Iran’s Oldest Home Appliance Producer Reopens After Five Years

Arj Home Appliances Company has reopened after five years after 2 trillion rials ($7.6 million) were invested to get it back on its feet mainly by Social Security Investment Company, according to CEO of Tamin General Industrial Holding Company, affiliated with SSIC.
“Plans are for Arj to manufacture 228,000 items of household appliances within the next four years. The manufacturing methods will be SKD [semi-knocked-down kit] and CKD [complete knocked-down kit]). The company is also looking to become self-sufficient in producing 60% of the required parts,” Mohsen Mohammadi was quoted as saying by IRNA.
The reopening of Arj, according to the official, will create around 800 direct and more than 2,500 indirect jobs.