65503
Swedish Firm Invests in Iran Accessibility Products
Economy, Business And Markets

Swedish Firm Invests in Iran Accessibility Products

A Swedish firm, MentMed AB, has signed a memorandum of understanding with Iranian medical firm Kian Tajhiz Mehr Afarin to develop accessibility products for the elderly and disabled in Iran. The deal is potentially worth over $1 million, with further investment likely within the next five years, the Financial Tribune learned. KTMA, which produces occupational therapy devices for the domestic market, Persian Gulf countries and the Commonwealth of Independent States region, has expanded in recent years to now offer bedroom and bathroom equipment as part of their drive to deal with the ever-increasing elderly demographic. Anna Russberg, director of MentMed AB, said she chose to work with KTMA to help expand its distribution internationally and serve the local community. "The firm is trying to help people by providing high-quality products to enhance people's life and make hospitals safe for patients with reduced mobility," she said. There are 6.4 million elderly in Iran and their number is expected to rise steeply in the next two decades, as life expectancy improves. Currently, healthcare spending on the elderly is nine times the national average spent on medical costs, Iranian Insurance Organization said.

 

Short URL : https://goo.gl/AzhEUL
  1. https://goo.gl/pZiSjb
  • https://goo.gl/WGLCSH
  • https://goo.gl/FsLiQ0
  • https://goo.gl/4SRt4D
  • https://goo.gl/05rBOr

You can also read ...

Oman Eyes Iran Market Amid Rising Imports
Ithraa, Oman’s inward investment and export promotion agency,...
Iran Missing Advantages of Foreign Banks’ Presence
Tehran Chamber of Commerce, Industries, Mines and Agriculture...
Luxgen’s S3 is a 5-seater subcompact sedan equipped with a 1.6-liter, 116 hp gasoline engine.
Local company Arman Motor Kavir is set to unveil two imported...
Iran Exim Bank Tapping NDFI Resources
Export Development Bank of Iran–the country's exim bank–is to...
Billet and bloom shipments made up the bulk of exports, reaching 1.78 million tons, up 28% year-on-year.
Iran’s semi-finished steel exports during the first seven...
Transport MoU With South Korea
Iran and South Korea have signed a memorandum of understanding...
Roadmaps for SSO Recovery
The research arm of the Iranian Parliament has conducted a...
Local producers have often called  on the government to increase import tariffs on tires.
In order to “protect domestic production”, the Industries...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus