Early History of Shekoufa Formation

Early History of Shekoufa Formation

1996: As the youngest member of the Iranian Chamber of Commerce, Mojtaba Shekofteh began doing business at the age of 21 in 1996.

1997-2001: Mojtaba Shekofteh established an investment company named “Samin Investment Co., (Private JSC.)” together with his business partner Abdolazim Sadeghzadeh in 1997.

1997: In Samin Investment Co., Mojtaba Shekofteh and Abdolazim Sadeghzadeh formed Gostareh Engineering Inspection (GEI) a private joint stock company specialized in original engineering inspection services. As a certification issuing body approved by the Institute of Standards & Industrial Research of Iran as well as Turkmen Standard (State Standard Organization of Turkmenistan), the GEI was issuing standard certificate for foreign companies exporting goods to Turkmenistan.

1998-2003: Gostareh Engineering Inspection Company (GEI) on behalf of SOEX the largest Independent Inspection and Certification Company in Russia, provided on the one hand the Iranian companies with engineering inspection services and access to the Russian Federation markets and on the other hand Russian companies to Iran’s markets.

1998-2003: Gostareh Engineering Inspection Company (GEI) on behalf of SOEX the largest Independent Inspection and Certification Company in Russia, provided on the one hand the Iranian companies with engineering inspection services and access to the Russian Federation markets and on the other hand Russian companies to Iran’s markets.

2003-2010: Mojtaba Shekofteh together with his business partner, Abdolazim Sadeghzadeh opened the first Shekoufa Clothing store on 2003 in Mashhad. With 17 stores nationwide, their business expanded throughout Iran. After 7 years of successful business in clothing retailing, the Shekoufa Clothing was dissolved in 2010 following the foreign currencies crisis in Iran when the shortage of foreign currencies made the import of clothing impossible.

2010: After 14 years of fruitful cooperation in business and industry, In 2010, Mojtaba Shekofteh along with Abdolazim Sadeghzadeh formed Shekoufa Investment Co., Ltd., a conglomerate compromising multiple different companies, a diversified company with businesses including export management and financial services, , manufacturing, real estate and infrastructure, engineering contracting, and other businesses in Iran and overseas.