  • Oil & Gas Field Machinery & Equipment3533
  • Pumps & Pumping Equipment3561
Product category
Industrial Turbomachinery
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Pricing details1 tier
1Surplus Industrial Tooling Catalog - 710 items across multiple categories
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Surplus equipment catalog with individual unit prices ranging from €15 (HSS Round D12x200) to €9,672 (FB BODY R825C-FAH377A). Categories include boring bars, holders, adaptors, collets, arbors, threads, and tool holders. Suppliers include Sandvik, KOMET, SECO, Walter, DANDEREA, NORIS, EMUGE, KORLOY, KOKUHIN, BAHMÜLLER, UOP, BAKUER. Available for order online.

mapnaturbine.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

MAPNA Turbine Engineering and Manufacturing Co. (TUGA) designs and manufactures large-scale industrial gas turbines (MGT series, ~13 MW to 185+ MW), high-pressure centrifugal compressors (up to 345 bar) for gas storage and pipeline transmission, and integrated turbine/compressor packages for power generation, oil and gas, and petrochemical customers. Production is carried out at the Fardis, Karaj manufacturing complex under API 617/614 standards, with project-based supply to utilities, NIOC/NIGC, and petrochemical operators in Iran and internationally via the TUGA-Francotosi joint venture.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 1,325 billion Toman saved in power plant sector through IGV+ and Media cooling system deployment in 105 power plant units, versus 1,400 billion Toman capital cost for 620 MW new generation
+2 more records
Product and service9 records
1MGT Series Gas Turbines
CategoryIndustrial Gas Turbines
Description

A family of large industrial gas turbines including MGT-20, MGT-30, MGT-35, MGT-40, and MGT-70(3), spanning approximately 13 MW to 185+ MW per unit. Used for power generation, gas compression drives, and industrial applications in power plants, refineries, and large industrial complexes.

2MGT-40 Liquid Fuel Power Generation Unit
CategoryIndustrial Gas Turbines
Description

First MGT-40 gas turbine variant configured for liquid fuel operation, enabling continuous on-site power generation at large industrial facilities during periods of natural gas supply restrictions. Targeted at energy-intensive industries such as copper smelters and refineries.

3High-Pressure Centrifugal Compressors for Gas Storage
CategoryCentrifugal Compressors
Description

Indigenous design and manufacture of high-pressure centrifugal compressors for gas storage applications, with operating pressures up to 345 bar and speeds up to 13,380 RPM. Built for Shourijeh Phase 2, increasing pressure from 49 bar to 345 bar in two stages — a capability previously exclusive to Japanese and Western manufacturers.

4Hydrostatic and Leak Testing Station for Compressors
CategoryTesting Services / Manufacturing Infrastructure
Description

In-house testing infrastructure providing hydrostatic testing up to 800 bar and leak testing up to 300 bar in compliance with API 617, with online parameter monitoring and full gas testing capability using nitrogen and helium for high-pressure compressor validation.

5Oil System Package (API 614 Special Purpose)
CategoryAncillary Equipment Packages
Description

First API 614 Special Purpose-compliant oil system package designed and manufactured by TUGA, delivered for the Electrocompressor Bidboland project. Represents localization of ancillary turbine/compressor equipment packaging previously procured from foreign suppliers.

6IGV+ Turbine Power Upgrade Technology
CategoryTurbine Retrofit / Upgrade Services
Description

Indigenous turbine power augmentation technology that increases electricity output from existing gas turbines via IGV+ (Inlet Guide Vane) upgrade, avoiding the capital cost of new unit installation. Deployment has delivered 1,325 billion Toman in savings across 105 power plant units versus 1,400 billion Toman for 620 MW of new build.

7Steam Turbines (1–660 MW) via TUGA-Francotosi Joint Venture
CategorySteam Turbines
Description

Steam turbines ranging from 1 MW to 660 MW offered to domestic and international markets via the TUGA-Francotosi Meccanica joint venture with Franco Tosi Meccanica (Italy), which has supplied approximately 1,000 turbines to 40+ countries over 134 years.

8Hydro Turbines via TUGA-Francotosi Joint Venture
CategoryHydro Turbines
Description

Hydro turbines offered to domestic and international customers through the TUGA-Francotosi Meccanica joint venture with Franco Tosi Meccanica (Italy), broadening TUGA's turbomachinery portfolio into the hydropower segment.

9Surplus Industrial Tooling and Equipment Catalog
CategorySurplus Industrial Equipment
Description

Self-serve online catalog of 710 surplus industrial tooling and equipment items (cutting tools, boring bars, holders, collets, arbors, threads, tool holders) sold directly to engineering workshops and industrial buyers via the company's e-commerce portal, with unit pricing in euros.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2015-12-01
Description

TUGA-Francotosi Meccanica is a joint venture between MAPNA Turbine Engineering and Manufacturing Co. (TUGA) and Franco Tosi Meccanica of Italy, established in December 2015 (Azar 1394). The venture targets development of machinery and equipment for the energy and oil & gas sectors. The JV enables TUGA to offer an expanded portfolio including industrial and power gas turbines, steam turbines (1 to 660 MW), centrifugal compressors, and various hydro turbines to domestic and international markets. Franco Tosi Meccanica brings 134 years of experience and has supplied approximately 1,000 turbines to over 40 countries.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Major global gas turbine OEM (HA-class and aeroderivative units) and supplier of compression equipment for oil & gas. Competes with TUGA in the same product categories (heavy-duty gas turbines, centrifugal compressors for pipeline and storage applications) across power and O&G customer segments.

TypeDirect peer
Description

Global supplier of hydro turbines and turbomachinery (up to 800+ MW units) for hydroelectric power plants. Directly comparable to the hydro turbine line that TUGA accesses through the TUGA-Francotosi JV with Franco Tosi Meccanica, serving the same hydropower developer customer base.

TypeBroad incumbent
Description

Global leader in utility-scale gas turbines (SGT-A35/A65 series) and industrial compression. Directly comparable to TUGA's MGT family and high-pressure centrifugal compressors, with overlapping customer base in power generation and oil & gas, though operating at vastly greater scale and with a much broader portfolio.

TypeBroad incumbent
Description

Global gas turbine manufacturer (M501J/M501GAC series) and supplier of compressors and steam turbines. Direct overlap with TUGA's combined-cycle and oil & gas compression product portfolio; historically a Western/Japanese supplier whose local market share TUGA is attempting to displace.

TypeDirect peer
Description

Manufacturer of large industrial gas turbines (THM series), compressors, and turbo machinery for oil & gas and power applications. Closely comparable to TUGA in scale, product mix, and customer segments; serves upstream/midstream gas and petrochemical customers with similar compressor and turbine packages.

TypeDirect peer
Description

Italian steam turbine, gas turbine, and hydro turbine manufacturer with 134-year heritage and ~1,000 turbines supplied globally. TUGA's JV partner in TUGA-Francotosi Meccanica, providing the steam and hydro technology that complements TUGA's gas turbine and compressor portfolio.

TypeBroad incumbent
Description

Supplier of centrifugal compressors, gas turbines (NovaLT, LM series), and turbomachinery for upstream, midstream, and LNG applications. Direct competitor to TUGA in high-pressure gas compression (e.g., gas storage, pipeline, petrochemical) and in industrial-scale gas turbines for O&G customers.

TypeDirect peer
Description

Manufacturer of centrifugal compressors, steam turbines, and power recovery expanders serving oil refineries, petrochemical plants, and gas processing facilities. Closely comparable to TUGA's process compressor and steam turbine offerings for petrochemical and gas transmission customers.

TypeDirect peer
Description

Manufacturer of industrial gas turbines (Mars, Saturn, Centaur families) ranging from 1–22 MW for mechanical drive and power generation, particularly for oil & gas and industrial customers. Direct peer to TUGA's smaller MGT units in mechanical-drive compressor packages and industrial power.

TypeOthers
Description

Parent conglomerate that controls TUGA and is itself a major EPC contractor for combined-cycle and thermal power plants in Iran. While not a direct competitor, MAPNA Group is TUGA's anchor customer-channel and strategic ecosystem partner for turnkey project delivery.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

MAPNA Turbine Engineering and Manufacturing Co.(TUGA)

Industrial Turbomachinerymapnaturbine.com

MAPNA Turbine Engineering and Manufacturing Co. (TUGA) is Iran's primary domestic manufacturer of large industrial gas turbines and high-pressure centrifugal compressors, serving state-owned power utilities, oil and gas operators, and petrochemical plants as a subsidiary of MAPNA Group.

What MAPNA Turbine Engineering and Manufacturing Co.(TUGA) does

MAPNA Turbine Engineering and Manufacturing Co. (TUGA), established in 1999 as a core subsidiary of MAPNA Group (گروه مپنا), is Iran's primary domestic manufacturer of large industrial gas turbines and high-pressure centrifugal compressors. The company designs and produces the MGT gas turbine family (MGT-40, MGT-35, MGT-30, MGT-20, MGT-70) ranging from approximately 13 MW to 185 MW per unit, targeting power generation, mechanical drive, and gas compression applications. TUGA also manufactures centrifugal compressors for pressures up to 345 bar, a capability previously exclusive to Japanese and Western OEMs, demonstrated in the Shourijeh gas storage project (49 to 345 bar in two stages). The company holds proprietary technologies including the IGV+ inlet guide vane upgrade system (capable of adding 1,000 MW to Iran's grid) and an internationally patented aero-mechanical blade design method (USPTO).

TUGA operates from a manufacturing facility in Fardis, Karaj (30 km from Tehran) and a commercial office in Tehran's Mirdamad district. The company serves Iranian power generation utilities, the National Iranian Gas Company (NIGC), National Iranian Oil Company (NIOC), petrochemical complexes (including Kimia Pars, Shiraz, Petrochemical Pars), gas transmission pipeline operators (IGAT), and oil field operators requiring enhanced oil recovery compression. It holds ISO 9001, 14001, 45001, 50001, and IPICB certifications and has earned the Gold Trophy of Iran's National Organizational Excellence Award twice (1401 and 1404), placing it among only five Iranian companies at this level.

The company's business model is primarily project-based enterprise sales to state-owned and government-aligned energy customers, with long-cycle procurement, technical specification matching, and engineering customization. Revenue is generated through large turbine and compressor supply contracts, technology upgrades (IGV+ retrofits), and ancillary package systems (oil, fuel, cooling) per API 614 and API 617 standards. A secondary revenue stream comes from a 710-item surplus industrial tooling e-commerce portal (€15-€9,672 unit pricing). International market access is facilitated through the TUGA-Francotosi Meccanica joint venture with Italy's Franco Tosi Meccanica, established in December 2015, which extends the portfolio to steam turbines (1-660 MW) and hydro turbines with franchise reach to 40+ countries. TUGA is a private, wholly-owned subsidiary of MAPNA Group and does not publicly disclose financial figures.

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) firmographics

Firmographics
Name
MAPNA Turbine Engineering and Manufacturing Co.(TUGA)
Legal name
MAPNA Turbine Engineering and Manufacturing Co. (TUGA)
Website
https://mapnaturbine.com
Company type
Private
Founded year
1999
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
MAPNA Turbine Engineering and Manufacturing Co. (TUGA) is Iran's primary domestic manufacturer of large industrial gas turbines and high-pressure centrifugal compressors, serving state-owned power utilities, oil and gas operators, and petrochemical plants as a subsidiary of MAPNA Group.
Ownership category
akta.pro rank

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) industry classification

Industry
Product category
Industrial Turbomachinery
NAICS
Turbine and Turbine Generator Set Units Manufacturing (333611), Pump and Compressor Manufacturing (33391), Air and Gas Compressor Manufacturing (333912), Engine, Turbine, and Power Transmission Equipment Manufacturing (33361), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Oil and Gas Field Machinery and Equipment Manufacturing (333132)
SIC
Engines & Turbines (3510), Motors & Generators (3621), Oil & Gas Field Machinery & Equipment (3533), Pumps & Pumping Equipment (3561)
akta.pro primary industry
Gas Turbines (Industrial & Utility-Scale) (IMAHAFAA)
akta.pro secondary industries
Process Gas & High-Pressure Compressors (IMAHANAF), Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG), Turbines, Generators & Hydromechanical Equipment Manufacturing (OEMs) (EUACAEAH)

Keywords

  • Industrial gas turbines
  • Centrifugal compressors
  • Power generation equipment
  • Turbomachinery manufacturing
  • Oil gas compression

Where MAPNA Turbine Engineering and Manufacturing Co.(TUGA) is headquartered

Location

Headquarters

HQ city
Tehran
HQ country
Iran
HQ region
Middle East

Offices2 records

Markets served

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goSurplus Industrial Tooling Catalog - 710 items across multiple categories

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) product offering

Product offering

Core offering

MAPNA Turbine Engineering and Manufacturing Co. (TUGA) designs and manufactures large-scale industrial gas turbines (MGT series, ~13 MW to 185+ MW), high-pressure centrifugal compressors (up to 345 bar) for gas storage and pipeline transmission, and integrated turbine/compressor packages for power generation, oil and gas, and petrochemical customers. Production is carried out at the Fardis, Karaj manufacturing complex under API 617/614 standards, with project-based supply to utilities, NIOC/NIGC, and petrochemical operators in Iran and internationally via the TUGA-Francotosi joint venture.

Differentiator

Problem solved

Functional benefit

Products and services

  • MGT Series Gas Turbines A family of large industrial gas turbines including MGT-20, MGT-30, MGT-35, MGT-40, and MGT-70(3), spanning approximately 13 MW to 185+ MW per unit. Used for power generation, gas compression drives, and industrial applications in power plants, refineries, and large industrial complexes.
  • MGT-40 Liquid Fuel Power Generation Unit First MGT-40 gas turbine variant configured for liquid fuel operation, enabling continuous on-site power generation at large industrial facilities during periods of natural gas supply restrictions. Targeted at energy-intensive industries such as copper smelters and refineries.
  • High-Pressure Centrifugal Compressors for Gas Storage Indigenous design and manufacture of high-pressure centrifugal compressors for gas storage applications, with operating pressures up to 345 bar and speeds up to 13,380 RPM. Built for Shourijeh Phase 2, increasing pressure from 49 bar to 345 bar in two stages — a capability previously exclusive to Japanese and Western manufacturers.
  • Hydrostatic and Leak Testing Station for Compressors In-house testing infrastructure providing hydrostatic testing up to 800 bar and leak testing up to 300 bar in compliance with API 617, with online parameter monitoring and full gas testing capability using nitrogen and helium for high-pressure compressor validation.
  • Oil System Package (API 614 Special Purpose) First API 614 Special Purpose-compliant oil system package designed and manufactured by TUGA, delivered for the Electrocompressor Bidboland project. Represents localization of ancillary turbine/compressor equipment packaging previously procured from foreign suppliers.
  • IGV+ Turbine Power Upgrade Technology Indigenous turbine power augmentation technology that increases electricity output from existing gas turbines via IGV+ (Inlet Guide Vane) upgrade, avoiding the capital cost of new unit installation. Deployment has delivered 1,325 billion Toman in savings across 105 power plant units versus 1,400 billion Toman for 620 MW of new build.
  • Steam Turbines (1–660 MW) via TUGA-Francotosi Joint Venture Steam turbines ranging from 1 MW to 660 MW offered to domestic and international markets via the TUGA-Francotosi Meccanica joint venture with Franco Tosi Meccanica (Italy), which has supplied approximately 1,000 turbines to 40+ countries over 134 years.
  • Hydro Turbines via TUGA-Francotosi Joint Venture Hydro turbines offered to domestic and international customers through the TUGA-Francotosi Meccanica joint venture with Franco Tosi Meccanica (Italy), broadening TUGA's turbomachinery portfolio into the hydropower segment.
  • Surplus Industrial Tooling and Equipment Catalog Self-serve online catalog of 710 surplus industrial tooling and equipment items (cutting tools, boring bars, holders, collets, arbors, threads, tool holders) sold directly to engineering workshops and industrial buyers via the company's e-commerce portal, with unit pricing in euros.

Quantifiable outcome

  • 1,325 billion Toman saved in power plant sector through IGV+ and Media cooling system deployment in 105 power plant units, versus 1,400 billion Toman capital cost for 620 MW new generation
  • +2 more outcomes

Companies that use MAPNA Turbine Engineering and Manufacturing Co.(TUGA)

Customer profile

Named customers6 records

Segments3 records

Ideal customer profiles3 records

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Franco Tosi Meccanica (Italy)coreStrategic or Co-development Partner · 1 December 2015TUGA-Francotosi Meccanica is a joint venture between MAPNA Turbine Engineering and Manufacturing Co. (TUGA) and Franco Tosi Meccanica of Italy, established in December 2015 (Azar 1394). The venture targets development of machinery and equipment for the energy and oil & gas sectors. The JV enables TUGA to offer an expanded portfolio including industrial and power gas turbines, steam turbines (1 to 660 MW), centrifugal compressors, and various hydro turbines to domestic and international markets. Franco Tosi Meccanica brings 134 years of experience and has supplied approximately 1,000 turbines to over 40 countries.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) competitors and assessment

Company assessment

Broad incumbents

  • GE Vernova: Major global gas turbine OEM (HA-class and aeroderivative units) and supplier of compression equipment for oil & gas. Competes with TUGA in the same product categories (heavy-duty gas turbines, centrifugal compressors for pipeline and storage applications) across power and O&G customer segments.
  • Siemens Energy: Global leader in utility-scale gas turbines (SGT-A35/A65 series) and industrial compression. Directly comparable to TUGA's MGT family and high-pressure centrifugal compressors, with overlapping customer base in power generation and oil & gas, though operating at vastly greater scale and with a much broader portfolio.
  • Mitsubishi Power: Global gas turbine manufacturer (M501J/M501GAC series) and supplier of compressors and steam turbines. Direct overlap with TUGA's combined-cycle and oil & gas compression product portfolio; historically a Western/Japanese supplier whose local market share TUGA is attempting to displace.
  • Baker Hughes: Supplier of centrifugal compressors, gas turbines (NovaLT, LM series), and turbomachinery for upstream, midstream, and LNG applications. Direct competitor to TUGA in high-pressure gas compression (e.g., gas storage, pipeline, petrochemical) and in industrial-scale gas turbines for O&G customers.

Direct peers

  • Andritz AG: Global supplier of hydro turbines and turbomachinery (up to 800+ MW units) for hydroelectric power plants. Directly comparable to the hydro turbine line that TUGA accesses through the TUGA-Francotosi JV with Franco Tosi Meccanica, serving the same hydropower developer customer base.
  • MAN Energy Solutions: Manufacturer of large industrial gas turbines (THM series), compressors, and turbo machinery for oil & gas and power applications. Closely comparable to TUGA in scale, product mix, and customer segments; serves upstream/midstream gas and petrochemical customers with similar compressor and turbine packages.
  • Franco Tosi Meccanica: Italian steam turbine, gas turbine, and hydro turbine manufacturer with 134-year heritage and ~1,000 turbines supplied globally. TUGA's JV partner in TUGA-Francotosi Meccanica, providing the steam and hydro technology that complements TUGA's gas turbine and compressor portfolio.
  • Elliott Group: Manufacturer of centrifugal compressors, steam turbines, and power recovery expanders serving oil refineries, petrochemical plants, and gas processing facilities. Closely comparable to TUGA's process compressor and steam turbine offerings for petrochemical and gas transmission customers.
  • Solar Turbines (Caterpillar): Manufacturer of industrial gas turbines (Mars, Saturn, Centaur families) ranging from 1–22 MW for mechanical drive and power generation, particularly for oil & gas and industrial customers. Direct peer to TUGA's smaller MGT units in mechanical-drive compressor packages and industrial power.

Others

  • MAPNA Group (parent): Parent conglomerate that controls TUGA and is itself a major EPC contractor for combined-cycle and thermal power plants in Iran. While not a direct competitor, MAPNA Group is TUGA's anchor customer-channel and strategic ecosystem partner for turnkey project delivery.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) social profiles

Digital presence

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) financial estimates

Financial estimate

Revenue estimate

Valuation estimate

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) leadership team

Management profile

Number of profiles

Profiles1 record

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MAPNA Turbine Engineering and Manufacturing Co.(TUGA)

What does MAPNA Turbine Engineering and Manufacturing Co.(TUGA) do?

MAPNA Turbine Engineering and Manufacturing Co. (TUGA) designs and manufactures large-scale industrial gas turbines (MGT series, ~13 MW to 185+ MW), high-pressure centrifugal compressors (up to 345 bar) for gas storage and pipeline transmission, and integrated turbine/compressor packages for power generation, oil and gas, and petrochemical customers. Production is carried out at the Fardis, Karaj manufacturing complex under API 617/614 standards, with project-based supply to utilities, NIOC/NIGC, and petrochemical operators in Iran and internationally via the TUGA-Francotosi joint venture.

Is MAPNA Turbine Engineering and Manufacturing Co.(TUGA) a public or private company?

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) is a private company. It is classified as corporate owned and is currently operating.

When was MAPNA Turbine Engineering and Manufacturing Co.(TUGA) founded?

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) was founded in 1999. It employs 1,001 to 5,000 people.

Where is MAPNA Turbine Engineering and Manufacturing Co.(TUGA) based?

MAPNA Turbine Engineering and Manufacturing Co.(TUGA) is headquartered in Tehran, Iran, in the Middle East region.

Who are MAPNA Turbine Engineering and Manufacturing Co.(TUGA)'s main competitors?

Broad incumbents on record are GE Vernova, Siemens Energy, Mitsubishi Power and Baker Hughes. Direct peers are Andritz AG, MAN Energy Solutions, Franco Tosi Meccanica, Elliott Group and Solar Turbines (Caterpillar). MAPNA Group (parent) is listed as an others.

Does MAPNA Turbine Engineering and Manufacturing Co.(TUGA) have an API?

No public API is recorded for MAPNA Turbine Engineering and Manufacturing Co.(TUGA).

What industry is MAPNA Turbine Engineering and Manufacturing Co.(TUGA) in?

MAPNA Turbine Engineering and Manufacturing Co.(TUGA)'s product category is Industrial Turbomachinery. Its primary akta.pro industry code is IMAHAFAA, Gas Turbines (Industrial & Utility-Scale), with a secondary code of IMAHANAF, Process Gas & High-Pressure Compressors. Its NAICS code is 333611 and its SIC code is 3510.

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