UANI

Voestalpine AG is an international steel company based in Austria, with revenues of 11 billion euros as of 2010. Voestalpine manufactures steel and steel products for the railway, automative, tool, and energy industries (Company Website).

An Iranian company, Tajhiz Sanat Hezareh, also known as MIP Ltd., advertises itself as "the exclusive agent of Voestalpine" and supplies "heavy plates, clad plate heads, cones, welding consumables and superalloys in demanding industries like oil, gas, petrochemical, refinery, and power" (Tajhiz Sanat Hezareh).

Additionally, Iran Petrotech, a state-owned subsidiary of the National Iranian Oil Company, advertises a full product catalogue from Voestalpine on its website, focusing on steel components for the manufacture of oil pipelines, tankers, and offshore drilling platforms (Iran Petrotech).

A Voestalpine subsidiary, Bohler Welding Group, has two offices in Iran. Bohler manufactures products for the oil, petrochemical, energy, and steel industries.

Referenced as an international bank providing services to 'deficient' Iranian banks. (Avi Jorisch, "Iran's dirty banking," 2010)

In correspondances with the SEC, HWG disclosed few details regarding their business in Iran

“HWG maintains a branch office in Iran that is dedicated to meeting the service requirements of existing customers in that region, primarily through the provision of spare parts.  Its involvement in Iran has primarily consisted of the provision of product upgrades and spare parts, such as thrust rollers, spring elements and rotary kilns, and some equipment supply, including the supply of clinker production lines, cement production lines and cement plant equipment, primarily for entities involved in the cement industry.” (CORRESP for KHD HUMBOLDT WEDAG INTERNATIONAL LTD, 1/7/2010)

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“The Company currently engages in business, primarily the provision of spare parts, with companies located in Iran.” (CORRESP for KHD HUMBOLDT WEDAG INTERNATIONAL LTD, 10/29/2009)

Austrian Airlines offers daily flights between Tehran's Imam Khomeini Airport (IKA) and Vienna International Airport (VIE) ( company website).

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The airline is a subsidiary of Deutsche Lufthansa, the flag carrier of Germany, which also offers daily flights to Tehran's Imam Khomeini Airport.

"This year, 166 Chinese companies are present at the fair compared to 100 companies last year,' a senior oil ministry official said. 'The number of foreign companies are up 35 percent,' to 496 out of the total 1,550, he said. He said that despite UN sanctions and bilateral punitive measures by the United States and the European Union against Iran, 'Germany is present with 64 companies, Italy with 36, Britain with 37, Spain with 14, France with 15 and South Korea with 33 companies.' Major Western energy groups such as Total of France, Norwegian Statoil and OMV of Austria, who have withdrawn from Iran, made a 'symbolic' appearance at the fair." (AFP, "Chinese Firms Dominate Iran Oil Exhibition," 4/15/11)

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"Oil and gas group OMV has not renewed a fuel supply contract with Iran's state airline because of international sanctions against the Islamic Republic, an Austrian newspaper reported. The move means Iran Air planes can no longer fill up at Vienna airport, the Wiener Zeitung reported in its weekend edition. The contract expired on March 23, it said." (Reuters, "Austria's OMV Ends Iran Air Fuel Contract," 3/27/10)

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"The U.S. Congress is moving toward passing a bill that would strengthen sanctions against Iran over that nation’s nuclear activities by putting greater pressure on Iran’s oil and gas sectors, both of which have underpinned Iranian President Mahmoud Ahmadinejad’s administration. Other companies named in the list, which was announced Thursday, include Austria’s OMV AG..."(Asia News Net, "Japan firms may face U.S. sanctions over Iran," April 25, 2010) 

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"The enormous New York State Common Retirement Fund plans to divest $86.2 million in investments from nine companies doing business in Sudan and Iran...The decision comes after two years of reviewing these companies, the potential risk of the investments and, in some cases, humanitarian efforts in these countries.'We don't expect our investments to benefit regimes that support genocide and terrorism,' said DiNapoli. The fund plans to divest out of $86 million in Gazprom (OGZPY), Inpex (1605.TO), Lukoil (LUKOY), Oil And Natural Gas Corp (500312.BY), OMV (OMVKY), Petroleo Brasilia (PBR), Statoil (STO), Wartsila OYJ and Sinopec Corp. DiNapoli said the firms were chosen because 'they failed to respond or we were not satisfied with their responses' when asked to provide information to the fund on the investments and their risks. (Dow Jones Newswires, "NY Comptroller To Divest $86.2M In State Pension Fund Investments," 6/30/09)

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"When Austria-based energy company OMV AG saw a chance to develop a lucrative Iranian gas field in April, it jumped at the $18 billion deal despite strong opposition from the U.S." (The Wall Street Journal, "U.S. Sanction Threats Make Little Headway," July 12, 2007)