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ZF Friedrichshafen

ZF Friedrichshafen

Industry: 
Manufacturing
Value of USG Contracts: 
11
States: 
MI
Country: 
Germany
Sources: 

 

"Following the easing of economic sanctions at the beginning of this year, ZF Friedrichshafen is intensifying its business commitments in Iran. The company has opened up the ZF Pars SSK subsidiary, which will start to combine ZF’s business activities in the region. ZF is a German car parts maker headquartered in Friedrichshafen, in southwest Germany... 'The Iranian market offers a great deal of potential,' says Matthias Benz, senior vice president for corporate market at ZF. 'The new Iranian subsidiary will enable us to concentrate our existing business activities, while tapping into new business areas and acquiring new customers.' ... The initial group of around 10 employees of ZF Pars SSK will be based in the capital Tehran with the prospect of hiring additional employees as business activities expand." (Financial Tribune, “ZF Opens New Subsidiary in Iran,” 6/19/2016)

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Automotive industry supplier, specializing in engines and parts. Has presence in Iran. (Matthias Kuntzel, "Who is Who in German Trade With Iran") 

Automotive industry supplier, specializing in engines and parts. Active in Iran.