Barez Industrial Group Raises Radial Tyre Prices 21% on Average, Citing Costs Up More Than 55%

Barez Industrial Group (ticker BARZ) said in a Group A disclosure published on Codal on Monday, October 19, 2026 (27 Mehr 1405) that its selling prices for radial tyres rose by an average of 21 percent from 19 October. The company received permission for the increase on 18 October from the "relevant authorities". It attributed the move to a rise of more than 55 percent in the cost of production inputs, including raw materials, wages and the inflationary effect of other costs under sanctions. The filing says radial tyres made up 64 percent of the company's revenue in the previous fiscal year, so the group's pricing bears directly on revenue and margins. The old and new price figures are printed in the form without a unit and are not quoted here.