Iran Risk Matrix

ADC Fayat

Cjungman — Mon, 16 May 2022 17:05:57 +0000

ADC Fayat

Industry

Machine Tools

Cjungman Mon, 05/16/2022 - 17:05

Country

France

website

ADC

Sources

ADC Fayat is listed as a handling and lifting equipment supplier and partner to the Novin Niroo Procurement Company, an Iranian firm with ties to numerous sanctioned entities, such as Pars Oil and Gas Company, the National Iranian Petrochemical Company (NIPC), and Persian Gulf Petrochemical Company (PGPIC), on Novin Niroo's website.

Alma Carbovac

Cjungman — Fri, 13 May 2022 18:53:04 +0000

Alma Carbovac

Industry

Engineering

Cjungman Fri, 05/13/2022 - 18:53

Country

France

website

Alma Carbovac

Sources

Alma Carbovac's website lists Iran as part of its global network.

Alma Carbovac appeared at Iran's 2018 International Oil, Gas, Refining, and Petrochemical Exhibition.

Express Logistique

Cjungman — Mon, 24 Jan 2022 13:46:07 +0000

Express Logistique

Industry

Transportation

Cjungman Mon, 01/24/2022 - 13:46

Country

France

website

Express Logistique

Sources

Express Logistique of France offers transportation/logistics services between Europe and Iran.

Akwel SA

uaniadmin — Fri, 05 Jun 2020 14:30:02 +0000

Akwel SA

Industry

Automotive

uaniadmin Fri, 06/05/2020 - 14:30

Country

France

website

Akwel

Sources

"Akwel SA reportedly distributes automobile parts and provides consultancy services in Iran In 2019, CalSTRS identified Akwel SA as potentially having ties to Iran and began the review process. The engagement has been delayed by shutdowns related to the COVID19 pandemic. Accordingly, CalSTRS has maintained an “Under Review” status in 2020."

In 2019 CalSTRS identified Akwel SA as potentially having ties to Iran for reportedly distributing automobile parts and providing consultancy services in Iran and began the review process.

Gaztransport

uaniadmin — Tue, 12 May 2020 15:58:13 +0000

Gaztransport

Industry

Engineering

uaniadmin Tue, 05/12/2020 - 15:58

Country

France

website

GTT

Sources

According to an Annual report filed with the SEC: "“Gaztransport & Technigaz S.A.S. (“GTT”), a French engineering company specializing in technology for the maritime transportation and storage of liquefied natural gas entered into a license agreement (the “License Agreement”) with Iran Shipbuilding & Offshore Industries Complex Co. (“ISOICO”) in December 2002. No performance or services were ever made or provided under the License Agreement, and GTT never received any revenues or booked any profits under the License Agreement. On April 30, 2013, pursuant to the terms of the License Agreement, GTT gave notice of termination of the License Agreement, which termination will be effective on December 23, 2013. GTT does not anticipate that any performance will be sought or given under the terms of the License Agreement, and GTT does not intend to have any business with ISOICO in the future.”

CGG

uaniadmin — Wed, 06 May 2020 17:31:15 +0000

CGG

Industry

Energy

uaniadmin Wed, 05/06/2020 - 17:31

Country

France

website

CGG

Sources

According to its Annual Report filed with the SEC for fiscal year 2017: "During 2017, our French subsidiary CGG Services SAS, generated revenues equivalent to US$31 thousand from software training provided to employees of an Iranian entity involved in the petroleum industry, and our French subsidiary Sercel SAS generated revenues equivalent to US$36 thousand from repair and maintenance work on gauges for Iranian entities involved in the petroleum industry. We do not believe that any net profit is attributable to these activities. These subsidiaries may continue carrying out these activities in the future."

SAS Hydro Power Plant

uaniadmin — Tue, 31 Mar 2020 11:44:46 +0000

SAS Hydro Power Plant

Industry

Energy

uaniadmin Tue, 03/31/2020 - 11:44

Country

France

website

https://hydropowerplant.com/

Sources

The Iranian company, Novin Niroo Procurement Co. (“Novin Niroo”), cites HPP as a small hydro power plant supplier on its company website. (Novin Niroo Website, “Small Hydro Power Plant”).

Response

"We have stopped all business activities with this company for many years now. What you have found on this website is a non approved copy and paste of our website." (March 31, 2020).

Marlink SAS

uaniadmin — Tue, 11 Feb 2020 19:51:47 +0000

Marlink SAS

Industry

Shipping

uaniadmin Tue, 02/11/2020 - 19:51

Country

France

website

Marlink

Sources

Marlink is listed as part of its network for Iranian company Marine Information Technology Development Company (MITD).

Jeumont Electric

uaniadmin — Fri, 10 Jan 2020 15:33:12 +0000

Jeumont Electric

Industry

Energy

uaniadmin Fri, 01/10/2020 - 15:33

Country

France

website

Jeumont

Sources

Jeumont Electric is listed as an exhibitor at the 23rd International Oil, Gas, Refining and Petrochemical Exhibition (“IOGRPE”), that took place at the Tehran International Permanent Fairground on May 6-9, 2018. (Iran Oil Show 2018 Website, “Exhibition”).

"Jeumont Electric received an order for five 2,700 kW asynchronous motors from Hyosung, a new Korea-based customer that manufactures pumps. The motors are for Hyosung’s end customer Zolal Iran Company, one of Iran’s leading providers of urban and industrial water treatment services." (March 2017)

Indelec

uaniadmin — Tue, 07 Jan 2020 17:07:06 +0000

Indelec

Industry

Technology

uaniadmin Tue, 01/07/2020 - 17:07

Country

France

website

Indelec

Sources

Iranian company Espak Company, features Indelec on the Espak website.