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Bosch

Bosch

Industry: 
Manufacturing
Value of USG Contracts: 
108
Symbol: 
BOM:500530
States: 
AK
AZ
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FL
GA
IL
IN
KY
MA
MI
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MO
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NY
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Country: 
Germany
Contact Information: 
Sources: 

According to Matthias Kuentzel's article, "Branch Offices, Agencies, and Missions of German Companies in Iran", BOSCH works in Iran through its partner, Abzarsara.

On its website, Abzarsara lists many Bosch products. (Abzarsara Website, "Home")

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"Dozens of European businesses have visited the country in recent months in anticipation of a thaw in relations over Iran’s nuclear programme that could rehabilitate the oil-rich country as a destination for business investment. Iranian and western businessmen say some tentative deals have been prepared, ready for signature once the interim nuclear agreement struck in Geneva last month is implemented…Bosch, the German technology and services conglomerate, said it was 'carefully monitoring current developments' in Iran. 'In general, we see good potential opportunities for our business, provided that the future political and legal framework will make this possible without restrictions,' it added." (Financial Times, "Merck tests ground for Iran partnership to produce medicines," 12/26/13)

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"Bosch, a supplier of building and industrial technology and consumer goods, markets its products in Iran through contract partners, according to its website, but does not have an office in Iran. 'We're doing very little business and this is handled through Turkey,' said Christian Fromek, a company spokesman. 'Our businesses have a civil purpose in providing auto components as well as consumer goods, such power tools and spark plugs. All of our activities respect current regulations in place.'"  The company has received $90.3 million in revenue and benefits from the US government for their investments in Iran during 2000-2009.  The company's activities in Iran are currently active.  (The New York Times, "Profiting from Iran, and the US," 3/6/2010)

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"GIANTS WITH A FOOT IN TEHRAN: Total, Shell, Statoil, BNP Paribas, Commerzbank, MTN, UPS, Linde, Technip, Nokia, Ericsson, Peugeot, Renault, OMV, Societe Generale, ENI, Mitsubishi, Sumitomo, Siemens, LG, Samsung, Bosch, Valeo, Nestle, Unilever, BAT, Japan Tobacco." (The London Times, "American pressure threatens UK firms," 5/27/06)

Response: 

No response at this time.

Manufacturing conglomerate. Abzarsara Co. sells Bosch power tools and accessories throughout Iran.