Austrian Hospitality Group Launches Joint-Venture with Iran

Published: August 22, 2016; 17:20 · (FriedlNews)

Austrian hospitality group DoN will provide catering for Iran's rail customers under a joint venture DoNA launched with a private Iranian entrepreneur Mohammad Khalaffi, Don's spokesman told APA.

Austrian Hospitality Group Launches Joint-Venture with Iran / Picture: © www.crossed-flag-pins.com

Austrian hospitality group DoN will provide catering for Iran's rail customers under a joint venture DoNA launched with a private Iranian entrepreneur Mohammad Khalaffi, Don's spokesman told APA.

The JV is the first such venture since lifting of the economic sanctions on Iran.

DoN sees enormous potential in the country and plans further expansion with revenues seen rising to up to EUR 100 million.

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