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EghtesadOnline: The Industrial Development and Renovation Organization of Iran has signed a memorandum of understanding with the most experienced German company in organizing trade fairs, IMAG.

Exchanging trade delegations, holding joint exhibitions and conferences on various industrial fields as well as convening technical forums on railroad, automobile, industrial renovation, renewable energies, technological achievements and updating know-how of managers are among the clauses agreed with the German company, IRNA reported on Saturday.

IMAG, a subsidiary of Messe Munchen International, organizes trade fairs and fair participations worldwide. These include own events as well as events for private customers and public authorities. Since its foundation in 1946, IMAG has organized some 5,000 trade fairs, fair participations, exhibitions and other events.

Established in 1967, IDRO has evolved into one of the largest Asian conglomerates. The organization’s objective is to develop Iran’s industrial sector, accelerate the industrialization process in the country and help export Iranian products. It owns more than 100 subsidiaries and affiliated companies that are domestically and internationally active, according to Financial Tribune.


MoU Iran Germany IDRO IMAG Industrial Development and Renovation Organization trade fairs