Tighter Sanctions Impact Iran Business Sectors

Iran and weapons of mass destruction.

WSJ – A manager of Bam Shargh Isogam, an Iranian manufacturer of insulation sheets for rooftops, saw trouble ahead when a government official offered advice for surviving the crippling international sanctions: Reduce quality and cut back production.

The manufacturer in Delijan, three hours south of Tehran, replaced the high-quality material imported from Europe with domestic material, dismissed more than half its 350 employees, and didn’t pay the remaining workers for four months, managers said.

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Source Article from http://www.algemeiner.com/2013/01/05/tighter-sanctions-impact-iran-business-sectors/

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Tighter Sanctions Impact Iran Business Sectors

Iran and weapons of mass destruction.

WSJ – A manager of Bam Shargh Isogam, an Iranian manufacturer of insulation sheets for rooftops, saw trouble ahead when a government official offered advice for surviving the crippling international sanctions: Reduce quality and cut back production.

The manufacturer in Delijan, three hours south of Tehran, replaced the high-quality material imported from Europe with domestic material, dismissed more than half its 350 employees, and didn’t pay the remaining workers for four months, managers said.

Read full story.

Source Article from http://www.algemeiner.com/2013/01/05/tighter-sanctions-impact-iran-business-sectors/

Views: 0

You can leave a response, or trackback from your own site.

Leave a Reply

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