EghtesadOnline: Austria’s ABL is in a joint venture with an Iranian company (unnamed) to produce fuel-efficient car engines, said Industries Minister Mohammad Reza Nematzadeh.

EghtesadOnline: The Organization for Economic Cooperation and Development should upgrade Iran’s risk classification in view of the country’s current economic situation, said the CEO of Austria’s Oberbank.

EghtesadOnline: Austrian firms have expressed readiness to participate in Iran’s energy projects.

EghtesadOnline: Austrian integrated oil and gas company, OMV, is expected to secure the development rights for an oilfield in the southern Khuzestan Province.

EghtesadOnline: Representatives of Austria’s OMV and some other leading energy companies of the country in the meeting of Iran-Austria Joint Energy Committee in Tehran on Saturday expressed their willingness to participate in Iran’s energy projects.