Sweden

Chris-Marine AB

Industry
Shipping
Country
Sweden
Sources

According to the company website, Chris-Marine's agent in Iran is Ronal Company ApS.

--

Chris-Marine was advertised as a participant in 2017 for IRANIMEX, which was “formed to expand, develop and create international opportunities for Iran’s maritime and offshore technologies.

EKN

Industry
Financial Services
Country
Sweden
Sources

EKN has agreed to speak at the Iran Trade Business Briefing 2017 (the “Briefing”) in London on April 26, 2017. (Global Trade Review Website, “Description”).

--

"Uncertainty regarding remaining US-sanctions has had a dampening effect on exports to Iran. There is still no possibility of financing large and long-term export transactions." (Feb 7, 2017)

--

Iran has signed new memorandum of understandings with three international export credit agencies. The country’s own ECA, the Export Guarantee Fund of Iran, has signed agreements with the Indian ECGC, the Swedish EKN and the Austrian OeKB, Global Trade Review reported. (June 2, 2016).

--

According to a January 2016 press release on your website, “EKN is reintroducing export credit guarantees to Iran.”  (EKN, “EKN reintroduces export credit guarantees to Iran,” 1/22/2016).

Aviator Airport Alliance

Industry
Aviation
Country
Sweden
Sources

Aviator is one of “several European companies [that] have already begun providing ground services for Mahan Air flights landing at European airports.”  (Bloomberg, “U.S. Send Europe a Mixed Message on Iran Sanctions, “2/11/2016).

--

Iran Air renews the agreement for another 3 years at Arlanda and Gothenburg Airport.  Aviator is very pleased about the good cooperation and confidence that Iran Air has given us in the renewed contract. (Aviatior Website 2016).

Response

Response: "...we are not and have not provided services for Mahan Air, nor do we have any plans to do so in the foreseeable future." (May 2, 2017)

Serkland Invest AB

Industry
Investment
Country
Sweden
Sources

"Swedish investment firm Serkland Invest AB agreed to buy a stake in Iran’s Sahar Dairy Co., which makes Danone and Le Groupe Bel SA products in the country. Serkland, which invests in consumer goods, will spend 'tens of millions of euros' on the minority holding in Sahar, and may secure further investment from other European firms for the stake, founder Omid Gholamifar said in an interview in Tehran on Sunday. 'Consumer goods companies know that Iran is the very last frontier,' Gholamifar said. 'The investments you can make here, you can’t make anywhere else in the world.'" (Bloomberg News,  "Swedish Investment Firm to Buy Stake in Danone's Iran Producer," 2/15/2017).

Pomegranate Investment

Industry
Investment
Country
Sweden
Sources

"A Swedish firm is looking to launch the first initial public offering to raise capital for investments in Iran since international sanctions on Tehran were lifted. But the precautions it takes to demonstrate that its dealings are legitimate show that the undertaking, even on this small scale, is time-consuming and costly. Although global trade sanctions against Iran were lifted in January in return for Tehran curbing its nuclear program, the United States still forbids its own nationals and firms to do business in Iran, and prohibits dealings with a list of Specially Designated Nationals (SDNs) deemed to engage in undesirable or terrorist activity. For those reasons, Pomegranate Investment AB, set up in Sweden in 2014, is entering the Iranian market cautiously. Chief executive Florian Hellmich told Reuters on a visit to London on Monday that the firm, which has raised 80 million euros ($91 million) from European investors since 2014 in anticipation of sanctions easing, hopes to launch its IPO in Sweden within 12 months, for investments in Iran's consumer technology sector... The main challenge for any international company, however, is vetting Iranian partners to ensure they are not on the U.S. blacklist.'We have learned to operate in a sanctions environment, which means we have had to engage in a high amount of KYC ('Know Your Customer'): legal due diligence of all our partners, including the banks we do business with,' Hellmich said on a visit to London... 'We have engaged an armada of lawyers who have been advising us in terms of disclaimers and due diligence. Again it comes back to the cost of doing business. It is time-consuming,' Hellmich said." (Reuters, “Swedish firm first to seek listing for investment in Iran,” 5/16/2016)

CUE DEE

Industry
Telecommunications
Country
Sweden
Sources

Cue Dee also partners with RASIS Corporation, based in Tehran Province.  (Cue Due Website, “Partners”).  RASIS Corporation notes on its website that it is a “reseller of CUE DEE Company in Iran.” (RASIS Corporation Website, “CEO’s Message for the 10th Anniversary of RASIS Corporation,” 6/13/2016)

--

CUE DEE is listed as an exhibitor at the Iran Telecom Innovations Conference that took place from September 25-28, 2016, in Tehran, Iran. (Iran Telecom Innovations Exhibitor List, 2016).

--

RASIS Corporation is a reseller of CUE DEE Company in Iran. (CEO's Message for the 10th Anniversary of RASIS Corporation, 6/12/2016).

LEAX Group

Industry
Automotive
Country
Sweden
Sources

"Swedish mechanical components and sub-systems manufacturer Leax Group says it is eyeing Iran for potential major new business. Leax Group says the decision to approach the Iranian market was adopted after a recent visit to the country by its top directors that was organized by Scandinavian automotive supplier association, FKG. 'Iran used to be a very good market for Volvo and Scania and we are a major supplier to the truck industry,' Leax Group President and CEO Roger Berggren told Just Auto news website... Leax chief said he had several business meetings with local players such as Iran Khodro Industrial Group (IKCO) and SAIPA during his stay in Tehran. 'We [also] met some tractor manufacturers and we can see the technology level is at least ten years behind - they want new technology,' said Berggren." (Press TV, "Sweden’s Leax eyeing Iran’s auto market," 10/17/15) 

FKG

Industry
Automotive
Country
Sweden
Contact Information
Sources

Scandinavian automotive supplier association, FKG's decision to lead a component delegation to Tehran has been swiftly echoed by Sweden's Enterprise Ministry setting up a permanent office in the Iranian capital.

FKG has been a strong advocate of reopening business ties with Iran and its visit last year has now been reinforced by Sweden establishing a Tehran office ahead of the widely-anticipated and imminent lifting of sanctions against the country, which could see a flood of automotive companies start to enter a territory once formerly off-limits for most Western businesses. (January 2016)

--

"Telephone enquiries from Iranian automotive companies wanting to undertake business with Scandinavian suppliers have already started to pour into Sweden following this week's historic nuclear facilities inspection deal with Tehran. The agreement thrashed out in Vienna comes laced with significant caveats surrounding whether or not Iran's nuclear programme is designed solely for domestic energy use and not destined for uranium enrichment for ultimate weapons production, but Scandinavian component body, FKG remains optimistic there is business now to be realised. 

'They [Iran] have a good business with sub-suppliers and they have a similar organisation to us, but they are behind for years,' FKG managing director, Fredrik Sidahl told just-auto from Sweden. 'Their own companies need to very, very quickly come up [to the] same level as the rest of the world. Here is the situation where Swedish and German, whatever, companies, could assist in the name of both quality and business of course. [The telephone started ringing] yesterday. An approach would be to buy certain components for engineering manufacturing and they asked me where suppliers are in Sweden we could talk to.'

The Gothenburg-headquartered supplier chief noted FKG were 'not brokers' and would not organise individual contracts, but put the telephone request to the Scandinavian Iranian Chamber of Commerce, with which for example, it ran the recent visit to Tehran to gauge future business potential. 'We can't believe it - it has finally happened,' said Sidahl. 'We have to squeeze our arms [pinch ourselves]. If you see internal Iran, they now [have] 900,000 vehicles, which are old type vehicles. Before they were locked in they were 1.6m vehicles per year - there is a gap to close. It is a very good business opportunity for sure. They need to fix the banking system in Iran [however]. They need to line up their banking system outside Iran so you have an exchange rate which is official. Following FKG's visit to Tehran earlier this year, the move will be reciprocated by one in reverse from Iran to Sweden this November, with a trip currently being put together. Lifting of sanctions has also enthused FKG to organise a follow-up supplier visit to Iran taking 'a new troop of companies,' with opportunities for gear and axle-making businesses for example." (Just Auto, "FKG Pinches Itself as Sanctions Lift Sets Phone Ringing," 7/16/15)