This company started its business operation since 1995 in the air conditioners field with Famous brand and kept standing at the first level of Iran market for its brand qualification and its sales amount for years.
In 1997, by achieving Distribution Certificate of Famous brand “South Korea”, the company developed its business activities along with selling home appliances and Audio & Video products.
In 2003 it had a huge sales amount on Famous brand vacuum cleaners. In 2004 by signing a 5–years agreement, the company officially attained Exclusive Representation of Famous “China”. Therefore; residential and commercial air conditioner products of this brand had been added to its products.
In 2009 as the result of share holders agreement on separation, the new established Monaco Qeshm Company was founded and by gaining Exclusive Representation of Galanz “China” continued its business activities with the same staff and facilities as it had before. Monaco Qeshm has proprietary warehouses in Tehran and Ahwaz cities and Qeshm Island.
The main office is located in Tehran and the company has coordinating offices in Ahwaz and Qeshm Island.
The company sales strategy is to sign representative agreements with the main dealers in different cities.
More than 100 service centers in Iran are responsible for providing after sales services for the company products all over Iran.