Faurecia Azin Pars Seating
"FCAES, the 50/50 Faurecia - MAAD joint-venture will develop and produce emissions control systems for the Iranian automotive market... AFISCO, the 50/50 Faurecia - Azin Khodro joint-venture for vehicle interior systems, expects its total sales to reach 50 million euros in 2020. FAPSCO, the existing Faurecia joint-venture for automotive seating, expects to grow its business to 340,000 car sets per year and total sales of 150 million euros in 2020." (Reuters, "Faurecia forms two new joint-ventures in Iran," 12/2/2016).
Listed as a French member of the Franco-Iranian Chamber of Commerce and Industry