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Al Bawaba
December 15th, 2004 - 02:56 GMT

Despite crisis: Iran refuses to sell shares in Thyssenkrupp

Tehran has pledged to fight against a decision by the German steel group Thyssenkrupp to remove Iran's representative from its supervisory board. Press reports indicated Friday that the conglomerate had bowed to American pressure and removed a representative of the state-owned Iranian investment group IFIC from Thyssenkrupp board. IFIC Head Ahmad Rahgozar noted that Iran would not relinquish the seat, and would instead protest the decision at the meeting of ...
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