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Iranian state companies to be privatised

Posted: 2. November 2016 at 16:26   /   by   /   comments (0)

Iranian state companies will be transferred into the private sector by the end of the Iranian year, namely the 20th of March 2017. The Managing Director of the Iranian Privatization Organization (IPO), Abdollah Pouri-Hosseini, said that 250 to 300 companies will be privatised by auctioning their shares.

This year, 120 companies have already been privatised and state shares worth about 160 million dollar have been transferred to the private sector. The IPO was founded 15 years ago and has since then privatised more than 1.000 state-run companies.

Quelle:; Foto: / Mahdi Hajivand