Economy, Domestic Economy

Croatians in Arak

Croatians in ArakCroatians in Arak

A trade delegation from Croatia paid a visit to Pars Wagon Company (WPCO) in Arak, the capital city of the central province of Markazi, on Sunday, as IRNA reported on Monday. The visit was aimed at strengthening economic and trade relations in the field of railway industry by signing a memorandum of understanding on bilateral cooperation. The delegation inspected different parts of the company such as the assembly, accessories and manufacturing halls and explored the potential of the biggest railway producing company in the Middle East. The WPCO was founded in 1974 and started manufacturing different types of rolling stock in 1984. The company is located in an area of 33 hectares in industrial township of Arak.