Spain

"Islamic Republic of Iran Railways signed a memorandum of understanding with Spain’s Administrador de Infraestructuras Ferroviarias ADIF on Wednesday to cooperate in rail traffic control. ADIF is a Spanish state-owned company under the responsibility of the Ministry of Public Works and Transport, charged with the management of most of Spain’s railway infrastructure, including the rail tracks, signaling system and stations." (May 18, 2017)

GH Cranes & Components (“GH Cranes”) was listed as a sponsor of the 8th Iranian Steel Market Conference (the “Conference”) that took place in Tehran, Iran on January 30, 2018. (Donya e-Eqtasad Website, “About Conference”).

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Lists an office in Tehran, Iran.

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According to its website, "Iran is a major project for us in our international expansion, with a very attractive potential market and a human group that brings us to the challenge of turning the Persian country into one of our major markets." 

 In 2018 the U.S. state of Michigan listed Endesa SA as an Iran restricted company rendering Endesa ineligible for investment and/or state contracting.

Babcock was listed on the “Final Exhibitors List.” for the 24th Iran Oil Show that took place on May 1-4, 2019,

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Babcock Valves participated in May 2016 in the 21st Iran Oil Show Exhibit, held in Tehran between the 5th and the 8th.  "Our company has been in Iran for 27 years now, and the prospects indicate that this market is going to be very important in the future. Babcock Valves’ stand was honored with the visit of an adviser to the president of the National Petrochemical Company (NPC) of Iran, commissioned to the Ethics in business area (as depicted in the photo). As the managing director of Babcock Valves, José María Asín, told the Tehran Times, “Iran will play a prominent role in the world in the next decades. I think Iran will change a lot in a positive way and we have to be present here”. 

Aleastur's website notes that the company and "its suppliers, customers, agents, distributors, supplied Companies, freight forwarders, forwarding agents, logistic Companies, clients, and any other kind of collaborator of ALEASTUR group" are prohibited from engaging in business with Iranian entities.

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We noted the attendance of Asturiana de Aleaciones, S.A. (“Aleastur”) at the 4th International Iran Aluminium Conference (the “Conference”) on May 11-12, 2016 in Tehran.  Aleastur confirmed to UANI it is not considering any investments or any other undertakings in Iran nowadays, nor in the future.

"Volkswagen's Spanish subsidiary Seat is considering selling its cars in Iran to broaden its reach beyond the crowded European market, its chief executive said on Tuesday. Seat has been invited by the Spanish government to explore opportunities in Iran but entering the market would require major investment and only work in conjunction with Seat's German parent VW, Chief Executive Luca de Meo told Reuters. "It's not a market where we can go alone," de Meo said at the Geneva auto show. "We have to see what our sisters and brothers are doing. We are analysing the situation but nothing concrete is on the table." French carmakers once dominated the Iranian market and both PSA and Renault are ramping up investment and production there after an international deal to lift sanctions in return for curbs on Tehran's nuclear activities. Western and Japanese carmakers that had previously avoided Iran are also eyeing its potential and Iran's deputy industry minister told a conference in Tehran last month that VW may soon finalise a production deal with an Iranian company." (Reuters, "VW's Seat Considers Selling Cars in Iran," 3/10/2017).

According to the website of the Iranian company Pars Sarralle, "Pars Sarralle Company is a joint venture between Nasir energy goStar Industrial & Construction Co., and Sarralle." 

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Sarralle’s sponsorsed the 9th Iran Steel Market Conference (“ISMC”), which took place on January 29-30, 2019, in Tehran, Iran. Among the other sponsors of ISMC are several Government of Iran (“GOI”) entities including the Iranian Mines and Mining Industries Development and Renovation Organization (“IMIDRO”).

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Sarralle Group (“Sarralle”) was a sponsor and speaker in the 8th Iranian Steel Market Conference (the “Conference”) that took place in Tehran, Iran on January 30, 2018, (See Appendix). (Donya e-Eqtasad Website, “About Conference”).

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"Managing Director of Spain’s Sarralle Equipos Siderogicos Javier Esquiroz, CEO of Germany’s SMS Group Burkhard Dahmen, Russia’s INTECO Chairman and CEO Harald Holzgruber as well as Market Analyst in Turkish Steel Exporters Association Cihan Akdeniz were foreign guests who presented lectures on the opening day of ISMC 2017...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. " (Mehr News Agency, "Iran's Steel Market in 'New Normal' Era," 2/17/2017).

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Sarraelle subsidiary, Pars Sarrelle Company, is a joint venture between Nasir energy gostar Industrial & Construction Co. (NICC) and Sarraelle Group. Pars Sarralle has a factory located at Shams Abbad industrial area which is about 20,000 square meters with 10,000 square meters sheltered Area. In order to produce latest technology equipments according to European quality standards, the best machines and facilities are equipped in the mentioned factory. (NICC Website,  "Pars Saralle Company is a joint venture between Nasir energy gostar Industrial & Construction Co. (NICC) and Sarralle Group").

"Iranian media reported in March 2016 that Barakat Pharmed had signed a $15 million deal for Spain-based pharmaceutical company Chemo Group to buy a 65 percent stake in a Barakat subsidiary. A 2016 Barakat annual report states that 65 percent of shares of Ati Pharmed, previously owned by Barakat and Alborz Investment Group, a Barakat subsidiary, were transferred to Chemo. A person familiar with Ati Pharmed affairs confirmed the transfer. Chemo officials did not respond to requests for comment." (Reuters, "Post-Sanctions Deals with Iranian Firms Linked to Khamenei," 1/19/2017).
 

"Telepizza, the largest non-US-based pizza delivery company in the world by number of stores, has announced further expansion, with the opening of its first Iranian store in Tehran’s Marzdaran Boulevard, with two other stores set to open by the end of the month." (July 1, 2017)

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"Spanish fast food chain Telepizza plans to open 200 branches in Iran in the next 10 years, with the first due to be ready to trade by March next year in Teheran... It will be the only western-run fast food chain to launch in the Muslim country..." (thinkSPAIN, "Telepizza to open in UK, Iran and Saudi Arabia next year," 12/1/2016).