Workers Recieve Shares

20m Shares for Workers

Over 20 million state shares have been given to workers in the past month (ended Oct. 21).
In line with transferring the shares of state firms to their own staff, Privatization Organization has ceded more than 20 million shares of production units worth 18.5 billion rials during Sept. 22-Oct.21, ISNA reported.
Of these shares, close to 750 shares worth 637 million rials and 2.6 million shares worth 5.6 billion rials have been respectively handed over to the employees of Satkab and Iranian Mines and Mining Industries Development and Renovation Organization.
Also, 18 million shares worth 12 billion rials have been ceded to the subsidiaries of Industrial Development and Renovation Organization.

I find this interesting how slowly bust surely the Iranian government is giving businesses some control over their industries.

-Meka Brooks