In 2017 the U.S. state of Michigan listed Tonengeneral as an Iran restricted company rendering Tonengeneral ineligible for investment and/or state contracting. 

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"Japanese oil refiner TonenGeneral Sekiyu has bought its first oil from Iran since becoming independent from U.S. oil major Exxon Mobil Corp, three industry sources familiar with the matter said.The company bought the Iranian spot cargo through a trading house due to attractive pricing and the shipment arrived Japan earlier this month, the sources said.TonenGeneral, formerly a unit of Exxon Mobil, previously could not buy Iranian oil due to its affiliation with the U.S. oil company.TonenGeneral Sekiyu, an aggressive buyer of cheaper crude grades, is known for having one of Japan's highest ratios of spot crude compared to term volumes, and will consider buying more Iranian oil depending on economics, the sources said." (Reuters, "Japan's TonenGeneral buys first oil from Iran - source," 7/28/2016)

"Tekhnopromexport, part of Russia's state industrial conglomerate Rostec, has become the first Russian company to win a large, firm contract with Iran after the end of Western sanctions on the Islamic Republic, the business daily Kommersant writes... The company will build a thermal power plant with a capacity of 1.4 gigawatts (1.4 billion watts) in the port city of Bandar Abbas in about five years... The project is estimated at 1 billion euros ($1.12 billion) and will be financed through a Russian export loan... Kommersant cites analysts as saying that Tekhnopromexport will find it hard to earn on this project and call it a largely political one... Despite growing political ties between Moscow and Tehran, economic cooperation between the two nations faces snags on a number of fronts, including project financing... Iran insists that Russia issue loans to fund joint projects which include Russian contractors... Reuters has not verified this story and does not vouch for its accuracy." (Reuters, "MEDIA - Russia wins first large contract in post-sanctions Iran - Kommersant," 8/1/2016).

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"A subsidiary of Russian state defence company Rostec, United Engine-building Corporation (UEC), is preparing a 50-70 billion rouble ($635-890 million) supply contract with Iranian oil firm Kala Naft Tehran, Russia's TASS news agency reported on Wednesday. If successful, the contract would further strengthen commercial ties between Moscow and Tehran after the rolling back of Western sanctions on Iran over its nuclear programme last month. A top adviser to Iran's Supreme Leader Ayatollah Ali Khamenei, Ali Akbar Velayati, said in Moscow last week Iran and Russia had initialled contracts worth around $40 billion for projects including power-engineering and railway works. 'We have a framework contract with Kala Naft - a subsidiary of the National Iranian Oil Company,' TASS quoted UEC Deputy General Director Sergei Mikhailov as saying. 'We see supplies for a large number of devices, for energy and gas-pumping projects.'" (Reuters, “Russian engine firm, Iranian oil company eye 50-70 bln rbl contract,” 2/10/2016)

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"On Monday, Iran's Minister of Industry, Mining and Trade, Mohammad Reza Nematzade, and his Russian counterpart, Denis Manturov, opened an industrial exhibition in Tehran. The three-day fair by Russian industrial holding Rostec State Corp, along with hundreds of business leaders, aims to introduce Russian industries to Iran, state television's website reported. Rostec owns 700 enterprises, organised into 14 holding companies, and nine of which are focused on the military. Russia is 'not afraid' of Western economic delegations trying to dominate Iranian markets after the lifting of sanctions, a Rostec official said Tuesday... Iranian engineers were examining the Sukhoi Superjet 100, in which the Russians travelled, Kladov said. 'If we can technically satisfy' Iran, a possible number 'around 100 aircraft' would be sold to Iran, he added. Rostec Helicopters was also in talks with Iran to sell new Russian medical helicopters. Rostec will also repair and upgrade a fleet of 50 Russian helicopters now operating in Iran." (AFP, "Work on new Russian nuclear reactors in Iran 'to start next week,'" 12/22/15)

"United Against Nuclear Iran (UANI) applauded global business leader Lockheed Martin for announcing that it will not pursue business opportunities in Iran. Following press reports that the company was exploring the possibility of selling commercial helicopters to Iran, UANI CEO Ambassador Mark D. Wallace wrote a letter to Marillyn A. Hewson Chairman, President, and Chief Executive Officer of Lockheed Martin Corporation, urging the company to reconsider its reported engagement with the Iranian market. The company responded to UANI, clarifying Lockheed Martin’s position that consistent with U.S. Government policy, the company would not be pursuing business opportunities in Iran." (UANI Press Release, "United Against Nuclear Iran Applauds Lockheed Martin Decision to Forego Business in Iran," 8/4/2016).

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"Global defense technology giant Lockheed Martin says it will not look to capitalize on the Iranian market, despite reports saying it was exploring the possibility of selling helicopters. The company, which is headquartered in Bethesda, Maryland, released a brief statement regarding Iranian sales in June. 'Consistent with U.S. Government policy, Lockheed Martin is not pursuing business opportunities in Iran.' Reuters reported in June the company was seeking guidance from the U.S. government when it considered selling commercial helicopters through Sikorsky, which Lockheed Martin purchased in 2015." (WaayTV, "Lockheed Martin: 'Not pursuing business opportunities in Iran,'" 7/5/2016).

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“Lockheed Martin Corp, the largest U.S. arms maker and parent of Sikorsky, has begun to study the possibility of selling commercial helicopters to Iran, but said the market may be small and the company still needed guidance from the U.S. government. Lockheed, along with Boeing Co , is one of the first major U.S. aerospace companies looking into selling to Iran for the first time since U.S. sanctions were imposed following Iran's Islamic Revolution of 1979. European aircraft manufacturers already are starting to get orders from Iran after sanctions were lifted on Jan. 16. Nathalie Previte, vice-president of sales and marketing for Sikorsky, said the company had received numerous inquiries from existing customers, including leasing companies and operators, interested in possible helicopter operations in Iran.Sikorsky's S-76 and longer-range S-92 commercial helicopters could be options for Iran, Previte said, although she added that the country has little of the offshore drilling activity that drives helicopter demand in the oil and gas sector. ‘I want to understand the U.S. government’s policy about what can be done and what can we not do, and really clear everything with the U.S. government even before we start completing the analysis,’ Previte told Reuters at the Berlin Air Show. Previte's comments marked the first time Lockheed has acknowledged looking into possible sales to Iran.” (Reuters, “Lockheed taking cautious look at Iran helicopter market,” 6/4/2016)

"On May 11, 2017 IKCO unveiled several agreements with international automotive companies, namely Pininfarina, Mahle group, Hyundai PowerTech, Punch Powertrain and Benteler Automotive." (October 2017).

"Iran’s leading car manufacturer Iran Khodro and the German automotive parts manufacturer MAHLE GmbH signed a deal for jointly design and manufacturing of three-cylinder car engine. Under the deal, worth 5000 billion rials (one USD makes 30,958 rials) three-cylinder engines with power output of 120-160 HP (Horsepower) and fuel consumption of 4.7 litres per 100 kilometers will be manufactured jointly, the official website of Iran Khodro Almost 350,000 engines which correspond to the Euro 6 standards will be produced per year in Iran.Under the deal, the manufacturing technology and know-how will be transferred to Iran step by step.The design and manufacturing process is scheduled to be completed within 30 months." (Trend News Agency, "Iran, Germany sign deal to manufacture 3-cylinder car engine," 8/5/2016).

Lists PGt Advertising as its trusted affiliate partner. "Brief Description: PGt is a multi-marketing solutions agency in Iran. We excel at Marketing in Iran which includes everything from Creative, Media Buying, Brand Management, PR & Event Management, and marketing strategy consultations. We offer global ideals and experience coupled with local knowledge and culture."

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"In an effort to expand into Iran, London-based Grayling has signed an affiliation agreement with Tehran-based advertising and marketing comms firm PGt Advertising...“The agreement will see both agencies working together to provide a full range of communications services to current mutual clients, while extending PGt Advertising’s global network and allowing Grayling to offer clients premium PR and communications services in Iran,” said PGt Advertising in a statement... "The signing of this affiliation agreement between PGt Advertising and Grayling is another step in the right direction for us and we are extraordinarily excited to be accepted into such a successful global communications network” said Sam Cordier, Managing Director of PGt Advertising.“As Iran opens up its arms to the world, we are proud to be able to offer our clients a truly integrated international communications reach and quality of service.” (Branding in Asia, "Grayling Opens Iran Office Through Partnership with PGt Advertising in Tehran," 8/8/2016).

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In August 2016, Grayling “signed an agreement with PGt Advertising [of Iran] to work together on integrated communications, public affairs, design, and market development services in Iran.” The arrangement “will see the extension of the Tehran-based agency’s global network while allowing Grayling access to PGt’s clients and capabilities in Iran.” (Gulf Business, “Grayling moves into Iran with PGt partnership,” 8/1/2016).