Establishment of Joint Venture Riseco-Cruise and Ferosia for the production of automotive anti- pollution systems.

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With the sign of contract between Iranian and French Automotive companies between the two countries in spare parts production between Riseco-Cruise and Ferosia.

As reported by “Asre Khodro” News base, this contract was entered into between Forchia France and Riseco-Cruise, Iran, with the aim of technology transfer and know-how and also placing Iranian Part manufacturers in the global chain of automotive part supply.

Both parties shall produce the most advanced parts and the Iranian automotive industry shall produce parts with the least pollutions.