Amin hosted a joint meeting with top tier business delegation from Germany

2015/09/08
Amin hosted a joint meeting with top tier business delegation from Germany headed by Minister of Economy of Baden-Württemberg state


Amin hosted a joint meeting with top tier business delegation from Germany headed by Minister of Economy of Baden-Württemberg state

In coordination with the Chamber of Commerce of Iran and Germany, a group of German business delegation participated in a joint discussion meeting with Amin Group senior executives to find out more on Iranian economy potentials, foreign investment opportunities and risk hedging strategies in emerging markets like Iran. A group of 67 German business owners active in Industrial sector showed interest to know a detailed background on Iranian capital market and investment strategies advised by local consultants that were in the market for a long time.

Dr. Mo. Nikjoo, head of M&A group highlighted unique fundamental components that Iranian economy is offering at this moment.  He emphasized the role of local advisor in large markets like Iran can complement a secure investment strategy in the long run.

Moreover the English platform of financial data services on Iranian financial markets has been demonstrated by Noavaran Amin Data Processing Company, the financial data service arm of Amin Investment Bank.  The presentation highlighted the online facility of the financial platform enabling foreign investors to have a direct and live access to all financial statements of Iranian listed companies, industries’ performance and other asset class markets.

The Business delegation came from a diverse background from Auto, Pharmaceutical, Aviation, Oil & Gas, and Architecture to Environment & Biotechnology and Biomedical Engineering industries.

 

Nils Schmid, the deputy minister-president and minister of finance and economics of Germany’s Baden-Württemberg State, who was on the head of this mission, said that “the volume of trade between Iran and Germany stands at $1 billion. Based on plans, this will increase by two folds in the near future and by four folds at a later stage”

He said that German companies are interested in Iran’s water consumption efficiency projects as well as energy efficiency schemes.  Schmid is heading a major delegation of Baden-Württemberg businesspeople for a multiple-day visit to explore the opportunities to invest in Iran’s energy projects as well as other sectors.  “The German companies need to choose Iranian partners for the new round of their investments in Iran [after the removal of the sanctions],” he said. 
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