82248
Iran Privatization Organization listed 337 public companies for their shares to be transferred in the ongoing fiscal year.
Iran Privatization Organization listed 337 public companies for their shares to be transferred in the ongoing fiscal year.
Wednesday, February 21, 2018

6 Major Iranian Public Firms to Be Privatized

Most of the assets are underperforming and financially struggling
The government sold 4.54 trillion rials ($98.27 million) worth of public companies’ shares to the private sector in the first 10 months of the current Iranian year (March 21-Jan. 20)
Wednesday, February 21, 2018

6 Major Iranian Public Firms to Be Privatized

Iranian Privatization Organization is scheduled to transfer the shares of six public companies to the private sector in the current Iranian month (started Feb. 20).
The companies include Iran Aluminum Company, Esfahan Steel Company, Ahwaz Rolling and Pipe Mills Company and Amin Reinsurance, as well as Alborz and Asia insurance companies. Their shares will be put up for sale on the equity market and offered via tenders.
Most of the assets are underperforming and financially struggling.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/z2e8Q9
02/21/2018
  1. https://goo.gl/Awx8Du
  • https://goo.gl/72h66T
  • https://goo.gl/8f5do2
  • https://goo.gl/SuKfJM
  • https://goo.gl/R3aojF

You can also read ...

UK Firm: Progress Made With Iran Airport Contract
UK-based security solutions supplier Westminster Group said it...
The looming crisis in the emerging markets, set off by the run on the Turkish lira, has had a more direct impact on the Iranian rial than anything the US has claimed.
Since the beginning of the fiscal 2018-19, the Iranian rial...
Yu Chang Hwang (L) and Mohammad Reza Bakhtiari
South Korea’s new ambassador to Iran, Yu Chang Hwang, said...
Without Waivers, US Sanctions on Iran Will Cripple Iraq
Iraqi officials, struggling to form a new government months...
CBI: Currency Inflow Growing Steadily
Governor of the Central Bank of Iran said on Saturday that...
Support for  Forex Measures
The head of Competition Council welcomed efforts made by the...
Uber in Talks to Buy Food-Delivery Company
Uber Technologies Inc. is in early talks to buy food-delivery...
Aston Martin Aims to Steer  Around Brexit to $6.7b IPO
Luxury British carmaker maker Aston Martin is seeking a price...

Add new comment

Trending

Googleplus