Managing Director of Social Security Investment Company (SHASTA) emphasized the role of this organization in medicine exports.

Iran Press/Iran: Morteza Lotfi announced the SHASTA's plan for construction of medicine units in different countries, including Azerbaijan Republic and said this plan will be completed by the end of the year.

According to IranPress He added,The share of social security in the total export of the country was four hundred percent while  last year,the total export of the country was one billion and two hundred million dollars .

Lotfi also said, this will help to expand the export of medicines if it is to come.

Morteza Lotfi also announced the provision of new services to insured people.

Pointing out that more than 100 types of bonds will be offered to insured retired persons in different areas,Morteza Lotfi added,These shares will be awarded to applicants soon.

Lotfi also said,The social security organization covers over 41 million people of whom 4 millions are retired.

Managing Director of Social Security Investment Company added,We have also signed a memorandum of understanding with the factories for the production of household accessories, including the Pars factory.

He also said,Based on this agreement, We can  present retirement benefits to those who need household accessories.

The Social Security Investment Company (Shasta) is the necessity of the Social Security Organization’s great responsibility in Iran. SSIC was established in 1986 for the purpose of investment, contribution and attainment of interests and benefits from the reserves of Social Security Organization. 

At the present, Shasta after thirty years of experience in investment affairs and with regard to its mission as a trustee of people’s capital has made its best efforts to keep active and glorious presence in the production and services scope.

As a result, the company has based its strategies on the axis of making changes and increasing investment efficiency and utilizing from accumulated industrial experiences.

The Shasta holdings and subsidiary companies have allocated themselves a great portion of production and services in the fields of; oil, gas and petrochemical, medicine, cement, ICT, energy, mineral, metallic and nonmetallic industries.