Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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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.  

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.

All projects by Holcim Ltd.