IKCO to establish production facilities in Baku   [ Azerbaijan ] [ Iran ]

Iran Khodro (IKCO) announced on August 7 that it will establish a new production plant in Baku, Azerbaijan to assemble Dena, Runna, Samand, and Soren models.Financed by a USD 14 million Azeri investment, construction and installation of equipment is expected to be finished by the first half of 2017.Located on a 10-hectare site, the new plant will produce 10,000 vehicles annually, working on a s...
<Aug 12, 2016>