Austria

Advantage Austria

Industry
Trading
Country
Austria
Sources

Advantage Austria's website states that "Advantage Austria in Tehran also functions as the Commercial Section of the Austrian Embassy in Iran. For more than 50 years we have been enhancing the profile of Austria as an investment location, a high-tech manufacturing base and a renowned source of innovative products and custom-tailored business solutions."

Comfin Software

Industry
Technology
Country
Austria
Sources

ComFin Software GmbH (“ComFin”) is listed as an exhibitor at the 24th International Oil, Gas, Refining and Petrochemical Exhibition (“Iran Oil Show”), which will take place at the Tehran International Permanent Fairground on May 1-4, 2019. (Iran Oil Show 2019 Website, “Exhibitors”).

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ComFin, Austria’s only provider of trading and risk management software (E / CTRM) for the oil and natural resources industry, wants to tackle the current political conflict between the Trump administration and China and Iran take advantage of new development contracts. Since most of the competitors have a strong US connection, the Vienna-based company sees large order potential in Tehran and Beijing, according to ComFin CEO Gerald Neher. (11/22/2018)

Response

The general feedback we have received from Iranian companies was that there is currently little interest in our solutions, as their trading business has been minimized due to the sanctions imposed by the US. However, we hope this will change once and if the sanctions are lifted. (May 6, 2019).

Lagermax

Industry
Automotive
Country
Austria
Sources

Lagermax Lagerhaus und Speditions AG (“Lagermax”) was included among the list of “Partners, Sponsors & Participants” of the 4th Iran Automotive Industry International Conference in Iran (“IAIIC”), which took place at the International Conference Center in Tehran’s Milad Tower on February 12-13, 2017. (IAIIC, “4th Iran Automotive Industry International Conference”).

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The Austrian forwarding company Lagermax has resumed its service to Iran and now offers weekly departures from Salzburg to that country in collaboration with its Teheran-based partner Teen International Transport. (7/31/2015)

Andritz Hydro AG

Industry
Manufacturing
Country
Austria
Sources

Andritz Hydro AG was identified as potentially providing hydropower equipment in Iran.

In 2017, CalSTRS designated Andritz Hydro AG as “Under Review” for potentially potentially providing hydropower equipment in Iran. CalSTRS maintained the “Under Review” designation in 2018.

Response

On June 2, 2020, Andritz confirmed to UANi that it has refrained from doing business in Iran.

LMF

Industry
Manufacturing
Country
Austria
Sources

"Despite some problems as regard money transfer in sanction era, we were committed and delivered required equipment to Iranian side. In spite of the fact that after Trump’s decision situation will become more difficult for us but we aim to stay in Iran, he said. Director of Austrian manufacturer ‘LMF’ Hans Stibi said the company will not leave Iran when US withdraws from Iran nuclear deal." (IRNA, "Austria LMF won’t leave Iran after Trump quits JCPOA," 9/5/2018.)

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"The first technology transfer deal to build gas compressors has been signed between TAPCO and the Austrian LMF, managing director of TAPCO said. "Collaboration between TAPCO—an engineering, trading and service firm—and LMF—an Austrian manufacturer of reciprocating and rotary screw air and gas compressors for industrial and oil and gas industry applications—started two years ago," Shahram Alvandi was quoted as saying by Shana, the National Iranian Oil Company's news agency." (Financial Tribune, "Austrian LMF to Transfer Compressor Technology to Iran," 5/13/2018).

 
Response

"LMF Management is fully aware of its responsibility towards the implications of doing business with I.R.Iran. In line with the above, LMF has stringent intra-company compliance regulations in place." (2/1/2019).

HOT Engineering

Industry
Engineering
Country
Austria
Sources

"The Industrial Development & Renovation Organization of Iran (IDRO Group) has signed a deal with Austria’s HOT Engineering for carrying out studies on Susangerd Oilfield in Iran. The group had previously signed a cooperation deal with the National Iranian Oil Company (NIOC) for developing the field. The document entails putting together a master development plan […]" (December 2017)
 

Erne Fittings

Industry
Industrial Metals
States
TX
Country
Austria
Sources

Iranian oil, gas, petrochemical and power industries services company Petrokalooj cites Erne Fittings as a supplier on its website.

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Erne is advertised  as a participant in the 4th International Exhibition on Wire & Cable, Rod, and Tube Industry (“Iran Wire 2017”) that took place on December 6-9, 2017.

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"Every two years, Erne Fittings exhibits at Tube in Dusseldorf (Germany) and at Stainless Steel World in Maastricht (Netherlands), as well as annually at ADIPEC in Dubai (UAE). What's more, our senior managers visit trade fairs in a range of other countries, such as Iran and Singapore." 

Response

Response: "We hope, that we could convince You, Mr. Ambassador, that we have nothing to do with the telecoms sector, that we are not directly steering this trade initiative but just responding to an invitation of the Austrian Chamber of Commerce and that we strictly observe all sanction rules of the US and the EU.”