In 2017, CalSTRS designated SKF AB as “Under Review” for reportedly providing bearing and lubrication products to Iran CalSTRS maintained the “Under Review” designation in 2018.
Lists SKF Eurotrade AB - Iran on its company website as its location in Iran.
“'Iran is a country with both car and oil industries, and a lot of other industrial sectors as well,' said Alrik Danielson, head of SKF, the ball bearings giant. 'If all sanctions and obstacles to business disappear, it will naturally be a positive development for us.'" (The Local, "Swedish CEOs see big Potential in Iran," 7/19/15)