Chairman of the Federal Association for Economic Development and Foreign Trade (BWA) said that German companies were ready to work with Iranian automakers to improve quality and throughput. In a meeting with officials of Irans ministry of industry, mine and trade on Thursday, Michael Schumann said that German companies were fully prepared to expand ...

A senior Iranian official says German companies seek to invest billions of dollars in Irans petrochemical sector following the lifting of anti-Iran sanctions. Managing Director of the National Petrochemical Company (NPC) Abbas Sheri Moqaddam said Monday that a couple of German firms have already announced their readiness to invest 12 billion euros ...