In May, Managing Director Mr von Bismarck of Terrot Group, leading manufacturer of electronically and mechanically controlled circular knitting machines travelled to Iran together with other Saxon entrepreneurs and guided by the Saxon Minister of Economic Affairs, Labour and Transport Martin Dulig, the delegation was looking for new business contacts and sales opportunities in the country. First contracts have been signed and the company’s activities have been successful as well, according to the manufacturer.

Terrot Group reached its first agreement with an Iranian textile manufacturer on the purchase of five new circular knitting machines. This contract encompasses approximately EUR 220,000. The machines are to be delivered in the following months.

According to Saxon State Minister of Economy, this positive start by Terrot helps Saxon business in general to gain foothold on the Iranian market.

Innovations have a long tradition at Terrot, it develops and produces innovative products at the manufacturing site in Chemnitz. Their goal in the sector of Research and Development is to seize current market trends and to realize them as innovative products.

Quality, a maximum degree of efficiency and a high cost-performance-ratio are always in the foreground at the development and the engineering of their machines. Their advantage through experience, technical know-how, expertise and commitment is shown by their everyday performance. With around 50 global cooperating representatives, own subsidiaries and service centres.