Sofrecom

Industry
Telecommunications
Country
France
Sources

"Sofrecom, an indirect wholly-owned subsidiary of Orange S.A. that is incorporated in France provides consulting services in the telecom field, including with respect to networks and marketing. In 2016, Sofrecom provided certain services to and/or engaged in transactions with ZAIEM, MCCI, TCI, NAK and MobinNet which fall or may fall within the definition of the government of Iran. Globecast, an indirectly, wholly-owned subsidiary of Orange SA that is incorporated in France, operates a global satellite and fiber network to manage and transport video and other media of its customers for delivery to direct-to-home satellite platforms:  cable, IPTV, mobile and broadband head-ends. Following the waiver of certain sanctions against the Islamic Republic of Iran Broadcasting (IRIB) in February 2014, and while IRIB remains a specially designated national (SDN), Globecast entered into two satellite broadcast agreements with the IRIB ending respectively on June 9, 2017 and July 31, 2018 (agreements subject to renewal).Telecommunication services are provided by the Enterprise operating segment (through indirect wholly owned subsidiaries of Orange SA) to certain international public organizations and multinationals in Iran solely to carry out telecommunications services that are otherwise authorized." (2017

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Sofrecom, an Orange subsidiary, has developed over 50 years unique know-how about operators’ businesses, making it a world leading specialist in telecommunications consultancy and engineering. ("Company Website")

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"France’s Orange SA has entered preliminary talks to buy a piece of Iran’s largest cellular operator in what would mark the first acquisition of a stake in a major Iranian firm by a Western company since nuclear sanctions were lifted in January. Orange, France’s largest telecom company, is one of several European companies that have held discussions about taking a stake in Mobile Telecommunication Co. of Iran, according to people familiar with the matter. The names of the others couldn’t immediately be learned... The Paris-based company is discussing a commercial and technical agreement as well as a share purchase, the people said. Orange, which is 23%-owned by the French government, is navigating difficult straits as Iran strains to open its markets up to the West. It needs to squeeze financing for a potential deal out of Western banks that are fearful of being hit by remaining U.S. sanctions. In addition, MCI’s parent company, Telecommunication Co. of Iran, or TCI, is owned by a group of companies that in some cases lead back to Iran’s Revolutionary Guards Corps, a paramilitary force that runs large swaths of the Iranian economy and remains under U.S. sanctions for its alleged involvement in terrorism, an accusation it denies... Orange has been planning its move into Iran for years. Its consultancy unit, Sofrecom SA, has provided technical assistance to TCI and advised its management since at least 2014, according to invoices reviewed by The Wall Street Journal." (The Wall Street Journal, "French Carrier Pursues Stake in Iranian Wireless Firm," 08/31/2016).

Baumüller Group

Industry
Automotive
Country
Germany
Sources

Baumüller Nürnberg GmbH’s (“Baumüller”) participated in the 11th and 12th Int’l Exhibition of Iran Plast (“Iran Plast ”) which took place at the Tehran International Permanent Fairground.

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Baumüller Group lists an office location in Tehran, Iran on its company website.

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Baumüller Group is listed as part of the Bavarian delegation that visited Iran in November 2015 to expand trade relations.

HEITEC AG

Industry
Technology
Country
Germany
Sources

According to its website, Iranian company Fatehin Sanat supplies, plans and installs products of Heitec.

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HEITEC participated in the Bavarian Delegation that traveled to Tehran, Iran in November 2015 for talks on ways to promote mutual trade in a post-sanctions era.

Zorlu Energy

Industry
Energy
Country
Turkey
Sources

Zorlu Holding's "CEO Ömer Yüngül explained that the company will invest energy in the region [Iran]. Zorlu's investment was an energy of 5,000 MW. "

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"Turkish electricity producer Zorlu Enerji may build gas-fired power plants in Iran as Turkey’s eastern neighbor is seeking to attract investors after decades of economic sanctions. The company is in talks with Iranian authorities for the project and a concrete plan may be announced this year, said Omer Yungul, chief executive officer of Zorlu Holding that owns the Istanbul-based company, formally known as Zorlu Enerji Elektrik Uretim AS. Zorlu Enerji ... plans to invest “a sizable amount” in Iran, Yungul said in an interview in Istanbul. The total capacity of the power plants may be similar to plans by Unit International, owned by Turkish investor Unal Aysal, to build power plants costing $4.2 billion in Iran, he said." (Bloomberg, "Turkey's Zorlu Enerji Considers Building Power Plants in Iran," 9/6/2016).

SOLARWATT

Industry
Energy
Country
Germany
Sources

German company SOLARWATT GmbH, one of the pioneers of the solar industry, has plans to start projects in Iran by constructing a 30 megawatt solar power plant… Abolfazl Mousavi Fazel, representative of SOLARWATT, said the company is applying for permission to build the plant as part of the German government’s plans for the promotion of solar industry in Iran. (Tasnim, "German Company to Develop Solar Plant in Iran," 9/5/2016).

A U.S. Navy coastal patrol ship changed course after a fast-attack craft from Iran's Islamic Revolutionary Guard Corps came within 100 yards (91 meters) of it in the central Gulf.

A U.S.

Castles

Industry
Technology
Symbol
TT: 5258
Country
Taiwan
Sources

"The Taiwan-based payment company Castles, specializing in payment tools, has started a semi knocked-down production line in Iran’s Arvand Free Trade Zone, in cooperation with Bank Pasargad’s subsidiary, FANAP. FANAP is launching the POS terminal production line in Khorramshahr Free trade Zone, Khuzestan Province. Jason Chiang, sales manager of Castles in the Middles East, said the high demand in Iranian market has prompted the company to expand its presence in the country. "The Iranian market offers many opportunities, especially now that sanctions are lifted and foreigners have more opportunities to take part in the market," he said. "Our Iranian partner, FANAP, is producing the POS terminal and we provide them with technical and technological assistance." (Financial Tribune, "FANAP, Taiwan POS Maker in JV," 9/6/2016).

Afripipes

Industry
Telecommunications
Country
South Africa
Sources

"Anubhav Singh, the head of global sales and marketing at South African telecommunications-equipment maker Afripipes, said his company was halting its postdeal exploration of the Iranian market as a result of Mr. Trump’s election. “We’re waiting to see what Trump’s policies are with respect to Iran and then take it from there,” he said... Smaller companies, because of their size, can’t as easily absorb losses from ventures that have to be scrapped because of sanctions. In the past, U.S. sanctions have had a chilling effect on companies dealing with Iran because some of them apply on any company with American connections." (The Wall Street Journal, "Trump Victory Slows Business Investment in Iran," 1/18/2017).

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Afripipes has expressed interest in the Iranian market, noting that “Iran is a big market and there’s potential there….”  However, Afripipes’ head of global sales and marketing, Anubhav Singh, rightly sounded a cautious note in the wake of the election of President-elect Trump by adding, “we’re not sure how the sanctions are going to go….  We are being cautious and seeing how things pan out in the next five or six months.”  (Wall Street Journal, “Boeing Seals Nearly $17 Billion Iran Deal,” 12/11/2016). 

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Afripipes is listed as an exhibitor at the Iran Telecom Innovations Conference that took place from September 25-28, 2016, in Tehran, Iran. (Iran Telecom Innovations Exhibitor List, 2016).