LuAZ expands its partnership geography

Economy · 08:51 23.12.2004

On December 21, a delegation from the Iranian company "Industrial Export Development Co" (IED) led by Director General for Export Affairs Jafar Molimzadeh visited Lutsk. IED specializes in the manufacture of automobiles, buses, and agricultural machinery. The purpose of the visit was to get acquainted with the Lutsk Automobile Plant with a view to establishing cooperation in the field of mechanical engineering.

The Iranian representatives inspected the main assembly line of LuAZ and held preliminary talks with the plant's management. The Chairman of the Supervisory Board of LuAZ, Volodymyr Hunchyk, expressed hope for continued negotiations and the establishment of future contacts. The management of IED together with the management of LuAZ also met with Lutsk Mayor Anton Kryvytskyi and familiarized him with their intentions regarding plans and possible cooperation.

Both parties will determine a specific plan of intentions later, after discussing the matter with the top officials of both holdings.

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LuAZ expands its partnership geography

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