Friday, September 30th | 27 Elul 5776

Close

Be in the know!

Get our exclusive daily news briefing.

Subscribe
January 5, 2013 11:00 am
0

Tighter Sanctions Impact Iran Business Sectors

avatar by News Editor

Email a copy of "Tighter Sanctions Impact Iran Business Sectors" to a friend

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.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner

Algemeiner.com