IFP Exclusive

Major Iran Sugar Company Returned to Public Sector

A court in Iran has issued a verdict, cancelling a previous agreement under which Iran’s Haft Tappeh Sugar Company would be sold to the private sector.

The IRIB has quoted Iran’s Judiciary as announcing the return of the company to the public sector. The private sector however said it has not been served the ruling yet. A picture of the verdict, effective immediately, showed the date February 2021. According to the ruling, from the date of issuance thereof, the Iranian government will be responsible for production at Haft Tappeh Sugar Factory and also for payment of personnel salaries.

The company, located in the southern province of Khuzestan, was founded in 1975 to produce sugarcane and related products.

The transfer of the sugar mill to the private sector in 2015 triggered protests and strike by its workers, and its return to the public sector is seen as a victory for them. Following the transfer to the private sector, the workers faced delays in payment of their salaries, which made them angry.

There are also conflicting reports about the arrest of the company’s CEO Omid Asadbeigi. After protests happened at the factory, then Judiciary Chief Ebhraim Raeisi [now Iran’s president] visited the site of the factory and promised the personnel to redress their grievances.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Iran’s Expediency Council to review CFT, Palermo Conventions separately from FATF

The spokesperson for Iran’s Expediency Council announced that the decision to review the CFT (Combating…

4 hours ago

FM Araghchi: Iran to respond to Trump’s letter soon

Iranian Foreign Minister Seyyed Abbas Araghchi announced that Tehran will respond to U.S. President Donald…

5 hours ago

Houthis announce missile launch at Israel’s Ben Gurion airport

The Houthis have launched a hypersonic missile at Israel’s Ben Gurion airport, after the Israeli…

5 hours ago

Iran’s President Promises economic reforms in Nowruz address

Iran’s President Masoud Pezeshkian has promised to find a way to tackle inflation. He stated…

5 hours ago

Health Ministry confirms over 700 Palestinians killed in Israeli attacks in Gaza since Tuesday

More than 700 Palestinians have been killed in Israeli air attacks in the Gaza Strip…

5 hours ago

Iran’s Leader urges investments for production in New Year message

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has felicitated the nation on the…

8 hours ago