Iran Board Electronics Company was officially established in 1990 (1369 in the Iranian calendar), although it had been operating as the representative of the German company Schlötter in the field of electroplating materials and equipment for decades prior.

During this period, the company also produced printed circuit boards for a few years, but gradually, other complementary activities in the electroplating field replaced this production.

In 2001 (1380 in the Iranian calendar), the previous management, led by the late Engineer Azari, retired and transferred the company to the current managers. At the same time, the cooperation agreement with Schlötter was renewed, with agreements made to expand activities and transfer new electroplating technologies. Additionally, the existing laboratory was equipped, the technical staff was strengthened, and the company’s infrastructure in various departments was re-established. Collaborative agreements were also made with some reputable foreign companies in the fields of science, technology, and electroplating equipment.