TEHRAN – Iran’s oil minister Javad Oji has announced the signing of a memorandum of understanding (MOU) between the oil and defense ministries for cooperation in the manufacture of high-tech oil industry equipment, Shanak said.
Oji made the announcement on his Twitter account on Sunday, saying: “The military industry is among the world’s leading technological pioneers, and these industries have developed many technologies for the first time. By signing a memorandum of understanding with the Ministry of Defense, we have used this capacity to produce the sophisticated equipment needed by the oil industry, especially in the high-tech sector. ”
Oji said domestic producers are currently supplying more than 70 percent of the equipment needed by the oil industry, adding that that number could rise to 95 percent.
Indigenization and domestic production of equipment in the oil and gas industry have always been among the goals of the Iranian Ministry of Oil. However, the issue has become more prominent since the re-establishment of US sanctions and Washington’s decision to cut ties with the Islamic Republic’s advances in world knowledge and technology, especially in the oil and gas sector.
In recent years, the ministry has been seriously supporting knowledge-based companies and startups, and in this regard, various events, exhibitions and panels have been held to promote the contribution of these companies to the country’s oil and gas industry.
How do I set up a housing cooperative?
- Form a group. It all starts with a group of enthusiastic and enthusiastic people. …
- Collect Money. You will need to cover your phone, mail and paper and raise money to sign up for the co-op. …
- Register your Cooperative. …
- Records and documentation. …
- Issuance of Loan Stock. …
- Look at the Houses. …
- Making a Business Plan. …
- Get a Mortgage.
How does owning a cooperative work? A co-operative home or “co-operative” is a type of housing option that is owned by a corporation that is not owned by its owners. Instead, each resident is a shareholder in the corporation, based in part on the relative size of the unit in which he or she lives.
How much does it cost to start a co-op?
One of the biggest start-up costs for any cooperative is the business plan. Read also : Artificial photosynthesis can produce sunless food. Hiring a third-party consultant can run anywhere from $ 5,000 to $ 50,000 depending on your business.
What is the benefit of owning a co-op?
The advantages of co-operative life One of the main attractions of co-operatives is lower expenses, as they operate at cost, i.e. they have no profit target. Many cooperatives, especially smaller ones, are run and maintained by resident shareholders, reducing costs even further.
Can you make money starting a co-op?
Starting a new co-op can create jobs, not just for you, but also for people who haven’t had a chance to own a business or earn a living. Workers ’cooperatives are part of a broader movement to create a democratic, just and responsible economy for all. And it can start with you and your colleagues.
What is the purpose of the coop?
The purpose of a cooperative is to raise awareness of the economic, cultural and social needs of the members of the organization and the surrounding community. On the same subject : 6 Professional Crafts That Are Cheap To Dispose Of. Cooperatives often have a strong commitment to their community and focus on strengthening the community in which they are or serve.
Why did cooperatives start? Employees had very little control over the quality of food or living conditions. Those who had money gained more and more power over those who did not. The first cooperatives were created as a way to protect the interests of less powerful members of society: workers, consumers, farmers and producers.
What are the 2 objectives of coop?
The goals of the partnership are: To develop cooperation, self-respect, and self-confidence among members. Purchase and production of quality goods, tools, equipment and raw materials for end customers. See the article : Alliance’s food desert creates barriers to healthy eating. Meet with the government and other similar business organizations.
What are cooperative examples?
Examples of Cooperatives Retail outlets, credit unions, service companies, insurance companies, and nurseries are examples of businesses that can benefit from a cooperative association.
What is the main objective of cooperative society in one sentence?
A cooperative society is formed for the welfare of the people. Cooperative societies are called service-oriented organizations. Maximizing profits is not the goal. Therefore, the main purpose of the Cooperative Society is to provide services to its members.
How many businesses do co-op have?
The group’s food retail business, which operates as Co-op Food, has nearly 2,600 stores nationwide and is the seventh largest retailer in the UK. These stores range from convenience stores to larger supermarkets, although most are convenience stores to medium-sized supermarkets.
How many co-op stores are there in the UK by 2020? This statistic shows the food stores owned by Co-operative Group Ltd in the UK (UK) from 2011 to 2021. .
How many co-op stores are there in the UK 2022?
How many Co-op Food locations are there in the UK by 2022? There are 3,967 Koop Food locations in the UK on 26 May 2022. The country with the most Co-op Food locations in the UK is England, with 3,207 locations, which is 80% of all Co-ops. Food locations in the UK.
Does UK have co-op?
Co-operatives is the voice of thousands of independent co-operatives in the UK. We help start cooperatives and move forward; join us for expert advice, events and training. Find out what co-op really is and how we can help.
Who owns Co-op UK?
Cooperative (cooperative) is another type of business. Our Cooperative is owned by individual members and other cooperatives, not large investors, and our members have the opportunity to tell us how we are managed. Profits mean that members receive money, prizes and offers and that a co-op can help the local community.
How many stores does co-op have 2021?
We are one of the largest consumer cooperatives in the world, owned by millions of members. We are the fifth largest grocery store in the UK with over 2,500 local, convenience and medium-sized shops.
How many co-op stores are there in the US?
We represent 148 food cooperatives operating in more than 200 stores in 38 states, totaling $ 2.4 billion in annual sales and more than $ 1.3 billion in consumer ownership. NCG provides the capability of a chain while maintaining the autonomy of each cooperative.
How many stores do co-op have?
Co-op Food is the largest division in the group, with more than 2,600 stores in its own retail stores, covering the largest geographic expansion of any grocery store. The stores mostly operate in a variety of convenience formats, with some of the larger stores in the neighborhood.
How many stores Co-op have in the UK?
We are the fifth largest grocery store in the UK with over 2,500 local, convenience and medium-sized shops. We are also: the UK’s leading funeral service provider.
Are coops worth it?
With double-digit annual earnings of such property value, it’s no surprise that co-ops have made a great investment for those who bought into them and continue to be a great opportunity for those who want to enter the market.
Are cooperatives good investments? Many say that cooperatives are not as good an investment as condominiums, and in fact, some cooperative associations have changed to condominiums over the years. As a result of the housing market breakdown, many homes are in a financial situation and are not a good investment.
Do co-ops appreciate in value?
Estimation. Market rate cooperatives do not raise the price as fast as homes. Low-income cooperatives (with lower purchase prices and reduced income) are also valued at a limited rate.
Do co-ops save money?
If you are a self-employed co-operative, reduce the overhead of renting office space by joining an office co-op. You’ll still pay the rent, but the space alone will be much less than if you rented it.
What is the benefit of owning a co-op?
The advantages of co-operative life One of the main attractions of co-operatives is lower expenses, as they operate at cost, i.e. they have no profit target. Many cooperatives, especially smaller ones, are run and maintained by resident shareholders, reducing costs even further.
Why you should not buy a co-op?
Buying a co-op can put limits on how much equity you can accumulate or how much you can accumulate in a stock. While market rate cooperatives accumulate similarly to single-family homes, limited-capital, zero-zero cooperatives limit their ability to make profits when you sell your shares.
What are the disadvantages of buying a co-op?
It usually requires a 10-20% payment. The application process is very rigorous and you need to have a pretty good credit history. It’s hard to transfer or sell your co-op shares to someone else, it’s not a good idea if you plan to ever sell or move or want to do so without any problems.
Is buying into a coop a good investment?
With double-digit annual earnings of such property value, it’s no surprise that co-ops have made a great investment for those who bought into them and continue to be a great opportunity for those who want to enter the market. For more information on the Manhattan real estate market, read the Elliman Report.
What happens when you pay off your co-op?
When you pay off the cooperative loan, the bank will return the original share and lease to you and also send you a “UCC-3 Withdrawal Statement,” which must be filed to cancel the bank’s guarantee interest on your cooperative shares.
Why shouldn’t you buy a co-op? Buying a co-op can put limits on how much equity you can accumulate or how much you can accumulate in a stock. While market rate cooperatives accumulate similarly to single-family homes, limited-capital, zero-zero cooperatives limit their ability to make profits when you sell your shares.
What happens when a coop is paid off?
When you pay off the co-op loan, the bank will return the original shares and the lease to you and also present the â € œUCC-3 Termination Certificateâ € to terminate the bank’s guarantee interest on your co-op shares. .
Do you gain equity from coop?
Do you build equity in a cooperative? Not in the strict sense, no. That’s because technically you don’t own a property when you buy a co-op, so you don’t build a home equity.
Do co-ops appreciate in value?
Estimation. Market rate cooperatives do not raise the price as fast as homes. Low-income cooperatives (with lower purchase prices and reduced income) are also valued at a limited rate.
Do you gain equity from coop?
Do you build equity in a cooperative? Not in the strict sense, no. That’s because technically you don’t own a property when you buy a co-op, so you don’t build a home equity.
Is buying into a coop a good investment?
With double-digit annual earnings of such property value, it’s no surprise that co-ops have made a great investment for those who bought into them and continue to be a great opportunity for those who want to enter the market. For more information on the Manhattan real estate market, read the Elliman Report.
Do co-ops increase in value?
This means that most co-operative units are owned, which can benefit the stability of the building. Estimation. Market rate cooperatives do not raise the price as fast as homes. Low-income cooperatives (with lower purchase prices and reduced income) are also valued at a limited rate.
