European companies to organize household appliances production in Iran
Date: 15:21, 26-04-2017.
Almaty. April 26. Silkroadnews – European companies plan to organize household appliances production in Iran, the Iranian Telegraph Agency (IrTAG) reports.
“Italian “Candy” and “Zerowatt”, as well as German “Bosch”, signed agreements with Iranian companies to establish joint ventures”, the report said.
Also, German “Bosch” and the Iranian industrial group “Butane” signed a partnership agreement, saying 30% of these brands products to be sold in the local market with other 70% exported.
The South Korean company Samsung, as reported, shared its technology to Iran. As Samsung does not have production facilities in the Middle East, Iran can become a regional center for this company household appliances.
