Industrial Metals

KBA subsidiary, KBA MetalPrint, works in Iran through its partner, Aran Afra Corp. (KBA MetalPrint Website, "Regional Contacts")

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"Since early 2012, the Iranian Rial has lost about two-thirds of its value against the dollar. This is accompanied by a decay and the internal value of the currency . . . Iran's economy itself threatens another problem: there is a dearth banknotes. Companies such as the German press manufacturer Koenig & Bauer (KBA) are under pressure to deliver any equipment that needs Iran for banknote printing. The interest group "United Against Nuclear Iran" (UANI) had already forcefully warned in early October KBA to make business with Iran. 'Tehran's only way to counter the devaluation of Rials, is to print new money', the union argued in their letter. The Iran-critics also pointed to the European Union sanctions in March, prohibiting the supply of notes and coins to Iran . . . UANI has now proved formidable ally of the U.S. government in Iran policy. Founded by the former top American diplomat Mark Wallace union members include former CIA Director Jim Woolsey and former BND, August Hanning. The UANI has exerted among other Siemens and Porsche massive pressure to sever links to Iran. The organization calls even hotels in New York  on this, the Iranian delegation at the edge of deny meeting UN hospitality." (Die Welt, "In Iran, only the stock market is booming," 11/11/12)

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"Three foreign currency printing companies have decided to discontinue their businesses in Iran, UANI (United Against Nuclear Iran U.S. group) Communications Director Nathan Carleton told Trend. Earlier this month, UANI has launched a 'Iran Rial Currency Printing Campaign', which targeted companies that print Rial for the Islamic Republic.According to Nathan Carleton, three such companies have stopped their businesses there, as a result of UANI's campaign.'All three of the firms we contacted, 'KBA', 'Flint', and 'DLR', have informed us that they are no longer involved in currency printing in Iran,' Carleton said, noting that UANI applauds the companies for their decisions. KBA, of Germany, is the world's second-largest security banknote printing press manufacturer, and has sold printing presses to numerous Iranian entities . . . Nathan Carleton noted that no one should be helping the Iranian regime print more currency during this critical time.'We will continue to observe the rial's value, but we do not expect it to improve unless the regime changes course.'" (Bloomberg, "Three currency printing companies stop their businesses in Iran," 10/20/12) 

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"At least one major European engraving company that has been providing currency production services to Iran says it has stopped doing business there. The company, Koenig & Bauer AG of Würzburg, Germany, also says it has not responded to an Iranian request for bids to make the presses to print new rials. Koenig & Bauer’s disclosure was contained in a mailed response to a query by United Against Nuclear Iran, a New York-based sanctions advocacy group, which seized upon the 40 percent drop in the rial’s value this month to begin a new campaign aimed at the currency itself...  In letters Mr. Wallace wrote to Koenig & Bauer and two other companies in the banknote business, De La Rue P.L.C. of Hampshire, England, and Flint Group of Luxembourg, he said that European Union sanctions already prohibit Europe-based banknote companies from providing such services to Iran’s central bank. Mr. Wallace wrote that his group would be “contacting relevant regulatory officials in Luxembourg and the E.U.” to ensure enforcement." (The New York Times, "Iran’s Supply of Currency May Be at Risk in Sanctions," 10/16/2012)

Since September 1, 2014, Bergrohr GmbH has become a member of the EEW Group.

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Bergrohr is a German company that manufactures large diameter steel pipes for high demanding applications such as energy infrastructures, off-shore wind parks, bridges, halls, and harbor constructions. (Bergrohr Website, "About Us")

Bergrohr has a branch office in Iran. (Matthias Kuntzel, "Who is Who in German Trade With Iran")

Salzgitter lists an Iranian distributor, Parisagh Tejarati Iran Co. (Ltd.) on its website. (Salzgitter Mannesmann International (USA) Website, “Sales Organisation”) 

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"After the sanctions were published in June 2010, Hansa began to move into the business abandoned by Sepanir's former German intermediary, Salzgitter Mannesmann International GmbH, which 'ended cooperation as soon as we learned the Iranian Revolutionary Guards were involved,' a Salzgitter spokesman said. Hansa took over some contracts that had been drafted between Salzgitter and Sepanir to supply the Iranians with fire-protection equipment and other technical energy-industry needs—fulfilling the orders for Petrokish instead, commercial records show... Several German companies contacted by the Journal said they had sold goods to Salzgitter for shipment to Iran until the U.N. designation of Sepanir last year. But after that, they said, they took up contracts with a new intermediary, Hansa... Mr. Gieseke said Minimax had been a client of Salzgitter and Sepanir before sanctions, that the stationery was brought to the meeting by a Petrokish representative, and that Minimax didn't notice the logos." (The Wall Street Journal, "Sanctions Hit—and Miss—in German Trade With Iran," 12/17/2011)

In November 2017, Iran discussed bilateral cooperation in the field of air industries with Antonov company CEO. Iran and Antonov company have been cooperating in the production and operation of aircrafts for two decades.

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"The Persian Gulf country will buy two Ukrainian-made Antonov-158s, after a test flight of the aircraft earlier this month, Mohammad-Ali Sirati, managing director of the Iranian aircraft company, was cited as saying by the official Islamic Republic News Agency. The countries then will start to jointly build the aircraft next year, Sirati, whose company will be in charge of the project, said in Tehran yesterday. Some 30 percent of each plane will be made in Iran, state-run media reported." (Business Week, "Iran Says Antonov-158 Built With Ukraine May Fly in 2013," 10/6/2011)

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Antonov lists on its website that their AN-24 turboprop aircraft is serially produced at HESA plant in Isfahan, Iran. (Antonov website)

"This license authorized the company to complete the sale and delivery of Mexican-origin goods, the precise nature of which OFAC redacted, to China, even though the goods had been shipped via the Iranian government-owned shipping line known as Irisl. Irisl has since been designated as an entity involved in helping the Iranian regime obtain technology it needs for its ballistic missile and nuclear programs. The license also allowed the bank that issued the letter of credit for the sale, HSBC, to make good on its obligations. In granting the license, OFAC wrote that Cometals had advised the agency that it was subject to large daily fees for every day that the vessel was not unloaded as well as possible financial claims from the Chinese customer for failing to deliver the goods. OFAC granted the license 'in order to enable Cometals to avoid significant financial loss,' it said. While OFAC was under no obligation to grant this license given that it involved an Iranian entity, OFAC's director, Adam J. Szubin, stressed that Irisl was not added to a special United States blacklist of proliferators until five years after this license was issued. Up until then, he said case-by-case exceptions were made in cases like this one in which the company did not know that an Iranian entity was involved when it entered into the transaction, and in which granting the license did not involve a direct payment from a United States person or company to an Iranian entity." (New York Times, "Licenses Granted to U.S. Companies Run the Gamut," 12/24/10)

"'U.S. government officials with intelligence and border security responsibilities' contacted Alcoa in January 2006 to advise the company of a continuing investigation stemming from the belief that one of its customers in Turkey was acting as a purchasing agent on behalf of the government of Iran, records show. The investigation was never publicly reported, but as a result of this notification, Libby Archell, an Alcoa spokeswoman, said scheduled deliveries to that customer were halted and the customer was notified that no additional shipments would be forthcoming. A license was needed, however, so that Alcoa could refund the customer for goods that had been paid for but not yet shipped "in order to avoid litigation and attendant discovery," the license application states.

It is unclear what product Alcoa had been shipping to the Turkish customer; OFAC redacted that information, and Ms. Archell declined to say. She said that Alcoa was 'completely unaware' and had no way of knowing that its customer was acting as a front for the Iranian government until the United States government informed the company of its investigation. The company uses an 'extremely thorough due dilligence process' to vet potential customers, she said, adding that the customer in question was not at the time on the government's blacklist of sanctioned parties." (New York Times, "Licenses Granted to U.S. Companies Run the Gamut," 12/24/10)

Remet is accused of selling Cobalt aluminate to Iranian engineering firm Mavadkaran, which manufactures equipment for Iran’s energy sector.

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"Jarrad Beddow, 43 the former sales manager of Remet UK, is alleged to have played a 'leading role' in the shipment of cobalt aluminate to the Islamic Republic via Slovakia...  Remet applied for a licence to export the chemicals in the summer of 2008 but was told it had been rejected in September... Mr Hewitt said the authorities were alerted after Remet's managing director discovered the export had gone through." (Daily Telegraph, "Businessman 'exported WMD chemicals to Iran'," 6/6/2012)

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"Although the company’s former sales manager, Jarrad Beddow, claims that there was no law prohibiting the export of the cobalt when it occurred in 2009, it is well know that cobalt aluminate can be used to produce the lethal radioactive isotope cobalt 60. Experts says this material is most likely to be used in a 'dirty bomb.' And, Since 2005, there have been reports that Tehran may be attempting to procure dirty bomb materials." (Global Security Newswire, "U.K Firm Investigated Over Sale of Dirty Bomb Material to Iran," 5/17/2010)

Ametek is featured on the website of the Iranian energy services firm Sima Mehr.

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AMETEK, according to its website, is a leading global manufacturer of electronic instruments and electromechanical devices, with 11,000 colleagues working at more than 80 manufacturing facilities and more than 80 sales and service centers in the US and across the world.

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Lloyd Instruments, an AMETEK subsidiary based in the United Kingdom, manufactures material testing machines, texture analyzers, and davenport polymer test equipment, and lists a regional contact in Iran.  (Company Website)

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Another subsidiary, Denmark-based AMETEK Calibration Instruments, also has an office in Iran. The company is a manufacturer of instruments that calibrate temperature, pressure and process signals as well as temperature sensors. (Company Website)

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The devices of AMETEK Calibration Instruments are used in the oil & gas industry, among others. (Company Website)

Duferco attended the Iranian Steel Pipe & Tube Conference (the “Conference”) in Tehran on May 24-25, 2016. (MetalBulletin Events, “Iranian Steel Pipe & Tube Conference”).

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Listed as an approved vendor in Iran by NIOEC, NPC and NIGC.

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The Duferco Group's Iranian Branch, Kemco AG (Company Website)

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"The list of about 1,000 Italian companies active in Iran includes such household names as Eni—the energy giant is Iran's biggest business partner in Europe according to the Italian-Iranian Chamber of Commerce—as well as Fiat, Ansaldo, Maire Tecnimont, Danieli and Duferco." (Wall Street Journal, "The Rome-Tehran Axis," January 2010)

On February 16, 2021, Iowa Public Employees' Retirement System removed Danieli from its Iran Prohibited COmpanies List. 

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As of August 15, 2019, the state of Iowa listed Danieli on its Iran scrutinized companies list.

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According to its annual report filed on June 30, 2018, "With regard to the two Iranian contracts signed with Ghadir Energy Investment Company…The determination of the Italian Government and the European Union, together with other countries, to continue economic cooperation with Iran will hopefully lead to a solution that should allow the completion of the loan procedures for these two contracts and their subsequent start." (Danieli Website, “Annual Report,” 8/30/2018).

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"Italian steel manufacturer Danieli has halted work on finding financial coverage for orders it won in Iran worth 1.5 billion euros ($1.8 billion) following the U.S. withdrawal from the 2015 Iran nuclear deal. “With the withdrawal of the U.S. from the treaty the banks are no longer ready to fund Iranian projects for fear of secondary sanctions,” Danieli CEO Alessandro Trivillin said on Thursday. In 2016 Danieli signed a framework commercial agreement with Iran worth about $5.7 billion." (5/18/2018)

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In 2018 the U.S. state of  Iowa listed Danieli on its Iran scrutinized companies list rendering Danieli ineligible for investment and/or state contracting.

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Danieli group signed $6.2 billion with Iran during President Hassan Rouhani's visit to Italy in January 2016 for the cooperation in the steel and aluminum sectors.--

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"The Italian Danieli Groups steel machinery production plant was inaugurated on Tuesday by Industries, Mining and Trade Minister Mohammad Reza Nematzadeh and the head of Iranian Mines and Mining Industries Development and Renovation Organization, Mehdi Karbasian." (May 4, 2017).

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"Several steel giants, including Italy’s Danieli, Spain’s Sarralle Equipos Siderogicos, Germany’s SMS Group and Russia’s INTECO, have been actively participating in the Iranian industry though they seek to bolster ties with Iran. As such, Danieli Persia plant has been constructed in a joint venture between Iran and Italy and will begin production in April 2017. The plant will mark the biggest steel factory in the Middle East and will be operated only by Iranian engineers, as asserted by Danieli CEO Gianpietro Bendetti." (Mehr News Agency, "Iran's Steel Market in 'New Normal' Era," 2/18/2017).

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"The Italian Danieli group, which is one of the world’s largest suppliers of equipment and plants to the metal industry, is set to revamp Khorasan Steel Company’s electric arc furnace technology to boost the steel mill’s steel production capacity, Minews reported. The two companies’ representatives signed a memorandum of agreement in Khorasan Razavi Province on Wednesday. The company says the new EAF technology, which is expected to take one year to install, will also reduce the mill’s raw material and energy consumption." (August 20, 2016).

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Danieli 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”)

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“As economic sanctions eased last month under a temporary accord, Iran is shaping up as a hot, untapped opportunity for Western steel exporters, particularly high-grade varieties…About 45 producers sent representatives to a steel conference last month in Tehran to study export opportunities and investing in Iran’s domestic industry, Karbasian said. More than 10 steelmakers contacted by Bloomberg declined to comment or said they hadn’t attended the event…Danieli SpA of Italy and Germany’s SMS Siemag gave addresses at the steel event in Tehran, Karbasian said. A person familiar with Danieli’s situation said the company attended the conference, as the Iranian market is interesting and Danieli is evaluating possible opportunities there.” (Bloomberg, “Iran Thaw Seen Re-Stoking $6 Billion Market for Steel,” 3/12/14)

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"An Italian business delegation will visit Iran to explore investment opportunities in the Islamic Republic. The delegation, headed by Chairman of Iran-Italy Chamber of Commerce Rosario Alessandro, will start a four-day visit to Iran on Saturday, said the Press Office of the Iranian Embassy in Rome, Press TV reported…Meanwhile, Italy's Danieli company said it is ready to build a factory in Iran to design and produce mining equipment and machineries. Danieli Chief Executive Officer Gianpietro Benedetti, who is visiting Iran after four years, in a meeting with Mehdi Karbasian, director of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), on Friday referred to Danieli's years of presence in Iran and said the company is keen to expand relations in the mining industry. ‘The construction project of a factory for designing and production of equipment and machineries is currently underway in Shahreza, Isfahan province, and will come on stream within 15 months,’ Benedetti said. Benedetti said Danieli is ready to share its know-how and years of experience in steel industry with Iranian firms. The IMIDRO chief said his organization wants Danieli to cooperate in building a steel factory in Iran and will make every necessary preparation in this regard…Danieli ranks among the three largest suppliers of equipment and plants to the global metal industry. The company has seven factories in Italy, Germany, France, Sweden, Thailand, China and India. Its headquarters is in Buttrio in northeast Italy.” (Iran Daily, “Italian business delegation due,” 2/22/14)

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“Italian company, Danieli, has expressed its readiness to establish a factory in Iran for manufacturing mining machinery, ISNA reported on February 21. Danieli's CEO Gianpietro Benedetti made the remarks at a meeting with Iranian Deputy Industry Minister Mehdi Karbasian in Tehran. Currently, a steel plant is being built by Danieli in Iran's city of Shahreza, in Isfahan province, he said, adding that the project will be inaugurated by in the next 15 months.” (Trend, “Italian firm ready to build mining machinery factory in Iran,” 2/21/14)

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"Iranian special steel producer Iran Alloy Steel plans to construct a new seamless pipe mill, Steel Business Briefing is informed by the Iranian state metal and mining group Imidro. A consortium formed of Danieli and another company has signed a contract to construct the new facility named Yazd 1, says Iran Alloy Steel’s director of expansion projects Hokmolah Babaei. The capacity of the new mill, which is expected to be completed within 33 months, will be about 525,000 tonnes/year, a source informs SBB." (Steelmaker.ru, "Danieli will Build New Seamless Pipe Mill for Iranian Special Steel Producer," 4/21/11)

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"The list of about 1,000 Italian companies active in Iran includes such household names as Eni—the energy giant is Iran's biggest business partner in Europe according to the Italian-Iranian Chamber of Commerce—as well as Fiat, Ansaldo, Maire Tecnimont, Danieli and Duferco." (Wall Street Journal, The Rome-Tehran Axis, 1/14/2010)

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"Italy's Danieli & Company has been awarded the job of setting up a big facility in Khuzestan to build steel sheet for oil and gas pipelines. The $232 million contract signed on 25 October requires a separate financing deal being negotiated with Mediocredito Centrale." (MEED, "Iran: Danieli Steel Contract awaits Finance Line." 1999)