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Gas Souzan Ind. & Mfg. Company

The Iranian industrial holding Gas Souzan Ind. & Mfg. Company and Novgorod-based Splav engineering corporation are discussing the possibility of increasing the supply of gas equipment to the Russian market through the creation of a joint production venture in Russia. Annual sales could reach RUB 500 million (around $8 million), a spokesperson for the Russian company said today.

“Sales of products manufactured by the joint venture are expected to reach approximately RUB 300-500 million a year,” a spokesperson for Splav said following three days of talks in Veliky Novgorod.

“Given the production capacities of the two companies, the project has great potential and will benefit the Novgorod labour market and the region’s budget.”

Gas Souzan is a leading manufacturer of gas equipment in Iran and one of the world’s largest producers of equipment for gas-distribution systems. Specifically, it manufactures measuring instruments for the oil, gas and chemical industries, as well as pipe fittings. The company operates three production sites with 1500 workers.

Splav is a Russian full-cycle manufacturer of pipe fittings with proprietary production and R&D facilities in Staraya Russa and Veliky Novgorod.

04 August 2015
ITAR TASS
Investor
Novgorod region

Investor profile

Gas Souzan Ind. & Mfg. Company

Iran

Company's website: gas-souzan.com

T: (+98 331) 2446060 

Private company

Gas Souzan is a leading manufacturer of gas equipment in Iran and one of the world’s largest producers of equipment for gas-distribution systems. Specifically, it manufactures measuring instruments for the oil, gas and chemical industries, as well as pipe fittings. The company operates three production sites with 1500 workers.

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