ROME: Finmeccanica's engineering unit Fata has signed a 500 million euro ($543 million) contract with Iran's Ghadir to build a power plant in the Asian country, a spokesman for the Italian defense group said on Wednesday.

Italian Foreign Minister Paolo Gentiloni held talks with officials in Tehran on Tuesday, the latest in a series of European officials seeking closer trade ties with Iran after its nuclear deal with world powers.

By The Economic Times