LEAX Group

"Swedish mechanical components and sub-systems manufacturer Leax Group says it is eyeing Iran for potential major new business. Leax Group says the decision to approach the Iranian market was adopted after a recent visit to the country by its top directors that was organized by Scandinavian automotive supplier association, FKG. 'Iran used to be a very good market for Volvo and Scania and we are a major supplier to the truck industry,' Leax Group President and CEO Roger Berggren told Just Auto news website... Leax chief said he had several business meetings with local players such as Iran Khodro Industrial Group (IKCO) and SAIPA during his stay in Tehran. 'We [also] met some tractor manufacturers and we can see the technology level is at least ten years behind - they want new technology,' said Berggren." (Press TV, "Sweden’s Leax eyeing Iran’s auto market," 10/17/15)  (http://t.uani.com/1OPi8GE)