Iran: €3 billion credit line by Siemens on the way
German industrial group Siemens is about to undertake financing rail and power plant projects worth 3 billion euros in Iran, a senior Iranian official says. “On a trip to Germany, we had discussions about Siemens’ participation in Iran’s railway and power plant projects,” Deputy Minister of Road and Urban Development for…
Germans are interested to set joint investment in Iran
A high ranking official with EFiS EDI Finance Service AG said German economic circles want speedy connection of Iranian Banks to SWIFT so that German companies can set joint investment with Iran. Armin Gerhardt told journals that companies like Volkswagen and Siemens are interested in Iranian Banks’ connection to Society…
Siemens urges long-term cooperation with Iran
New deal between German industrial group Siemens and Iranian power and infrastructure group Mapna can serve as a good example for economic cooperation and both sides can use each other’s experience and knowledge, said member of Managing Board of Siemens, Siegfried Russwurm. Addressing a ceremony attended by Energy Minister Hamid…
Siemens signs energy deals with Iran’s Mapna Group
German industrial group Siemens signed an energy agreement with Iranian power and infrastructure group Mapna, extending its early re-entry into the country after the lifting of sanctions. Iranian Energy Minister Hamid Chitchian and German Minister of Economic Affairs Sigmar Gabriel witnessed the ceremony. Siemens was the first major German company…
Siemens to transfer Class F turbine technology to Iran
A five-year agreement for transferring the technology of Class F turbines, as the first step toward making the expertise indigenous in Iran, will be signed in Berlin on Wednesday. According to MAPNA, one side of the technological deal, the agreement commercially known as the SGT5-4000F will be signed in the…
German giant industries heading to Tehran
A German industrial delegation will visit Tehran on Wednesday to discuss future cooperation with Iran in the wake of the arbitrary sanctions. The German delegation led by the German Minister of Foreign Affairs, Frank-Walter Steinmeier, will meet with Iranian officials of Ministry of Petroleum, according to Shana news website. Accompanying…
