Germany

"Since the 2015 nuclear deal, high-end fashion brands such as Escada and Roberto Cavalli have opened shops in Iran, but not everyone can afford Western prices for original designer …" (November 16, 2017)

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"To date Spanish clothing retailer Mango, Italian fashion boutique Benetton, and luxury women's designer Escada, are among the very few Western companies to open shops in Iran." (BBC News, "Why a luxury-shopping revolution is coming to Iran," 6/26/15)

"Germany's TUI Group, the largest leisure, travel and tourism company in the world, is interested in investment in Iran which is being billed as the most lucrative hospitality development market. Preliminary negotiations have been held for the multinational tour operator to enter Iran and make investments, minister of economic affairs, labor and transport for the federal state of Lower Saxony Olaf Lies told Press TV. He is leading a delegation of 100 German politicians and traders on a four-day visit to Iran in what he described as a 'big event' at a press meeting in Tehran Tuesday." (Press TV, "World’s biggest tour group investing in Iran," 10/7/15)

"Matthias Uhl, managing director of Riedhammer GmbH, a maker of industrial furnaces in Bavaria, said that his firm was once again exploring possible contracts in Iran, which used to be one of the firm’s top 15 markets. Under the sanctions regime, the company was restricted to supplying spare parts for existing furnaces, a negligible source of business. Earlier this year, a Riedhammer sales executive visited Tehran and checked in with former customers. 'The old connections are still working, I have to say,' said Mr. Uhl. 'They are just waiting for us to come and begin again.' Not all the news was good: In the intervening years Chinese suppliers have begun selling industrial furnaces to Iran at lower prices. But overall Mr. Uhl sounded optimistic. The visit by Mr. Gabriel was 'a clear political signal that now we want to go forward together again and find solutions for the open problems that we have.'" (Globe and Mail, "Europe’s business leaders look to make Iranian in-roads following nuclear deal," 7/22/15)

"An early market voyage organized by Volker Klosowski through his local business partners showed the potential that exists in Iran through many direct discussions in the market (with market participants, commercial agents and customers, as well as visits to production facilities). "Volker Klosowski has brought us together quickly and competently with the top decision makers relevant to our industry. As part of the excellently organized market exploration trip, I had a deep insight into the typical Iranian business culture and gained a solid overview of the local technology standard ", says Dipl. Ing. Christian Piel, Commercial Director Tiefenbach Control Systems." 

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Tiefenbach Control Systems GmbH reportedly participating in the Iran Mines & Mining Industries Summit, being held in Tehran May 31-June 1, 2015. (IMIS Website, “List of companies participating in IMIS”)

According to its website, AKW Apparate has a representative in Iran. (8/21/2019)

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AKW Apparate + Verfahren GmbH reportedly participating in the Iran Mines & Mining Industries Summit, being held in Tehran May 31-June 1, 2015. (IMIS Website, “List of companies participating in IMIS”)

"Holiday airline Germania collapsed on Tuesday and canceled all flights immediately, the latest to succumb to turbulence in the European airline industry as it failed to secure financing to navigate a short-term cash squeeze....The carrier’s 37 aircraft mainly flew German sun-seekers to more than 60 destinations in Europe, North Africa and the Middle East. The Berlin-based company, founded in 1986, also offered flights to less conventional destinations including Iran, Iraq and Armenia." (Reuters, 2/5/2019).

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"A direct Tehran-Berlin flight re-launched after 10 years during a ceremony attended by Iran's Ambassador to Germany Ali Majedi at Berlin's Schoenefeld Airport, Iran's official IRNA news agency reported Feb. 23. German company Germania Airlines, which has signed an agreement with Iran's Civil Aviation Organization to launch five weekly flights to Iran from Germany, inaugurated its first direct-flight from Berlin to Tehran on the evening of Feb. 22. Majedi said that re-launching direct flights between Iran and Germany capitals is an important development, adding there has been growing demand for flights between the two countries as a result of the expansion of German-Iranian economic ties. Germania Airlines is going to conduct two weekly flights from Berlin to Tehran and two from Dusseldorf to Tehran as well as one flight per week from Hamburg to Mashhad." (Trend, "German airline launches Tehran-Berlin direct flight," 2/23/15)

"The Second Iranian Auto Industry International Conference 2014, held in Tehran on December 1, was attended by representatives of over 30 countries' automobile and auto spare parts production companies and ambassadors of 17 states to Iran... Some of the foreign managers, experts and officials present at the confab included... Managing Director of Obermeyer Holding Gmbh Maximilian Grauvogl..."  (Mehr News, "Pakistan Resumes Crude Oil Import from Iran," 12/10/14)

"Several major companies such as Siemens had been forced to reduce their activities in Iran due to the sanctions. Other companies with business interests there include Bayer and utilities RWE and E.ON." (Reuters, "German exports to Iran surge after easing of sanctions," 11/4/14)

"Iran acknowledged on Saturday that oil swap deals with Caspian Sea producers had stopped, but said it was seeking talks with some oil companies on new terms.  Industry sources said in May that producers would suspend oil swaps with Iran from June 1 after Tehran steeply raised fees on operations to avoid an oil glut following lower sales of its own crude. They said Iran had deliberately made it uneconomic... Mehr named four firms it said had shown lack of interest in renewing swaps: Dragon Oil, Vitol, Select Energy Trading and Caspian Oil Development." (Reuters, "Iran says wants to renegotiate Caspian oil swaps," 6/19/10)

"Companies across Germany have quietly rekindled once-strong commercial ties with Iran, industry officials said… ‘The market will explode when the embargo gets lifted,’ predicted Stephanie Spinner-König, managing director of high-tech component maker Spinner GmbH and a participant in one of two German business delegations that visited Iran this year...'Companies are already trying to sign letters of intent with Iranian trading partners to get a foot in the market,' said Juliane Emami, project manager at conference organizer Management Circle AG... Ms. Spinner-König of Spinner exemplifies the first wave. Her company generated less than €100,000 in sales from Iran last year, a fraction of its €80 million in revenue.  'Iran is certainly not our biggest export market, but it's clear that they have a big investment backlog and that a lot more is possible,' she said." (WSJ, "German Buisness Looks to Renew Iran Contracts" 8/3/14)