28630
Scania's  Interest in  Post-Sanctions Iran
Economy, Sci & Tech

Scania's Interest in Post-Sanctions Iran

Sweden’s biggest bus producer Scania AB wants to invest in Iran when economic sanctions are lifted. “We are ready,” Scania spokesman Hans-Aake Danielsson said by phone on Wednesday. “If and when it takes off, Iran can be a significant market for Scania."  Ericsson spokeswoman Karin Hallstan said in an email that the company has had customers in Iran “for over 100 years” and plans to “explore opportunities” with new ones as it monitors developments following the nuclear deal, Bloomberg writes. Hallstan said about 200 Swedish investors are in Dubai this week to learn about opportunities in the region, including Iran. "Five or six years ago, Iran was one of our five largest markets for buses," Scania’s Danielsson said. "There is a large pent-up demand, but if the sanctions are lifted it will probably take some time before it takes off." Swedish exports to Iran amounted to 7.9 billion kronor ($951 million) in 2005, according to Business Sweden. Exports fell 83% in 2012 after more sanctions were imposed, it said in a report.

 

Short URL : https://goo.gl/rxe5WF
  1. https://goo.gl/ufSaZQ
  • https://goo.gl/u7sFvA
  • https://goo.gl/QNn1Em
  • https://goo.gl/BOCgeJ
  • https://goo.gl/tOblCC

You can also read ...

Iran has specified the amount of prescription medicines...
Tehran Market: Euro and USD Keep Climbing
Foreign exchange rates were again defiant and continued to...
Iran, Iraq Private Sector Officials Meet in Tehran
The chambers of commerce of Iran and Iraq surveyed ways of...
Finnish IT Company Renews Iran Contracts
A Finnish provider of telecom information technology solutions...
Iran, UK Renew Trade Commitments
High-level trade representatives of Iran and the UK met on...
Iran Bans Tomato Exports Until Further Notice
The Ministry of Industries, Mining and Trade has banned the...
TEDPIX Crosses 170,000 Threshold
Major Iranian stock indexes vaulted to fresh records on...
Iran: Possibility of Collusion in 2 Mobile Operators’ High Prices
Unifying their pricing systems, major mobile operators MTN-...

Trending

Googleplus