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Company in Iran’s North Khorasan province earns profit worth $320,000

Business Materials 2 January 2019 11:47 (UTC +04:00)

Baku, Azerbaijan, Jan. 2

By Elnur Baghishov - Trend:

The Azin Forc Company in Iran’s Esfarayen County of the North Khorasan province has managed to prevent the outflow of $320,000 from the country in the sphere of production of industrial spare parts, the company’s Executive Director Farajallah Alizadeh said in an interview with ISNA, Trend reports.

He said that the company can produce up to 20,000 tons of industrial spare parts annually.

He added that the alloys produced in the company can compete with their foreign analogues.

“The company has managed to meet the needs of the oil refining industry, power plants, petrochemical and gas industries,” he said. “The company has also succeeded in producing quality steel pipes.”

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