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>
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