Public joint-stock company Azovobschemash (Mariupol, Donetsk region), the flagship company of the leader of Ukrainian heavy engineering Azovmash Group, will ship 3,000 wagons to Iran, the Ukrainian Embassy in Iran informed.
“This is only a first agreement to supply Azovobschemash’s products to Iran. The total need of Iranian state-run companies Pars Wagon and Kors Wagon exceeds 35,000 wagons, gondola cars and tank wagons. Thus, the total potential of Azovobschemash’s cooperation with Iranian enterprises is over EUR 1 billion,” the embassy said.
In July 2016, Ukraine’s Infrastructure Ministry and Infrastructure Ministry and Roads and Urban Development Ministry of Iran signed a Memorandum of Understanding.
Iran has invited Ukraine to build 1,000 kilometers of railways in Iran and participate in projects worth USD 10 billion provided by Tehran for the modernization of railway infrastructure and development of intermodal transport.
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