EghtesadOnline: Dismissing rumors of an imminent rise in the prices of home appliances, Chairman of Iran’s Home Appliances Association Mohammad Tahanpour said high rents and increased production costs have prompted retailers and manufacturers of home appliances to spread such fabrications and create a tense atmosphere in the market.

EghtesadOnline: Chairman of Iran’s Home Appliances Association Mohammad Tahanpour believes the main problem with local brands of home appliances is their failure to offer replacement warranty.

EghtesadOnline: Italian companies Candy and Zerowatt and Germany’s Bosch have signed joint venture agreements with Iranian companies, the head of Iran’s Household Appliances Association said.

EghtesadOnline: A top Iranian industrial official says the country is holding talks with several famous European brands of household products to establish joint production plants in Iran.