Privatization Tally Reaches $30 Million
Economy, Domestic Economy

Privatization Tally Reaches $30 Million

Iranian Privatization Organization has brokered the sales of over 1.17 trillion rials ($30 million) worth of public companies’ shares since the start of the current fiscal year (March 21) to date, SENA cited IPO’s news portal as reporting.
The organization has listed 337 public companies for their shares to be sold this year, out of which the ownership of 230 public entities will be fully transferred to private owners, the report added.
The remaining 107 public enterprises will see 80% of their shares transferred while 20% will remain in state control.


Short URL : https://goo.gl/Pkgrx9
  1. https://goo.gl/wr9sgQ
  • https://goo.gl/w7zpbc
  • https://goo.gl/i968wR
  • https://goo.gl/kyngQv
  • https://goo.gl/TBHAo2

You can also read ...

Iran Receives First Round of Post-Sanctions Finance From European Banks
In what were the first finance deals clinched with cautious...
Indian Bank to Extend $150m for Chabahar Development
Iran is expected “very soon” to approach India’s Exim Bank...
TEDPIX soared by 3,459 points or 4.2% during the sixth month of the year–the highest monthly rise recorded so far this year.
Tehran Stock Exchange’s primary index TEDPIX gained 8,346.3...
Gold Coin Hits 3-Week Low
Gold coin prices are modestly down and hit a three-week low in...
Roads and Urban Development Minister Abbas Akhoundi has...
68% of Non-Oil Exports Headed to 5 Countries
China, Iraq, the UAE, South Korea and India imported 68.7% of...
Flat Steel Import Market Cools as Domestic Prices Drop
Import prices for flat steel materials cooled down in Iran in...
51.5% Rise in University Graduates
The findings of the most recent National Population and...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.