04
Oct
10:13
Renault expands in Iran with new JV
Renault announced during the Paris Motor Show that an agreement has been signed for the creation of a joint venture with the Industrial Development & Renovation Organization of Iran (IDRO). Renault will be the majority shareholder, Kallanish notes.
The joint venture will include an engineering and purchasing centre that will support local suppliers, as well as a plant with an initial production capacity of 150,000 vehicles per year. This will be added to Gro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous