AF Group
The AF Group is an engineering consultancy firm, with over $708 million in net sales in 2009. The AF Group advertises its services for "industrial processes, infrastructure projects and the development of products and IT systems." It has approximately 4,000 employees and its business base is in Europe (Company Website).
In 2007, the AF Group acquired Swiss energy consulting company Colenco, establishing a strong foothold in the energy industry. Colenco maintains a strong presence in Iran, establishing a representative office in 2004 to construct a power plant in Iran. This project is detailed on the company's website, where Colenco also notes that it "anticipates a long term commitment to the development challenges of Iran."
Receive Iran News in Your Inbox.
Eye on Iran is a news summary from United Against Nuclear Iran (UANI), a section 501(c)(3) organization. Eye on Iran is available to subscribers on a daily basis or weekly basis.