Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by jgambino | Wed, 2010-02-03 15:18
selected project
Holcim-Iran, Business
description
Holcim Ltd., a Swiss-based cement manufacturer has cut its stake in a local Iranian partner, Espander Cement Investment Co. In 2007, Holcim acquired a 49.9 percent stake in the Tehran based company. It is unclear how much it has cut its stake.
- Country: Switzerland
- Client: Espandar Cement Investment Co. (P.J.S.)
- Contractor: Holcim Ltd.
Status
- Current Status:
- Discussion Date:
- Contract Date:
- Completion Date:
Citation
1. "Holcim Ltd. Worldwide", Holcim Ltd., accessed 3 February 2010, available at http://www.holcim.com/CORP/EN/mod/2_1/id/-14015/page/group_company.html.
2. "ABB, other Swiss firms halting Iran business", Reuters, 1 February 2010, available at http://www.reuters.com/article/idUSLDE60U0F720100131?type=marketsNews.
