Sweden

SKF

Industry
Engineering
Symbol
STO: SKFB
States
PA
Country
Sweden
Sources

"The company was reported as potentially providing bearing and lubrication products 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 2017, CalSTRS designated SKF AB as “Under Review” for reportedly providing bearing and lubrication products to Iran CalSTRS maintained the “Under Review” designation in 2018.

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Lists SKF Eurotrade AB - Iran on its company website as its location in Iran.

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“'Iran is a country with both car and oil industries, and a lot of other industrial sectors as well,' said Alrik Danielson, head of SKF, the ball bearings giant. 'If all sanctions and obstacles to business disappear, it will naturally be a positive development for us.'" (The Local, "Swedish CEOs see big Potential in Iran," 7/19/15)

Assa Abloy

Industry
Manufacturing
Symbol
STO: ASSA-B
Country
Sweden
Contact Information
Sources

"'We are ready,' Johan Molin, president and CEO of Assa Abloy, told the TT news agency. 'Among other things, we’re bought a company in Dubai that we think should be able to export safety doors to Iran.' The company has strengthened its operations in the Middle East and on the same day the nuclear deal was reached, held a conference around the question 'when are we moving in?'" (The Local, "Swedish CEOs see big Potential in Iran," 7/19/15)

Tapflo

Industry
Manufacturing
States
CA
Country
Sweden
Contact Information
Sources

Lists PUMPASH Co. Ltd in Tehran, Iran as its exclusive distributor. 

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Tapflo maintains an Iran representative through Tehran based company PUMPASH Co. Ltd. (Tapflo Company Website, "Contact: Iran") On its respective website Pumpash lists Tapflo as a primary supplier of products. (Pumpash Company Website, "Products: Tapflo")

Stockholm Chartering AB

Industry
Shipping
Country
Sweden
Contact Information
Sources

Stockholm Chartering is a Swedish ship brokering company that provides services in a wide range of shipping-related areas including chartering, operaitonal support, newbuilding contracting, and shipowning (Company Website).

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"Sweden’s Stockholm Chartering AB controls a ship that appears to exclusively run routes across Iran’s southern border in the Persian Gulf. Such deliveries would constitute a violation of U.S. and European sanction on Iran, according to the data provided by United Against Nuclear Iran (UANI), a watchdog group that pressures American and European companies to cut economic ties with Tehran. The ship, named Persia, was spotted over the past two months docking near several Iranian ports that are known as hubs for petrochemical exports and its military, according to UANI. The watchdog has petitioned the company to halt its deliveries and has alerted the European Union to its potentially illegal dealings. The 'Stoc Holding-controlled vessel ‘Persia’ appears to operate a dedicated route in support of Iran’s petrochemical exports and advertises ties to sanctioned Iranian entities on its website,' UANI CEO and former United Nations Ambassador Mark Wallace wrote to the company on Wednesday. 'Stoc Holding’s business activities undermine U.S., E.U., and U.N. sanctions as well as the efforts of responsible non-governmental actors to isolate the Iranian regime and counter Iran’s smuggling and proliferation activities,' Wallace wrote. The ‘Persia’ appears to be one of the most active non-Iranian vessels frequenting Iran’s petrochemical facilitates at Bandar Imam Khomenei, Lavan Island and the port of Chah Bahar, Iran. The ‘Persia’, also appears to operate a regular and dedicated route between these Iranian facilities.' The Persia’s activities are particularly concerning to experts because it was seen traveling from Iran’s primary refineries to multiple locations that are near Iranian navy bases . . . 'There’s enough circumstantial evidence to warrant us asking the questions' about possible deliveries to these military bases, said House, who helms UANI’s Maritime Intelligence Network and Rogue Vessel Analysis (MINERVA) system . . . Stoc Holding’s Persia ship is also insured by Iran’s in-house insurance company, raising further red flags among UANI’s analysts. Iran’s Kish P&I is an illicit maritime insurance operation that allows mostly Iranian ships to continue global shipping operations and skirt economic sanctions. The Persia is 'one of the few' non-Iranian ships to be covered by Kish P&I, according to UANI’s Martin . . . 'Simply put, Stoc Holding appears to be profiting from its involvement in the Iranian regime’s schemes to prop up its sanctioned petrochemical and shipping sectors. Such involvement is also exposing Stoc Holding to the risk that its services are providing support for Iran’s military forces.' Stockholm Chartering does not appear to be hiding its relationship with Iran. The company features photographs of Iranian tankers on the homepage of its website. Stockholm Chartering did not deny the charges against it when contacted Thursday by the Free Beacon." (Washington Free Beacon, "Watchdog Says Swedish Shipping Company Skirting Iran Sanctions," 7/18/13)

GVA Consultants

Industry
Energy
Country
Sweden
Sources

"When GVA Consultants won the contract to design the Iran-Alborz platform in 2001, the company acquired a 5% stake in the project, according to reports. GVA, formerly part of the UK’s BMT Group, was subsequently acquired by Halliburton, the American defense contractor. While Halliburton announced in April of 2007 that it had ceased all of its Iranian operations, it divested Houston-based KBR Inc., which is now GVA’s parent company, that same year. Gity, the Khazar official, described the current relationship with GVA as being a 'joint venture.' However this claim, made by an Iranian official eager to present his company and country in a favorable light, has not been verified. Senior representatives were unavailable when a call was made by this news service to GVA’s Goteburg, Sweden headquarters seeking comment on whether the company still holds a stake in the Iran-Alborz platform, or any other oil exploration activities in the Caspian Sea." (Financial Times, "Iran seeks Chinese proxies to further offshore drilling ambitions," 5/31/2013) 

Volvo Group

Industry
Automotive, Construction
Value of USG Contracts
118
Value of USG Contract Source
http://www.usaspending.gov/explore?frompage=contracts&tab=By%20Prime%20Awardee&contractorid=353952559&contractorname=VOLVO%20CONSTRUCTION%20EQUIPMENT%20N&frompage=contracts&comingfrom=searchresults&fiscal_year=all
Symbol
OMX:VOLV B
States
DC
Country
Sweden
Sources

The Iranian company HEPCO lists Volvo products under license on its company website. HEPCO Website, “Under License.”

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According to its website Volvo Car Corporation has no official distributor / authorized repairer in Iran. 

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Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because U.S. sanctions are preventing it from being paid, a spokesman for the company said on Monday. (Reuters, 9/24/2018).

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"The CEO of Swedish Volvo Trucks has announced that the company intends to increase its investment and operations in Iran. On the sidelines of his trip to Iran, the CEO of Volvo Trucks Claes Nilsson told the ISNA news agency, “The Company manufactures its vehicles in Iran with the same technology it uses in Europe”. "We have invested in truck body manufacturing in Iran and we intend to expand our investment in this sector," he added." (November 5, 2017)

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"SAIPA Diesel a subsidiary of SAIPA, Iran’s second largest automaker, will start production of three new models of Volvo FM trucks in the coming months. The company has been producing several models of Volvo trucks in recent years. But according to the local automotive website, Persian Khodro, production of the FM series was halted five years ago." (Financial Tribune, "Volvo to Make Trucks in Iran," 1/26/2017).

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Volvo is listed as a participating company at the 14th International Exhibition of Transportation & Urban Services & Related Industries which takes place October 27-30th, 2016 in Tehran Iran. (Participating International Companies)  

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"Swedish Volvo Trucks Corporation even didn’t wait for those talks to conclude, resuming its production in Iran in May by opening a line for a new generation of Volvo FH trucks at Saipa Diesel west of Tehran." (PressTV, "'Gold Rush' Begins for Iran Business," 7/20/15)

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“Swedish Volvo Trucks Corporation has resumed its production of heavy trucks in Iran, putting an end to four years of absence from the country's massive market under sanctions. The company marked its return by opening a production line for a new generation of Volvo FH trucks at Saipa Diesel west of Tehran... The official said Saipa Diesel is in talks with several reputable companies, including Mercedes Benz and Renault Trucks. 'The signing of a joint venture agreement with Benz for production of light, heavy and trailer trucks as well as buses and minibuses is in the works. Moreover, this reputable company has taken some steps for production of electric buses (in Iran),' Tanhapour said." (Press TV, "Volvo shifts into reverse on Iran sanctions," 5/13/15) 

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“Iranian car manufacturing company Saipa is in talks with France's PSA Peugeot Citroen and Renault, Germany's Mercedes-Benz, and Sweden's Volvo to finalize deals on joint production of cars in Iran, Saipa officials announced on Tuesday… He made the remarks on the sidelines of a ceremony held here in Tehran to unveil the production line of a new Volvo truck in Saipa Diesel factory. Madani also told the Tasnim News Agency that Saipa and Renault are in talks to modify previous contracts, but the details of negotiations have yet to be finalized… Elsewhere in his remarks, Madani announced that the Swedish company Volvo is already providing Saipa with technical support and spare part and that the cooperation will develop in the future. New Volvo trucks named H500, which will begin to be manufactured on Tuesday, are 15% domestically produced, he added.” (Tasnim, "Iran's Saipa Negotiating with European Automakers," 5/12/15)

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"Volvo Group has left the Iranian market. A company spokesman confirmed the authenticity of a letter sent to a U.S. pressure group this week saying it stopped sales of any new equipment in Iran in March 2012, and made a decision in January to stop business with all companies in the country. The question of pulling out of Iran has been an issue under discussion for several years, said Kina Wileke, the company's head of media relations, in an interview. Concerns about the Iranian regime led Volvo to pull out, she added. United Against Nuclear Iran, the U.S. pressure group, sent a letter to Volvo in December calling for the Swedish company to leave the market, accusing it, among other things, of supplying the trucks used by the Iranian government to transport missiles. 'We applaud Volvo AB for this decision,' said Nathan Carleton, a spokesman for the group, in an email. 'Iran's automotive sector serves as a massive source of revenue for the regime, and is integral to Iranian military operations...The situation is now changing, as seven prominent automakers have pulled out of Iran within the past year.'" (The Wall Street Journal, "Volvo Finds Exit Ramp from Iran Market," 2/13/13)

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Vovlo Group is a Swedish manufacturer of trucks, buses and construction equipment. Its units include Volvo Trucks, Mack Trucks, Renault Trucks, UD Trucks, Volvo Construction Equipment and Volvo Buses, among others.

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The construction division of AB Volvo sells wheel loaders, backhoe loaders, excavators, articulated haulers, motor graders, milling equipment, pavers, and compactors in Iran through dealer Parsian Pishro Sanat.

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Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, List of Companies Doing Business With State Sponsors Of Terror, Removed from the internet in July of 2007)

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In 2000, Volvo Truck Corporation entered an agreement for Industrial and Commercial Cooperation with Iran's Saipa Diesel. (Volvo Website, "Volvo in Iran")

 

Response

Response: "The changes you referenced in our U.S. truck plant employment levels were driven exclusively by demand for our products in North America." (June 1, 2017)

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Response: "There is a strong political support for rengagement of trade with Iran…" (June 1, 2016) -

Tetra Pak

Industry
Manufacturing
Country
Sweden
Contact Information
Sources

Subsidiary of Tetra Laval.

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"Today, more customers in Iran are using FSC™ labelling on their packages for two main reasons: Support sustainable sourcing and increase consumer awareness towards saving natural resources. We aim to promote FSC™ deployment among all our customers and hope that in the near future, all of our customers will be using FSC™ board for their packaging material." 
 

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Specializes in processing, packaging and distributing food and beverages. Has a branch office in Iran. (Tetra Pak Website, "Iran")

Scania

Industry
Automotive
Symbol
SCVB:Stockholm
Country
Sweden
Contact Information

per-erik.nordstrom@scania.com

Sources

Scania's website lists contact information for offices in Iran. 

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Cancelled all orders that could not be delivered by mid-August 2018 and is attempting to collect remaining payments during a wind-down period ahead of November 4, 2018; had been selling 5,000-6,000 vehicles in Iran annually since 2016 and is working on a contingency plan for the ongoing delivery of spare parts. ("Scania says U.S. sanctions put entire Iran truck sales in 'jeopardy'," Reuters, August 3, 2018.)

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"Scania has signed an agreement in principle with the Iranian province of Isfahan and Shahr-e Atiyeh investment company on the delivery of 1,350 buses for public transport for Isfahan and four other Iranian cities. The first of these new buses will be in operation at the end of 2017. Two Memoranda of Understanding have been signed in Teheran, in the presence of the Swedish Prime Minister Stefan Löfven and the Swedish Minister for EU Affairs and Trade Ann Linde, by Henrik Henriksson President and CEO of Scania, Hamid Akbari Rad Member of the Board of Scania’s Iranian partner Oghab Afshan, the Governor of Isfahan and the Managing Director of Shahr-e Atiyeh." (February 12, 2017).

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"Once again Iran is about to become one of Scania´s biggest and most important markets. Last year about 990 trucks and 860 buses were delivered to Iranian customers in great need of modern, new vehicles. This weekend, Swedish Prime Minister Stefan Löfvén and EU and Trade Minister Ann Linde, accompanied by a heavy Swedish business delegation including Scania, will visit Iran." (February 10, 2017).

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"Iran is already one of truck and bus manufacturer Scania's biggest markets. Now the company's CEO also wants to export Swedish working values to the Islamic Republic... Scania... was one of the companies that chose to remain in the country during the period of economic sanctions, which led it having a large part of the Iranian market for trucks and buses. The company's competitors today are mainly Chinese manufacturers... Scania's CEO Henrik Henriksson... visited Iran seven times last year - more than any other country. But doing business with Iran remains subject to risk, says the CEO. The remaining US sanctions, those which are not subject to the nuclear agreement, affect financing options. Most banks do not want to risk US fines and are biding their time, reports TT. "It is no secret that it is difficult to do business. Channels must be opened if the market is really to take off," said Henriksson. The Scania boss believes that his firm could double its exports, which are expected to reach 3 billion SEK ($336 million) this year, if financing was made easier." (Local (Sweden), "We Want to Export Swedish Work Culture to Iran," 2/12/2017).

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"[Scania s]ays renews public bus systems in Iran... Says has signed an agreement in principle with Iranian province of Isfahan and Shahr-e atiyeh investment company on delivery of 1,350 buses for public transport for Isfahan and four other Iranian cities... Says he first of these new buses will be in operation at the end of 2017." (Reuters, "VW's Scania Says Renews Public Bus Systems in Iran," 2/12/2017).

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Scania is listed as a participating company at the 14th International Exhibition of Transportation & Urban Services & Related Industries which takes place October 27-30th, 2016 in Tehran Iran. (Participating International Companies)  

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"Scania is a well know brand within Iran for more than 40 years...Scania works closely together with their two Iranian distributors, Oghab Afshan our distibutor for Scania bus chassis and industrial engines and Mammut Diesel our distributor for Scania trucks." (Scania: Iran)

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The Scania global website lists a total of 34 dealers in Iran. (Scania Website, "Locate a Dealer:Iran")

Sandvik

Industry
Energy, Engineering
Value of USG Contracts
2
Value of USG Contract Source
http://www.usaspending.gov/explore?fromfiscal=yes&fiscal_year=2002&contractorid=251962&fiscal_year=&tab=ByNASDAQe&fromfiscal=yes&carryfilters=on&Submit=Go
Symbol
NASDAQ: SAND
States
NJ
Country
Sweden
Sources

Fortuna Construction Co. lists itself as the sole representative of Sandvik Mining and Construction in Iran on the company website

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Sandvik is a Swedish engineering firm specializing in tooling, materials technology, mining, and construction (Company Website).

An industry publication reported that in March 2010, Sandvik subsidiary Sandvik Process Systems, announced that it would be supplying the sulfur solidification and handling technology for the Pars Oil & Gas Company (POGC). The order is scheduled for delivery by the end of 2010 and is the third such deal Sandvik has secured. The latest order includes the company's Rotoform-based granulation technology and other equipment.

A Sandvik brochure obtained on the company's website features pictures of past mining and construction projects in Iran.

Response

“…suspended all business for the Iran Market from 10 August 2018. This suspension remains in effect today…Fortuna was previoulsy appointed as a third-party distributor for Sandvik in Iran. However this relationship was terminated…committed to putting ethics and sustainable business practices first, and we will always take steps to ensure our brand and repuation are protected…” (June 7, 2021)