Italy

In 2020, the U.S. state of Mississippi listed Maire Tecnimont on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting.

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On September 22, 2020, Florida SBA removed Maire Tecnimont from its list of Continued Examination Companies with Petroleum Energy Activities in Iran. 

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As of August 15, 2019, the state of Iowa listed Maire Tecnimont on its Iran scrutinized companies list.

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Maire Tecnimont is listed on the June 2019 Mississippi Department of Finance and Administration's list of companies doing business with Iran. 

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Maire Tecnimont is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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Maire Tecnimont is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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Marie Tecnimont SpA was previously removed from the Iran related securities list. In 2017, CalSTRS designated Marie Tecnimont SpA as “Under Review” for potentially having new ties to Iran. In 2018, CalSTRS removed Maire Tecnimont SpA after
reviewing the company’s business with Iran and internal controls to prevent sanction violations.

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"MAIRE TECNIMONT CEO SAYS BUSINESS IN IRAN ON HOLD, EXPECTS NO NEWS IN NEAR TERM" (March 2018) 

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 In 2017 the U.S. states of Alaska, Minnesota, Mississippi, Rhode Island, South Carolina, Tennessee listed Maire Tecnimont on its list of companies doing material business with Iran rendering Maire Tecnimont ineligible for investment and/or state contracting.

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In 2017 the U.S. state of California listed Maire Tecnimont SpA as a company under review for reportedly having an agreement to build refineries in Iran. -- In 2017 the U.S. state of Florida listed Maire Tecnimont on its continued examination list of companies with petroleum energy activities in Iran.

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In 2018 the U.S. states of Iowa, New Jersey listed Maire Tecnimont as an Iran restricted company rendering Maire Tecnimont ineligible for investment and/or state contracting. 

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 "Iranian and Italian firms signed a contract to develop petrochemical projects in Iran. The deal was endorsed between Iran's Hamedan Ibn Sina Petrochemical Company and Italian engineering firm Maire Tecnimont." (October 2017).

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In 2016 Tennessee used the South Carolina list of "Entities Ineligible to Contract with the State of South Carolina or any Political Subdivision of the State per the Iran Divestment Act of 2014, S.C. Code Ann." as its list of persons it determines engage in investment activities in Iran.Maire Tecnimont was included on this list in 2016. "Inclusion on this list would make a person ineligible to contract with the state of Tennessee, if a person ceases its engagement in investment activities in Iran, it may be removed from the list."

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February 2016, Maire “signed an agreement worth €1 billion ($1.11 billion) with the Persian Gulf Petrochemical Industries Co (PGPIC) to construct refineries and petrochemical plants in Iran.” (Trade Arabia, “Italy’s Maire Tecnimont to invest $1.1bn in Iran projects,” 2/16/2016).

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June 2016, Maire agreed to help “build a plant for production of the synthetic polymer ESBR, a strategic product used in the petrochemical industry and rubber manufacturing.” (SHAM, “Iran Inks 1st Post-Sanctions Petchem Contract with Switzerland,” 6/12/2016).

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On March 24, 2015, the Florida State Board of Investments removed Maire Tecnimont SpA from the Iran Scrutinized List because "research providers report less company investment than the PFIA definition of scrutinized activity" and added to the Iran Continued Examination list. (Florida State Board of Investments, "March 24, 2015"). 

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In 2015 Maire Tecnimont was removed from Pennsylvania Treasury's List of Scrutinized Companies list after the company confirmed it has not invested at least $20,000,000 in oil-related activities in Iran in any 12- month period since August 5, 1996. 

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In 2014, Maire Tecnimont was added to the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement in Iran after new involvement in Iran was identified. 

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In 2013 Maire Tecnimont was removed from Pennsylvania Treasury's List of Scrutinized Companies list. "In correspondence with IW Financial, the company states that it is closing down all operations in Iran by June 2013. 

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In 2013 and 2014 Maire Tecnimont was listed on the Texas Pension Review Board List of Scrutinized Companies doing business in Iran pursuant to Chapter 807.054, Government Code.  
 

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In 2011, Maire Tecnimont was added to the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement in Iran because of oil-related investment of US $20 million since 1996.
 

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Kinetics Technology, a Maire Tecnimont subsidiary, lists an ongoing contract for the installation of a regeneration inline heater at the Tombak refinery in Tombak, Iran. (Kinetics Technology Website)

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CEMP lists Tecnimont as the engineering firm associated with their participation in the 2012 Kopc Ldpe Project in Sanandaj. (CEMP Website)

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Tecnimont KT, a direct subsidiary of Maire Tecnimont, awarded C. Engineering a contract for the development of the Operating Manuals for South Pars gas Field Development phase 19. (C. Engineering Website)

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Subsidiary company Tecnimont KT was hired as a contractor by the National Iranian Oil Refining and Distribution Company to expand their Arak refinery, the largest in the Middle East. The expansion allowed the refinery's capacity to increase to 100,000 barrels per day. Iran Branch Office (Company Website)

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Firm/country: Tecnimont/Italy;

Firm activity: Engineering, procurement, and construction contractor

for a LDPE plant in Sanandaj that will produce 300,000 metric tons per year;

Status: Startup was scheduled for 2008;

Commercial activity: Not reported;

Firm comment: Contacted on February 18, 2010; no response as of March 22, 2010.

"Maire Tecnimont S.p.A. has received a Letter of Intent from Petropars Ltd. (“PPL”), a company owned by Naftiran Intertrade Company (“NICO”) which is a subsidiary of National Iranian Oil Company (“NIOC”), for the realization of Onshore EPC Package No.3 (“EPC3”), part of an integrated Gas Treatment Plant in Tombak (Iran).

The project “South Pars Gas Field Development Phase 12” of the South Pars Gas Field, which is on the border with Qatar and considered the largest gas deposit in the world, foresees the realization of a Gas Treatment Plant of 3 billion standard cubic feet per day (SCFD) capacity and includes Liquid Processing (EPC2), Gas Processing (EPC3) and Off- Site Facilities.

The Onshore EPC3 package will be executed by a Consortium formed by Tecnimont S.p.A. and the Iranian companies Nargan, Dorriz and Gamma. The EPC3 cost is estimated to be approximately €1.3 billion, while Tecnimont’s scope of work will include overall project management, engineering, procurement services and construction assistance for a total amount exceeding €200 million.  The Contract is expected to be signed in July 2009 and its completion is expected end of 2012." (Company Press Release, 6/9/2009)

In 2011 three Seli executives co-authored an article for the 9th Iranian Tunneling Conference discussing progress on Seli's excavations for Tehran Metro Line 7.  (Civilica, "Tehran Metro Line 7 South-North Section EPB TBM Tunneling in a Highly Congested Area of the City: Productions, Settlements Control, and Logistics Problems, 2011)

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“A spokesman for Seli told me last week that the construction equipment firm was working on several Iranian tunnel projects worth more than €220 million, including for the Tehran metro and water tunnels in Nosud and Kerman. The company's Web site says that one of the contracts it just recently finished involved the sale of equipment and technical assistance to the Iranian company Ghaem—a Revolutionary Guard firm, according to the U.S. Treasury.

The technical know-how and machinery to build tunnels is of course crucial for the regime's efforts to hide its nuclear installations.

When asked about his Iran business, the president of Seli, Remo Grandori, told me Wednesday ‘our machines and expertise are not used for military purposes, or we couldn't have received the authorization of Italian Foreign Ministry." When I pressed harder, he acknowledged that Seli "tunnels are like large mines. Iran can certainly use these tunnels to hide weapons, but I don't know anything about it.’” (The Wall Street Journal, “The Rome-Tehran Axis,” 1/14/10)

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“Two European concerns—Wirth, from Germany, and Seli, from Italy—sold tunnel-boring equipment to Iran for its Ghomroud water project.

Seli, for its part, sold its tunnel-making goods to an Iranian company called Ghaem. This sale, too, was found to be exempt from any restrictions or embargoes. But the U.S. Treasury has designated Ghaem as yet another subsidiary of the IRGC. Seli, in the meantime, is also involved in other important projects in Iran, among them the much larger Kerman water-tunnel project. That deal, worth 134.6 million euros over five years, was signed in 2004—with the active involvement of Sahel Consulting Engineers.

Unquestionably, the equipment has been used to dig water tunnels at Ghomroud and Kerman. Once the digging is finished, though, the equipment be- longs to the subsidiary businesses of the IRGC, which can do with them what they wish.

Intelligence photographs have regularly indicated that much of Iran’s clandestine nuclear program is being built deep underground, in bunkers accessible by means of tunnels. The machinery and technology for constructing such tunnels can only have been provided by Wirth and Seli.” (Commentary Magazine, “The Iranian Shell Game,” July-August 2008) 

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“Seli – an Italian company in the same line of business – also provided machinery and technicians for the previous phase of the same tunnel project – which was done through a consortium of which Wirth was a partner. The deal, worth 8.5 million Euro, was completed in 2005. The client was Ghaem, another IRGC subsidiary. The deal was similarly not subject to any restrictions or embargoes.

Another, much bigger contract is the Kerman Water Tunnel Project, a five-year deal worth 134.6 million Euro signed in 2004 with the active involvement, again, of Sahel Consulting Engineers. Italian and German tunneling equipment was thus sold to the IRGC and made available, once the water tunnel was completed, for other projects the IRGC may wish to undertake. Intelligence reports have repeatedly suggested that much of Iran’s clandestine nuclear program is being built deep underground, in bunkers that are accessible through tunnels – tunnels which only technology such as the one provided by Wirth and Seli can build.” (Transatlantic Institute, “Iran's Deceptive Commercial Practices,” 15/4/08)  

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  “The site assembly of the TBM and back-up for the hydraulic tunnel of Dasht E Zahab in Iran has starter this month.  The DSU type TBM has been manufactured by Herrenchnecht on SELI Divisione Tecnologie specifications and basic design.” (Seli News List, “Iran: Dasht & Zahab - Backup for TBM HK,” 1/12/05)

IVECO S.p.A. (“IVECO”) was listed as a participant at the 16th International Exhibition of Transportation Urban Services & Related Industries (“ITUF”), which took place at the Tehran International Permanent Fairground from January 2-5, 2019. (ITUF 2019, “Exhibition Profile”).

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"Iranian commercial vehicle manufacturer, Zamyad, and Turin-based IVECO have agreed to expand cooperation. Under a recent agreement, the sides have decided to manufacture and offer new and highly-qualified products of the European manufacturer in Iran. Therefore IVECO will increase the volume of its exports of CKD (Completely Knocked Down) car parts to Iran, Zamyad announced." (March 2018)

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"At the Mashhad International Auto Exhibition in August 2016, Zamyad Khodro, a subsidiary of Iranian automaker SAIPA, announced its plans to expand its collaboration with IVECO, a subsidiary of CNH Industrial whose trucks have previously been documented transporting Iranian missiles and being used to stage public executions. Zamyad Khodro is reportedly the official representative of IVECO in Iran and this year will be introducing IVECO’s heavy-duty truck, the Starlis 500." (Financial Tribune, “Mashhad Hosts Int’l Auto Expo,” 8/11/2016).

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Iveco is listed as a participating company at the 14^th International Exhibition of Transportation & Urban Services & Related Industries which takes place October 27-30^th, 2016 in Tehran Iran. (Participating International Companies)  

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"Fiat Industrial and CNH issued statements with the same wording. Fiat exports cars to Iran while Fiat Industrial exports buses and trucks under its Iveco brand... 'We welcome this announcement and are pleased that Fiat's subsidiary Iveco will no longer sell trucks to the Iranian regime, which has used them to transport ballistic missiles and perform gruesome public executions,' the group said in a written statement." (Dow Jones, "Fiat Ban On Sales To Iran Seen As Victory In Sanctions Campaign," 5/25/2012)
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"Another example is Fiat's subsidiary Iveco. The truck maker has since the early 1990s delivered thousands of vehicles to Iran and boasts on its Web site about its joint-venture assembly line in Iran. The problem is that some of these trucks, as shown on the nearby photograph, can also be used to transport Iranian missiles.

Iranian Opposition members say these trucks also serve another sinister purpose: the public hangings of homosexuals and dissidents. I have seen a photograph showing these executions on Iveco trucks at an October 2007 exhibition in Rome organized by Italy's largest organization against the death penalty, 'Nessuno tocchi Caino.'

Maurizio Pignata, director of Iveco's press office, assured me Wednesday that their 'vehicles, like the ones in the photograph with missiles in Tehran, are always sold for civilian purposes.' He added however that the company 'can't know the ulterior exploit of our vehicles. The photograph of the truck with Iranian rockets shows normal Iveco vehicles converted for different goals. In China they used our vehicles for public executions of prisoners. So we can't know if our trucks are used in Iran for military or repressive purposes.'" (The Wall Street Journal, "The Rome-Tehran Axis," 1/14/10)

Iveco trucks sold for "civilian purposes." (Courtesy of Getty)

Formerly a subsidiary of Finmeccanica, the company was sold in 2015 to HItachi Rail. After the deal was finalized the name was changed to Hitachi Rail Italy. 

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AnsaldoBreda is a subsidiary of the Italian conglomerate Finnmeccanica.

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"However, Breda is owned by Finmeccanica, a conglomerate of defense, aerospace, energy and transportation companies, which has deals to provide Iran with 44 gas turbines through its subsidiary Ansaldo Energia." (LA Times, "MTA takes issue with potential contractor's ties with Iran," 7/18/2009)

"The civil aviation chief of Iran has said that the country intends to pursue legal action against both Airbus and ATR [which is jointly owned by Airbus and Finmeccanica] regarding their lack of parts supply." (Simple Flying, "Iran Eyes Legal Action Against Airbus And ATR Over Spare Parts Supply," (1/4/22)

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"Following the lifting of sanctions in January 2016, IranAir finalized contracts for purchasing 100 Airbus jets, 80 Boeing jets and 20+20 ATR aircraft. It has taken the delivery of 11 planes so far: one Airbus A321, two Airbus A330s and eight ATR 72-600s." (Financial Tribune, "50% of Iran’s Passenger Fleet Grounded by Technical Problems," 12/7/21)

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"Iran has ordered 100 airliners from European planemaker Airbus and 80 from Boeing and is in talks to finalize a deal to buy 20 turboprop aircraft from ATR, jointly owned by Airbus and Italy's Leonardo Finmeccanica." (March 2017)

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"Finmeccanica's engineering unit Fata has signed a 500 million euro ($543 million) contract with Iran's Ghadir to build a power plant in the Asian country, a spokesman for the Italian defense group said on Wednesday. Italian Foreign Minister Paolo Gentiloni held talks with officials in Tehran on Tuesday, the latest in a series of European officials seeking closer trade ties with Iran after its nuclear deal with world powers." (Reuters, "Italy's Finmeccanica signs Iran power plant deal for 500 million euro," 8/5/15)

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"Finmeccanica, a conglomerate of defense, aerospace, energy and transportation companies, provided Iran with 44 gas turbines through its subsidiary Ansaldo Energia as part of a project completed in 2002 to increase that country’s power capacity. This past summer, citing that tie, Los Angeles County Metropolitan Transportation Authority held off from awarding the company a contract to build it light rail cars. But the federal government had no such qualms, awarding the company contracts to sell products like weapons and tracked vehicles to the United States Army while the company was still in Iran. A spokesperson for the Finmeccanica said the company withdrew from Iran because it wanted to align itself with the policies of the Italian government and because it was sensitive to concerns by the U.S. government about companies operating in Iran."  From 2000-2009, the company was the recipient of $2.1 billion US federal funds.  They have withdrawn their activities from Iran.  (The New York Times, "Profiting from Iran, and the US," 3/6/2010)

"However, Breda is owned by Finmeccanica, a conglomerate of defense, aerospace, energy and transportation companies, which has deals to provide Iran with 44 gas turbines through its subsidiary Ansaldo Energia." (LA Times, "MTA takes issue with potential contractor's ties with Iran," 7/18/2009)

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Ansaldo Energia, one of Finmeccanica's subsidiaries, notes the following on its website: "The bid for the supply of 32 simple-cycle gas turbine (GT) units to Iran, in which the main European manufacturers participated, ended with a pre-agreement in May 1999 and the signing of the contract in July of the same year between Ansaldo Energia Spa and its client, Mapna, the largest general contractor in Iran in the electricity field and affiliated to the country's Ministry of Energy. The 32 units, all of them equipped with V94.2 150MW gas turbines, total 4800 MW of power output, constituting roughly 20% of the entire production of the country. In the meantime, new contracts have been added to the initial one, bringing the final number of units supplied by Ansaldo Energia to 44." (Company website)

"Alitalia Airlines made its last flight on Friday night and ended its activity forever. Alitalia was dissolved after nearly 75 years due to the economic crisis and financial problems, and ITA has bought Alitalia for 90 million Euros." (Iran Watch, "Italy economic crisis; Alitalia Airlines dissolved," 10/16/21).

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"Alitalia on Friday changed the route of its Rome-Delhi flight over concerns about US-Iran tensions. The Italian airline said it had decided to modify the route of its only flight that flies over the Strait of Hormuz and the Gulf of Oman." (June 21, 2019)

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Alitalia to suspend five times weekly Rome Fiumicino-Tehran Imam Khomeini service, effective 31-Dec-2018, according to the CAPA. 

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Multiple flights offered weekly between Tehran's Imam Khomeini Airport (IKA) and Rome's Fiumicino Airport (FCO) (Company Website).

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“Foreign visitors to Iran are the most visible effect of President Hassan Rouhani’s drive to mend ties with the U.S. and Europe, an influx that one his deputies said generated as much as $5 billion for the sanctions-hit economy over the past year. For the first time since the 1979 Islamic Revolution, international hotel chains are now plotting a return, while European airlines are adding or restoring links with Tehran…Iranian officials have been in talks with the Italian government and Alitalia SpA to increase the frequency on routes, the official Fars News Agency reported on April 30, citing the deputy head of Iran’s Civil Aviation Organization.” (Bloomberg, “Iran Hotels Fill Up as Rouhani’s Rapprochement Lifts Tourism,” 5/21/14)

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"Iran and Italy have decided to increase the number of their direct flights, a senior aviation official announced on Wednesday. ‘We plan to increase the number of flights (between the two countries) by singing a memorandum of understanding (MoU) in the near future,’ Deputy Head of Iran’s Civil Aviation Organization Mohammad Khodakarami told reporters on Wednesday. He noted that there are currently six weekly flights underway between Iran and Italy. ‘A more suitable atmosphere will be created for the operation of the two countries' airlines through updating the air transportation MoU between Iran and Italy in the near future,’ Khodakarami said. He recalled that a meeting attended by high-ranking officials of Alitalia Airline, Italian Embassy officials and officials of Iran's Civil Aviation Organization was held to facilitate aviation cooperation between the two countries.” (Fars, “Official: Iran, Italy to Increase Weekly Flights” 4/30/14)

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"Italian airline Alitalia also flies to Iran, according to its website." (Reuters, "Two airlines suspend Iran flights as economy weakens," 1/12/13)

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"Some major Western airlines were continuing to fly to Tehran, though, namely Lufthansa, Austrian Airlines, KLM and Alitalia." (The Daily Star, "Airlines stop Iran flights as currency crisis bites," 10/8/12)

• The Company Website lists that it has a regional office in Tehran, Iran.
• The Website further states that in December 2000:
  
  "TEXCO has signed a Memorandum of Understanding (MOU) with EXPORT GUARANTEE FUND OF IRAN (EGFI) - TEHRAN to activate a Credit Line for the total amount of U.S. Doll. 100.000.000 ( U.S. Doll. Hundred Million) to finance export oriented projects, having TEXCO COMPANIES as supplier of technology.
  
  On 2000 TEXCO has promoted the investment of Italian partner for the establishment in IRAN of a new Company for the manufacturing of 220 Litre steel drums externally and internally painted with taps or open top having the name :
  
  B.F.S.
  Boske Fulad Salafchegan P.j.s.Co.
  80, Nezami Gangiavi St. Tavaneer
  Tehran - IRAN
  Tel.: 0098-21-8794023 Fax: 00988-21-8794589
  
  The factory is located in the Special Economical Zone of Salafchegan, 140Km South West of Tehran and it has 5.000 square metre covered area on 16.500 square metre land.
  
  The production capacity of the factory is 1.200.000 drums per year.
  
  The factory is entered in production on July 2001. The target is to sell 75% of the production in IRAN and to export 25% in international market."

"Fiat car manufacturers have purchased a plot of land in Salafchegan Special Economic Zone for their new assembly line which will begin work in the near future. The news was announced by the Managing Director of Salafchegan Special Economic Zone, who added: “The zone is ready to welcome investors from Iran and overseas in the automotive industry with very suitable capacities.” (Persia Digest, 6/19/2019).

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"Fiat Chrysler Automobiles : to resume exports to Iran as soon as import ban lifted – official" (July 11, 2018).

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Iran’s Financial Tribune reported on the prospect that Fiat would sign a contract with Iran Khodro at the February 2017 Iran Automotive Industry International Conference (IAIIC). "Current negotiations would reportedly give Fiat a 15% share in Iran Khodro." (Financial Tribune, “Speculations Rife Over Fiat Entering Iran,” 11/8/2016)

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Prior to Italian Prime Minister Matteo Renzi’s April 2016 visit to Iran with a trade delegation, Iranian economic official and head of the Iran-Italy Joint Chamber of Commerce Ahmad Pourfallah said Fiat was due to set up a joint firm with Iran Khodro, by which Fiat would purchase ownership in Iran Khodro stock. (Fars News Agency, “Italian PM to Visit Iran Next Week, Fiat to Buy Iran Khodro's Share,” 4/6/2016)

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Fiat is listed as a participating company at the 14^th International Exhibition of Transportation & Urban Services & Related Industries which takes place October 27-30^th, 2016 in Tehran Iran. (Participating International Companies)  

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“US car manufacturing technology will be indirectly imported to Iran through cooperation with the Italian company Fiat.” (Tasnim News Agency, “Italy’s Fiat to bring American car technology to Iran: IKCO,” 2/7/2016).

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On February 22, 2016, a 12-member delegation from Fiat visited Iran Khodro’s production line in Tehran and was “due to take a trip to the Northwestern province of Khorassan Razavi to visit Iran Khodro’s production line there.” (Fars News, “Fiat SpA Meets with Mideast’s Largest Automaker in Iran,” 2/24/2016).

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“On the basis of the conducted negotiations, it has been stipulated that Fiat’s new cars will be produced in Iran and deployed to the regional countries; accordingly, joint production rather than import has been put on the agenda.” He further asserted that “new models of Fiat cars will be jointly manufactured in Iran and collaborative Iranian-Italian firms will be established with shared investments on the part of the two sides.” The Iran-Italy chamber president added, “It has been agreed that Fiat will be in charge of transferring knowledgeand information to Iran while Iran will supply human forces and energy, however the amount of investment is still under negotiation.” (Mehr News Agency , “Fiat to rival Peugeot, Volkswagen in Iran,” 2/7/2016).

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"On the sidelines of an Italian-Iranian trade forum being hosted in Tehran, Iran’s Minister of Industry, Mine, and Trade Mohammad Reza Nematzadeh said Fiat has been in talks with an Iranian auto manufacturer to produce cars." (Press TV , “Fiat in talks for car manufacturing in Iran,” 11/29/2015).

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“Chrysler, Dodge, and Jeep, have started moves to seize the chance and enter Iran’s lucrative and growing car market through an Italian-American brand, Fiat Chrysler Automobiles (FCA).” (Fars News Agency, “American Automakers May Arrive in Iran with Italian Passports,” 8/10/2015).

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"Italy's Minister of Foreign Affairs Paolo Gentiloni and Minister of Economic Development Federica Guidi will arrive in Iran on an official visit tomorrow. During their two-day trip, Gentiloni and Guidi will meet with a number of Iranian officials including Minister of Industry, Mine, and Trade Mohammad Reza Nematzadeh, according to a Shatanews report. They will be accompanied by a high-ranking delegation of Italian economic activists and representatives of various Italian firms interested in making investments in Iran. Managers and representatives of Fiat Chrysler Automobiles, Italian Exhibition and Trade Fair Association, General Confederation of Italian Industry, companies working in the field of electricity, highway construction, and road-building are among the delegation members." (Tasnim News, "Italian Ministers Due in Iran Tuesday," 8/3/15)

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"Last week, Qorbani announced that Benz, Volkswagen, Volvo, Fiat, Rover, Skoda, Renault, Peugeot, Kia and Toyota would take part in the Iranian auto expo, adding that the US car-manufacturers would also join the event. 'In case of desirable conditions, General Motors and Ford companies will also attend the event.' He continued that some leading car parts makers, including Siemens, FORD Mendo, Busch, FRW and ACI would attend the gathering. The event will start work on December 10." (Fars News, "55 Giant Int'l Carmakers, Part-Makers to Participate in Iranian Auto Expo," 11/2/14)

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“Fiat, the Italian carmaker would be making a big mistake if it decides to re-enter the Iranian car market, Nathan Carleton, communication director of United Against Nuclear Iran, told Trend. Carleton was commenting on Fiat voicing its interest in returning to Iran’s Iranian ambassador to Italy, Jahanbakhsh Mozaffari, told Trend on December 16 that Italy could become Iran's major partner in the car manufacturing industry. Italian carmaker Fiat signed a deal with Iran's Pars Industries Development Fund in 2008 to build a new $275 million factory with a capacity of 100,000 cars to produce Fiat Siena models in Iran. Since then, there has been very little news about the factory or about the current status of the partnership. ‘In 2012, Fiat executives told UANI and New York City's next Mayor Bill DeBlasio that they wanted to be a responsible company, and would stay out of Iran until it stopped pursuing nuclear weapons and sponsoring terrorism,’ UANI's Carleton said. ’Fiat would be going back on its word, and making a serious mistake by re-entering Iran based on just a temporary diplomatic agreement that will expire six months after being implemented,’ he added…’Iran is not re-open for business. It is still a terrorist state that has not verifiably stopped its nuclear program,’ Carleton said.” (Trend, “Fiat to make big mistake in re-entering Iranian car market - UANI,” 12/23/13)

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"Previously, 25 car brands were included in the list, such as South Korean brands (Kia and Hyundai), Chinese brands (SAIC motors), Italian brands (Fiat, Alpha Romeo), Japanese brands (Honda, Mitsubishi), German brands (ABT), and Swedish brands (Volvo)." (Azer News, "Iran bans imports of renowned car brands," 5/27/2013) 

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"Iran180 Executive Director Chris DeVito announced the addition of Maserati and Lamborghini to the Iran Watch List , given that the two have entered into business agreements in Iran and have refused to renounce their Iranian ties. And in the case of Maserati, which is owned by Fiat–touted the opening of a new dealership in Tehran... So far Fiat, which owns Maserati, and Volkswagen Group, which owns Lamborghini, have not responded to The Algemeiner’s request for comment." (The Algemeiner, "Activists Call on Maserati and Lamborghini to End Business in Iran," 10/23/2012) 

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"Italian automaker Fiat SpA and its sister company Fiat Industrial SpA said Friday they would stop doing business in Iran in line with a trade embargo imposed by the West. 'Fiat announces that effective immediately its subsidiaries will no longer carry out business activity related to products or components where the ultimate destination of such products is known to be Iran, other than to the limited extent required to fulfill already existing binding obligations,' the company said in a statement. The Turin-based car company said in the statement that sales by Fiat’s subsidiaries were 'totally immaterial in a quantitative and qualitative sense' and that the products it sold were solely for commercial and civilian use. Fiat exports cars to Iran while Fiat Industrial exports buses and trucks under its Iveco brand... United Against Nuclear Iran, a U.S.-based pressure group, has led a spirited campaign calling for Fiat to exit the Iranian market. For the past year, the group placed advertisements in New York newspapers, and it held a protest at the New York International Auto show. 'Fiat has finally made the responsible decision to end its most egregious ties with the Iranian regime,' said Nathan Carleton, a spokesman for United Against Nuclear Iran, in an email. 'We call on Fiat to now fully end all of its business in Iran, including the sale and manufacturing of all Fiat and Maserati vehicles.'" (The Wall Street Journal, "Fiat Slams Brake On Sales To Iran," 5/25/2012)
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"Italian automaker Fiat SpA, which controls Chrysler, said Friday that it and subsidiaries will immediately halt sales to Iran, following similar moves by other carmakers under pressure to cut ties to Tehran over its disputed nuclear program... The auto industry has been under pressure from the anti-nuclear lobby group United Against Nuclear Iran to cut off business dealings with Iran. UANI says that the global auto industry is the second-largest source of foreign currency for the Iranian government, after oil, and also a source of foreign technology. The decision by Fiat to halt sales "is a st'p in the right direction, and it shows the effectiveness of public pressure against these companies,' UANI spokesman Nathan Carleton said from New York. Fiat and heavy-truck maker Fiat Industrial SpA said in separate statements that they 'support international efforts for a diplomatic solution' regarding Iran... Most of the vehicles sold were Iveco-branded buses and trucks, and no vehicles were produced in Iran, according to Fiat. Fiat said its subsidiaries would honor binding obligations, which it described as limited, but that otherwise would halt 'all business activity related to products or components where the ultimate destination ... is known to be Iran.' Fiat said anything sold to Iran was in compliance with U.N. rules and EU and Italian laws, which require certification of the end user." (Associated Press, "Italian automaker Fiat halts sales to Iran," 5/25/2012)

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"Fiat, the Italian automaker controlling U.S. group Chrysler, said on Friday it had suspended its commercial relations with Iran in a move aimed at supporting international diplomatic efforts. 'Effective immediately the subsidiaries will no longer carry out business activity related to products or components where the ultimate destination of such products is known to be Iran,' Fiat said in a statement. Separately, truck maker Fiat Industrial, which like Fiat is controlled by Italy's Agnelli family, also said it had suspended its commercial ties with Iran. Fiat and Fiat Industrial both said that their sales to Iran-based entities had been totally immaterial in recent years." (Reuters, "Fiat suspends commercial relations with Iran," 5/25/2012)

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"Wealthy Iranians are fueling an unprecedented luxury car boom despite sanctions hurting their economy, paying up to $360,000 for high-end autos, according to showroom employees and reports Sunday. 'Buyers are paying upfront for these cars, which generally cost two to three times more than abroad,' one car salesman in Tehran told AFP on condition of anonymity. A newspaper citing official customs data, Hafte-Sobh, reported that 'some 563 different Porsche models were sold in the last Iranian year (to March 2012),' worth a total $50 million before a hefty 100-percent import tax... Maserati, the growling musclebrand owned by Italy's Fiat, is also looking to get a slice of the action by opening its own Tehran showroom within weeks, reports say. The ostentatious splurge by Iran's elite starkly contrasts with the straits experienced by ordinary Iranians." (Agence France-Press, "Wealthy Iranians spur lucury car boom despite sanctions," 4/23/12)

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"Italian luxury sports car maker Maserati plans to open a dealership in Tehran, Iran, next year, as it expands its international network, not only to enhance its independence as a brand within Fiat SpA (F.MI) but also to tap demand from a new, wealthy elite in emerging markets. Maserati won't own the dealership, preferring to import cars to a representative, a spokeswoman for the brand said Friday, confirming a report in Il Sole 24 Ore, an Italian business daily." (Dow Jones Newswire. "Fiat's Maserati Brand To Open Dealership In Tehran," 9/2/11)

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"Fiat Group Autos S.p.A. began production of its Siena four-door sedan in Iran in 2004, under a licensing agreement with Pars Industrial Development Foundation, and to date some 2000 vehicles have been produced, said company spokesman Richard Gadeselli." From 2000-2009, the company has been the recipient of $227.3 million of US federal funds.  Their activity in Iran is currently active.  (The New York Times, "Profiting from Iran, and the US," 3/6/10)

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"Another example is Fiat's subsidiary Iveco. The truck maker has since the early 1990s delivered thousands of vehicles to Iran and boasts on its Web site about its joint-venture assembly line in Iran. The problem is that some of these trucks, as shown on the nearby photograph, can also be used to transport Iranian missiles. Iranian Opposition members say these trucks also serve another sinister purpose: the public hangings of homosexuals and dissidents. I have seen a photograph showing these executions on Iveco trucks at an October 2007 exhibition in Rome organized by Italy's largest organization against the death penalty, 'Nessuno tocchi Caino.'

Maurizio Pignata, director of Iveco's press office, assured me Wednesday that their 'vehicles, like the ones in the photograph with missiles in Tehran, are always sold for civilian purposes.' He added however that the company 'can't know the ulterior exploit of our vehicles. The photograph of the truck with Iranian rockets shows normal Iveco vehicles converted for different goals. In China they used our vehicles for public executions of prisoners. So we can't know if our trucks are used in Iran for military or repressive purposes.'" (The Wall Street Journal, "The Rome-Tehran Axis," 1/14/10)

Iveco trucks sold for "civilian purposes." (Courtesy of Getty)

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"Italy is Iran's largest trading partner in Europe, mainly because of investments by energy giant ENI. This month, Fiat Group Autos SpA said it would begin manufacturing its Siena four-door sedan in Iran later this year more than 3 1/2 years after signing an agreement with the Iranian car manufacturing company PIDF." (Associated Press, "Iran remains key trade partner for Europe," 7/28/08)

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"China's biggest domestic automaker, Chery, is opening a factory in Iran, expanding its fast-growing foreign ties soon after announcing ventures with Chrysler and Fiat." (Orlando Sentinel, "Upscale Range Rover is U.S.-bound," 8/18/07)

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Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, List of Companies Doing Business With State Sponsors Of Terror, Removed from the internet in July of 2007)

In a 2019 Edison report, titled "Payments Linked to Activities in Extractive Industries," Edison International SPA (a subsidiary) is listed as having an Iran branch.

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Edison is listed as having attended the 2nd Iran International Exploration & Production Congress and Exhibition (“Iran E&P 2018”), which took place in Tehran from March 3-4, 2018. (Iran E&P 2018 Website, “International Companies Attending”).

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"The U.S. State Department said Friday it welcomed a decision by Italian  company Edison International SpA to withdraw from Iran’s energy sector. Edison withdrew from its contract to explore Iran’s Dayyer natural gas field, the State Department said, and it pledged not to engage in activity with Iran in the future that is subject to U.S. sanctions. The State Department said, as a result of the company’s decision, it granted a 'special rule' under the Iran Sanctions Act to Edison that says the company will not be subject to an investigation into past Iran-based activities, so long as it lives up to the assurances it gave to the U.S. government. 'We commend the commitments made by Edison International, and we hope that other firms will follow its lead,' said State Department spokeswoman Victoria Nuland in a statement . . . Edison is the sixth company, the State Department said, to withdraw its investment in Iran under the special rule provision of the Iran Sanctions Act, joining Italy’s Eni SpA, Norway’s Statoil ASA, France’s Total SA, Japan’s Inpex Corp. and Royal Dutch Shell PLC in doing so." (Wall Street Journal, "U.S. Says Edison International Exits Iran," 7/6/12)

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"Edison SpA said it signed a contract to explore the Dayyer offshore block in Iran for hydrocarbons in a project that will cost around 30 mln eur. The contract envisages a period of exploration of four years after which, if hydrocarbons are discovered, Edison will proceed with development of the field." (Thomson Financial News Super Focus, "Edison to invest 30 mln eur in Dayyer hydrocarbon field in Iran," 1/9/08)

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"'Italian power company Edison SpA has signed an agreement for hydrocarbon exploration works in Iran for the total value of 30 mln euro ($43.9 mln),' the company said in a statement." (ANSA, "Italian Edison To Explore Iranian Oil Block For 30 Mln Euro," January 9, 2008)

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In a 2011 GAO (General Accountability Office) report, Edison SpA was listed as one of sixteen foreign firms involved in the Iranian oil, gas, or petrochemical sectors, according to open sources. (GAO report, "Firms Reported in Open Sources as Having Commercial Activity in Iran’s Oil, Gas, and Petrochemical Sectors," 8/3/2011)

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Edison has an office in Tehran. (Company website)