Belgium

Almeco

Industry
Manufacturing
Country
Belgium
Sources

According to Almeco's website, "Almeco was selected to realize a number of machines thanks to its in-depth knowledge and experience in the field of industrial fans.

These machines have been installed in various parts of the world. You can find them in countries such as Belgium, Germany, Spain, Sweden, Hungary, Finland and Iran." 

AGFA NV

Industry
Chemicals
Country
Belgium
Sources

AGFA's website lists an office in Tehran, Iran. 

Response

 

“ …Our business with Vitta is rather limited, especially after the drop of the oil prices and the devaluation of local currency. The business generated a low 6-digit turnover in 2019. The distribution license is strictly limited to the territory of Azerbaijan. For the DR-modalities, this is confirmed by our installation reports which contain the place and date of installation. We have never received any complaint or allegation that VITTA would be selling our products outside of the agreed territory." (May 18, 2020)
 

Anheuser Busch

Industry
Food and Beverage
Country
Belgium
Sources

According to its form 20-F filed with the SEC for fiscal year 2021, "Anadolu Efes, our [Anheuser Busch] affiliate, has a licensing agreement with an Iranian company for the production of non-alcoholic beer in Iran. Pursuant to that licensing agreement, Anadolu Efes will receive EUR 31,334 (USD 37,224) in gross revenue for 2021, from which it expects to record no net profit. Anadolu Efes plans to continue its licensing arrangement."

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According to its Annual Report filed with the SEC for fiscal year 2019: "The Iran Threat Reduction and Syria Human Rights Act of 2012 requires disclosure of certain activities relating to Iran by AB InBev or its affiliates that occurred during our 2019 fiscal year. Anadolu Efes, our affiliate, has a licensing agreement with an Iranian company for the production of non-alcoholic beer in Iran. Pursuant to that licensing agreement, Anadolu Efes will receive EUR 80,343 (USD 95,002) in gross revenue for 2019, from which it expects to record no net profit. Anadolu Efes plans to continue its licensing arrangement."

Arthur D. Little (ADL)

Industry
Professional Services
States
MA
Country
Belgium
Sources

ADL Iran webpage.

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ADL was listed as a knowledge partner at the 2nd Iran International Exploration & Production Congress and Exhibition (“Iran E&P 2018”), which took place in Tehran from March 3-4, 2018. (Iran E&P 2018 Website, “International Companies Attending”).

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Arthur D. Little (“ADL”) sponsored the 8th Iranian Steel Market Conference (the “Conference”) that took place in Tehran, Iran on January 30, 2018. (Donya e-Eqtasad Website, “About Conference”).

Hamon

Industry
Energy
Country
Belgium
Sources

"Kherad Industry Technical & Engineering CO (KITEC), one of the most prestigious EPC companies in Iran has placed an order to HAMON for one water cooling system. The concrete cooling tower will be installed in the Abadan Refinery near the coast of the Persian Gulf.." (February 2018)

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"Zagros has awarded HAMON one FRP induced draft cooling tower for the Tabriz Refinery in Northwest Iran. Hamon will carry out the thermal, mechanical and structural design and also supply the material for this 4-cell FRP cooling tower, with in-line arrangement." (January 2018)

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Hamon Group (“Hamon”) reportedly agreed to exhibit at the 22nd International Oil, Gas, Refining, and Petrochemical Exhibition (the “Exhibition”) that took place in Tehran on May 6-9, 2017. (Iran Oil Show Website,
Exhibition Information”).

Groupe Bruxelles Lambert (GBL)

Industry
Financial Services
Symbol
Euronext: GBL
Country
Belgium
Sources

"A subsidiary of the company was reported as potentially providing oil and gas testing services in Iran. In 2018 CalPERS designated the company as under review. In 2019 CalPERS changed the designation to “being monitored” because CalPERS’ initial screening has not identified the company as having involvement in the regions and/or activities targeted by the Act. CalPERS has maintained the company in “monitor” status for 2020. CalPERS continues to monitor the company for possible changes in status relevant to the Act"

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In 2018, the California State Public Employees Retirement System (“CalPERS”), designated GBL as “Under Review” for having a subsidiary that was reported as potentially providing oil and gas testing services in Iran. In 2019, CalPERS  changed the designation to “Being Monitored” because CalPERS’ “initial screening has not identified the company as having involvement in the [activities] targeted by the [2019 California Public Divest from Iran] Act.

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In 2017, CalSTRS designated Groupe Bruxelles Lambert as “Under Review” for potentially having ties to Iran. In 2018, CalSTRS staff met with representatives of the company and confirmed it is a holding company only and does not have a subsidiary operating in Iran. Furthermore, CalSTRS reviewed the company’s investment and compliance policies and confirmed it maintains appropriate controls and includes geopolitical risk in its investment process. CalSTRS subsequently removed Groupe Bruxelles Lambert from the list of “Under Review” companies.

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In 2017 the U.S. state of California listed Groupe Bruxelles as a company under review for having a subsidiary that reportedly provides oil and gas testing services in Iran.

Belfius Bank BV/SA

Industry
Banking
Country
Belgium
Sources

Belfius Bank NV/SA (“Belfius Bank”) is listed on the “List of Corresponding Banks for Transferring the Fees” for payment to the 10th International Conference on Magnetic and Superconducting Materials (“MSM17”), which took place at the Sharif University of Technology, Tehran, Iran on September 18-21, 2017.  (Sharif University Website, “MSM17 [Corresponding Banks Fees];” “MSM17”). 

Euronav

Industry
Shipping
Symbol
BB: EURN
Country
Belgium
Sources

According to publicly accessible ship-monitoring data, since January 1, 2016, Euronav vessels have called at Iranian ports on at least 28 occasions. 

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“While NITC continues to be the market leader in terms of the number of ships deployed for loading crude from Iran, other companies with ships loading from the country include Dynacom, Delta Tankers, Euronav, Polembros, COSCO, Avin International, Olympic Shipping and Management, New Shipping and Thenamaris, it said.” (Platts, Tankers: Sharp Rise in Iran's Crude Oil Shipments to Europe," March 2017).