European investors willing to join Iran stock market

THERAN Nov 26 (Shana)–Investors from major European countries have shown willingness to enter Iran stock market, managing-director of Iran Industrial Investment Company said.
Reza Soltanzadeh said the intention by foreign investors for entry into Iran’s stock market is unprecedented in 15 years.

He said Russian investors have voiced their readiness to inject 200 million euros into Iran’s stock market while investors from Britain, France and Germany have applied for investments above 150 million euros.

Australia and Norway have each applied for more than 100 million euros, Greece for 50 million euros and Arab countries for sums varying between 30 and 50 million euros.  

“We have received serious requests from investment funds in Russia, Britain, France, Germany, Greece, Norway, Australia and Arab countries for entry into secondary markets,” said Soltanzadeh.

By SHANA

 

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