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600 Iranian Industrial SMEs Revived Since March

600 Iranian Industrial SMEs Revived Since March
600 Iranian Industrial SMEs Revived Since March

Some 600 small- and medium-sized industrial enterprises have been revived in Iran’s industrial parks since the beginning of the current fiscal year (March 21), a deputy industries minister said.
“About 44,000 industrial and production units are operating in Iran’s industrial parks, having created close to 900,000 direct jobs,” IRIB News also quoted Mohsen Salehinia as saying.
He noted that 10,000 (22.72) of the total number of units in the industrial parks are facing recession.
“Ninety-three percent of industrial and production units are considered small, 4% medium and 3% large enterprises. They have generated jobs for a total of 880,000 people,” he was earlier quoted as saying by Mehr News Agency.
By definition, enterprises run by 100 workers or less, and 50 workers or less are considered medium- and small-sized businesses respectively, according to Iran’s Small Industries and Industrial Parks Organization.

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