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Azerbaijan Iran

IKCO to establish production facilities in Baku

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-....

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