The opening of the subsidiary is not ZF's first business venture in Iran. The company set up operations in the region around 30 years ago and has also been a 16.7 percent shareholder in the joint venture S.S. Charkheshgar since the middle of the 1980s. Commercial vehicle transmissions primarily used in city buses have been produced in the Tabriz plant in northern Iran.

"ZF has already contributed toward maintaining the country's infrastructure and improving the living conditions of its population," says Benz. The business activities of this joint venture, which will continue to exist alongside the new ZF Pars SSK subsidiary, will be intensified; the production facility is also scheduled to be modernized and updated.
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