Bayer

Bayer

Industry: 
Chemicals
Symbol: 
BAYZF
States: 
PA
Country: 
Germany
Contact Information: 

alexander.rosar@bayer-ag.de (Head of Investor Relations); michael.schade.ms@bayer-ag.de (Head of Communications); bryan.iams.b@bayer.com (Head of External Communications, USA); 412-777-2000 (USA Headquarters, Pittsburgh, PA)

Sources: 

"Germany's trade ties to Iran stretch back to the Middle Ages, and many of the companies currently there have been active in Iran for decades. Some 85 German companies have operations in Iran, from chemical maker BASF AG to Deutsche Lufthansa AG and Bayer AG, and others such as Linde AG and Mercedes-Benz parent Daimler AG are active there, according to the Hamburg-based German-Iranian Chamber of Commerce. More than 7,000 companies conduct business there through local representatives. Germany has become such a big trading partner for Iran because so many of its companies provide the machinery and engineering prowess Iran needs to improve its infrastructure." (The Wall Street Journal, "German Firms Feel Pressure Over Tehran Trade," 10/3/09)