ONA Electroerosion


"Spanish officials said the company targeted in their investigation, ONA Electroerosion SA, sent to Iran, via through a Turkish-registered intermediary, seven multi-ton machines used in the manufacture of turbine propellers for energy generation, among other things... A person who answered the phone on Monday at ONA's headquarters said executives were in a meeting and wouldn't comment... ONA is a leading manufacturer of electrical discharge machining equipment, a kind of industrial tool used to make production parts for the electronic, aerospace and auto industries... The case against ONA was the second major crackdown in 18 months on Spaniards allegedly doing business with Iran." (The Wall Street Journal, "Spain Raids Company Over Suspected Iran Exports," 11/26/2012)