Signature of agreements with Iran
January 25 2016 - 12:03PM
Italian Regulatory (Text)
DANIELI & C. OFFICINE MECCANICHE S.P.A.
33042 Buttrio (UD) via Nazionale n. 41 Fully paid-up share capital
of euro 81,304,566 Registration Number with the Register of
Companies of Udine, tax number and VAT registration number
00167460302
www.danieli.com
PRESS RELEASE
Buttrio, 25 January 2016 On the occasion of the visit to Italy of
President Hassan Rohani, the first made in Europe by the Iranian
leader after the end of the sanctions imposed on Tehran, the
Danieli Group signed agreements worth 5.7 billion euro
approximately. The agreements signed in Rome by the Chairman and
CEO of the Danieli Group, Mr. Gianpietro Benedetti, refer to a
joint venture and orders for the supply of machinery and plants to
be installed in the territory of Iran. The joint venture named
"Persian Metallics" of an estimated worth of 2 billion euro will
involve a group of international, as well as Iranian, investors.
Persian Metallics will use iron ore and energy to produce about 6
million tpy of pellets intended for feeding direct reduction plants
whose product is an excellent raw material to produce steel through
melting by electric arc furnace, which is the most environmentally
friendly and often more competitive way to make steel today. Other
agreements relating to the supply of machines and plants to produce
steel and aluminium will be signed with several Iranian companies
for a value of around 3.7 billion euro. The Plant-making division
of the Danieli Group based in Buttrio employs 10,000 people
approximately and consists of various product lines active in the
design, construction and start-up of plants for the production of
steel and non-ferrous metals, from the treatment of ore and scrap
to the melting, casting, rolling and finishing of a wide variety of
finished, flat, long, forged and tubular products. With its design
centres located in the most important industrial hubs of Europe,
the USA and Japan, Danieli produces quality machinery in its own
manufacturing plants in Italy, Germany, China, Thailand and
India.
CORPORATE CONTACTS: Investor relations: Mr. Alessandro Brussi (tel.
0432 1958763) Department of Corporate Affairs: Daniela Boz (tel.
0432 1958308) investors@danieli.it d.boz@danieli.it
DANIELI & C. OFFICINE MECCANICHE S.P.A. Via Nazionale 41 -
33042 Buttrio (Udine) Fully paid-up share capital of euro
81,304,566 Tax number, VAT registration number and registration
number with the Register of Companies of Udine n. 00167460302
00167460302 Economic/administrative registration number UD84904
Telephone +39 0432 1958111 - fax +39 0432 1958289 www.danieli.com
info@danieli.com Financial statements and publications at the
company's headquarters on the authorized storage mechanism "SDIR
& STORAGE www.emarketstorage.com and on the company's Web Site:
www.danieli.com, Investors section
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