Tag Archives | Romania

Renault’s Iran Sales up 49%

By John Lee. France’s Renault has reported that its vehicle sales in Iran rose 49.3 percent in 2017. With sales of 162,079 units for the year, the company claims a market share of 10.8 percent (up 2.4 percentage points), on the back of the success of the Tondar and Sandero models. The figures include sales […]

Iran, Romania Football Federations Ink MoU

The Iranian and Romanian football federations signed a memorandum of understanding (MoU) as part of efforts to boost cooperation between the two countries. The MoU was signed on Thursday at the headquarters of Iran Football Federation in Tehran, the capital of Iran. The signing saw the participation of Iranian Football Federation president, Mehdi Taj, and […]

Iran, Romania sign $700m Energy Deal

By John Lee. Iranian Foreign Minister Mohammad Javad Zarif has signed an agreement with Romania to build a 1,000-megawatt power station near the Iraqi border. The project signed between Pichak Sanat Ilam Company of Iran and the Romanian side calls for investment of up $700 million, 70 percent of which will be sourced by the […]

Romania to Allocate €2 for Joint Projects in Iran

Romania’s Agriculture Minister Achim Irimescu said his country plans to allocate 2 million euros for implementation of joint projects with Iran. “Development of cooperation between the two countries in the field of agriculture can establish a link (between Tehran and Bucharest) for exporting Iran’s agricultural products to Romania and the European Union (EU)”, Irimescu said […]

OMV Resumes Purchasing Iranian Crude

By John Lee. Austria’s OMV is reported to have received the first consignment of crude oil from Iran in several years after sanctions were imposed on the country. OMV received 1 million barrels of crude oil from Iran in a spot delivery at the Italian port of Trieste.  The cargo will be further send to […]

Over 200 Foreign Investors Active in Iran Capital Market

The number of foreign shareholders in the capital market of Iran is now more than 200, the Managing Director of the Central Securities Depository of Iran (CSDI) has said. Last month 9 natural shareholders from Romania, Russia, South Africa, Italy, Britain (2 people), Kuwait, Pakistan, and Afghanistan received their codes to be active in the […]

Iran gives 30-day visas at airports

By John Lee. Iran is to start issuing 30-day visas for tourists from 58 countries upon arrival at its airports. The Persian-language newspaper Donya-ye Eqtesad says the visas can be extended by 15 more days. Foreign tourists could previously get 14-day visas at Iran’s airports and their visas could not be extended. Eligible countries are: […]