Siemens to Resume Transformer Supply to Iran

Germany’s Siemens plans to resume providing power transformers to Iran

Siemens to Resume Transformer Supply to Iran: Germany’s Siemens plans to resume providing power transformers to Iran, the commercial director of its licensed production company says, attributing the development to Iran’s nuclear deal with six world powers.

“Thanks to the entry into force of the JCPOA (the official acronym for the nuclear agreement), representatives of Germany’s Siemens travelled to Iran to set up joint company for bilateral cooperation,” Hadi Golbayani said.

“Given the need for communications with Siemens, [international] sanctions inflicted heavy damage on our company (which was established 50 years ago under Siemens license),” he added.

Golbayani said communication with abroad was needed mainly for the purchase of raw materials, acquisition of technology and export of products.

He said his company buys raw materials from Germany, Sweden and India, which became impossible under sanctions.

“The sanctions had dramatically increased the cost of transfer of raw materials and money transfer for this company, but today thanks to the JCPOA (Joint Comprehensive Plan of Actions) we can easily buy raw materials from overseas,” said Golbayani.

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Bringing the energy safely to the consumer: A basic requirement applicable to all Power Transformers. However, every single one is unique – designed according to individual factors such as voltage, power, climate, system topography, sound level and many more. Siemens is your partner, who picks up these requirements converting them into convincing solutions with maximum quality. Power Transformers that render their service reliably at site. Cost-efficient and safe throughout decades.

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Siemens to Resume Transformer Supply to Iran
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