# Siemens to build power equipment factory in Parand, Iran

Siemens signed a preliminary deal to build a plant in Parand, Iran, for manufacturing power equipment such as transformers under Siemens license. The final contract is expected within two months.

- Type: New facility
- Announced: 2017-03-04
- Where: Parand, about 65 km southwest of Tehran, Iran
- Status: announced
- Products: transformers, power equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md)

## Sources

- [theiranproject.com](https://www.theiranproject.com/en/news/253462/siemens-to-build-new-power-equipment-factory-in-iran), 2017-03-04: "A preliminary deal has been signed with German engineering giant Siemens to manufacture equipment for the electricity industry"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.