Transportation Infrastructure

BNSF Railway

Industry
Transportation Infrastructure
States
TX
Country
USA
Sources

According to its quarterly report filed with the SEC in 2016: "We are making the following disclosures under Section 13(r) of the Exchange Act because our management recently became aware that one of our foreign subsidiaries made sales through a third-party distributor to customers in Iran that include or may include parties (the “Iran Parties”) that meet the definition of the “Government of Iran” under Section 560.304 of 31 C.F.R. Part 560. Based upon currently known information, total revenues to our subsidiary from sales to the Iran Parties, which took place from June 2013 through November 2015, were approximately $45,000, and the total net income attributable to those sales was approximately $2,500.

Our subsidiary has stopped all shipments to the Iran Parties, and the subsidiary does not intend to continue sales to, or engage in other dealings with, the Iran Parties. On May 6, 2016, we submitted initial notifications of voluntary self-disclosures to the U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”), and the U.S. Department of Commerce, Bureau of Industry and Security (“BIS”). We will submit further information to OFAC and BIS after completing an internal investigation, which we are conducting with the assistance of outside counsel, and we intend to cooperate fully with both agencies."

Transmashholding

Industry
Transportation Infrastructure
Country
Russia
Sources

Signed a MOU in 2017 with the Industrial Development & Renovation Organization of Iran (IDRO) for joint production of railcars in Iran with Russian financing.263 Pursuant to the MOU, the company signed a €2.5-billion deal with IDRO in 2017.

RZD International

Industry
Construction
Country
Russia
Sources

According to its company website, RZD has sa branch office in Tehran, Iran. (6/14/2019)

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Commenced a €1.2-billion project to electrify the railway system from Garmsar to Ince-Burun in July 2018. The main contractor on the project is Russian Railways’ subsidiary, RZD International LLC

Matisa

Industry
Transportation Infrastructure
Country
Switzerland
Sources

"Iran's state rail company has signed a memorandum of understanding with Switzerland’s rail tracks maintenance machines manufacturer Matisa for obsolescence management, Tasnim news agency reported on Wednesday." (Press Tv, "Swiss Rail Company Matisa defies US with Iran deal," 6/20/2018.)

Response

"I can confirm that there is no contract in place between IRAN and MATISA. I declare that what is quoted in your 2nd paragraph “…And at this stage, it will continue to operate in Iran regardless of US sanctions…” (Press TV, “Swiss rail company Matisa defies US with Iran deal,” 7/20/2018) “ is not what I said and is therefore a fake news." (11/1/2018)

Administrador de Infraestructuras Ferroviarias (ADIF)

Industry
Transportation Infrastructure
Country
Spain
Sources

"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)

National Ferries Company (NFC)

Industry
Transportation Industry
Country
Oman
Sources

Operates a direct ferry route between Oman and Iran.

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"In an effort to boost maritime trade links between the Sultanate and Iran, senior management at Ithraa’s Bandar Abbas office assisted Oman’s National Ferries Company (NFC) open a sales and service representative office in the southern Iran city." (Oman Observer, "Oman, Iran sign trade MoU," 10/13/2016).

Aéroports de Paris (ADP)

Industry
Transportation Infrastructure
Symbol
FP: ADP
Country
France
Sources

"The company as well as its fellow French partner Aeroports de Paris, however, canceled the $2.8 billion agreement in 2017, citing failure to get financial backing from international banks, which are still wary of US sanctions over their activities in Iran."

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In February 2017 Aeroports de Paris pulled out of the project to develop a new terminal at Iran’s airport.  

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Aéroports de Paris, within its consortium, has signed a memorandum of understanding to develop Iman Khomeini International Airport in Teheran. (January 28, 2016).

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"European companies are promising billions in new deals in Iran—€5.7 billion from Italian steelmaker Danieli and more than €300 million from French car builder PSA Peugeot Citroën, among others—as Iranian President Hassan Rouhani works to revive trade and political ties on the Continent this week. Mr. Rouhani landed in Rome on Monday on his first overseas trip since the European Union lifted sanctions on Jan. 16 in return for Tehran’s implementation of key restrictions on its nuclear program. The trip will take Mr. Rouhani from Vatican City—marking the first meeting between an Iranian president and a pope since 1999—to the gilded halls of Paris’s Élysée Palace. With a number of U.S. sanctions still in place, European countries are moving quickly to re-establish ties to sell everything from consumer goods to aircraft. Italian and Iranian companies signed deals valued at about €17 billion ($18.36 billion) late Monday ahead of a formal dinner between Mr. Rouhani and Italian Prime Minister Matteo Renzi. Earlier in the day, Italian steel firm Danieli said it would sign deals valued at about €5.7 billion during the visit. Other firms signing agreements on Monday included oil-field services company Saipem SpA, energy group Ansaldo Energia and ship maker Fincantieri SpA... In France, auto makers, airport operators and construction firms were primed for a raft of accords when Mr. Rouhani visits French President François Hollande on Thursday. French car maker Peugeot is expected to complete an agreement to manufacture cars in Iran as part of a 50-50 joint venture with auto maker Iran Khodro valued at more than €300 million, according to a person familiar with the matter... In opening its doors for business, however, Tehran is demanding European firms locate technological know-how and factories inside Iran to revive the country’s hobbled job market. Another key plank of Iran’s ambitions is the revamping of its creaky aviation industry. Iranian officials say they plan to buy more than 100 new jets from Airbus Group SE to replenish the country’s small and poorly maintained commercial passenger fleet. Mr. Rouhani’s meeting with Mr. Hollande in Paris on Thursday is timed to the unveiling of about €400 million in contracts to expand Iran’s aging airports for increased tourism and business traffic, one of the people familiar with the matter said. Tehran is expected to tap French airport operator Aéroports de Paris and construction-and-media conglomerate Bouygues SA to design and build a new terminal at Tehran’s Imam Khomeini International Airport, according to the people. French construction firm Vinci SA will develop and operate airports in Mashhad and another Iranian city, the people said... Just minutes after Mr. Rouhani landed in Rome, Italian airline Alitalia SpA said it would boost the number of flights between Rome and Tehran from four times a week to daily, starting March 27." (Wall Street Journal, “Iran President Visits Europe to Seal Post-Sanctions Deals Worth Billions,” 1/25/2016)

Gavio

Industry
Transportation Infrastructure
Country
Italy
Sources

"Beside FS, oil major Eni, electricity and gas distributor Enel, oil contractor Saipem, steel firm Danieli, infrastructure firm Condotte d'Acqua, rail and road company Gavio, and airplane manufacturer Finmeccanica are the companies which have undertaken big ticket investment plans in Iran." (July 2017)

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"A senior Italian official said companies in Italy would sign about €17bn worth of deals when Mr Rouhani comes to Rome on Monday on the first leg of his European tour. Among the beneficiaries would be pipeline company Saipem with €5bn in contracts, as well as Danieli, a supplier to the metals industry, Condotte, a water infrastructure company, and Coet, a construction company. Shipbuilders Gavio and Fincantieri were also set to sign deals, the official said... The Italian official said the agreements to be signed on Monday were 'just the beginning' and top executives from several other large Italian companies, such as Eni, Enel, Finmeccanica and Ferrovie dello Stato, would also participate in the meetings in Rome to iron out potential deals." (Finacial Times, “Iran plans to buy 114 Airbus jets on Rouhani’s Europe visit,” 1/24/2016)

SNCF

Industry
Transportation Infrastructure
Country
France
Sources

"Signed a MOU for cooperation on developing Iranian railways in 2017." (“Tehran, Paris ink railway coop. agreement,” Mehr News Agency (Iran), February 20, 2017.")

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In a separate agreement, which was also signed in Paris on January 27, French National Railways (SNCF) will support Iranian Islamic Republic Railways (RAI) in the redevelopment of key stations, suburban rail projects in major cities, Iran's high-speed programme, and the organisational restructuring of RAI. (January 29, 2016).

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"France and Iran hailed a set of business tie-ups and export deals on Thursday including the sale of dozens of Airbus planes and a car factory revamp that re-ignites a decades-old relationship between Tehran and carmaker Peugeot. The deals, some of which were not yet finalised, were announced at a Franco-Iranian business forum attended by Iranian President Hassan Rouhani and a host of ministers and business leaders. The visit follows a deal between Iran and the west on the middle-eastern country's nuclear program that resulted in the lifting earlier this month of trade sanctions. With four business arrangements flagged by France's main industry body including the PSA Peugeot Citroen tie-up and a plan to sell over 100 Airbus passenger planes, French Prime Minister Valls said there would also be agreements signed in the areas of health, agriculture and the environment. The deals come despite a background of continued diplomatic tension with France, one of Iran's fiercest critics during the sanctions-lifting talks, and as human rights protests against the visit took place in the French capital. 'Let's forget past differences and start anew,' Rouhani said in a speech to the forum. Exactly what stage the Airbus deal was at remained unclear on Thursday, but French officials said Iran was putting the finishing touches to the deal... Pierre Gattaz, head of France's Medef employers association, said French national railway operator SNCF and aluminum company Fives were also expected to unveil deals. 'Iran's needs are enormous,' Gattaz told reporters. 'Iranians need everything. The country is not starting from scratch, it's got a very educated workforce, a real development potential.'" (Reuters, “Protesters march, France eyes business deals as Iran's Rouhani visits,” 1/28/2016)

China National Transportation Equipment & Engineering Co. (CTC)

Industry
Transportation Infrastructure
Country
China
Sources

China's National Transportation Equipment & Engineering Co is close to agreeing with Tehran on a $3 billion railway project to connect the capital with the northeastern holy city of Mashhad, a Chinese source familiar with the talks told Reuters. (Reuters, “Big Guards-owned company may lose out as Iran economy, politics shift,” 5/26/2016)