TEHRAN – The managing director of the Austria-based Unger Steel Construction Company in a meeting with Iran’s vice president said that sanctions against Iran are ineffective and Austrian companies seek to invest in Iran’s markets.

Josef Unger said that Iran is a rich country and with young manpower and has great investment opportunities.
IRNA quoted him as saying that a branch of Unger Company dubbed Unger International will be launched in Qeshm Free Zone.
Mahmoud Salahai, the vice president for the free and special economic zones affairs, welcomed the investment of Unger Company in Qeshm, saying that the two countries have great relations