Turkey

Iranian company Snowpars lists Hidromek products on its website. 

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

"Giant Turkish steel manufacturer Kardemir, a publicly traded company, appears to have received questionable wire transfers from a third country via JP Morgan financial services that should have raised red flags but somehow fell through the cracks. Kardemir made a deal in 2013 with Iranian energy firm Tavana to sell steel products, but the funds were not transferred from Iran; rather they were rerouted from Iraq, a third country, in the amount of $10 million. It was part of what was promised to be a €150 million business deal that would benefit Kardemir in the Iranian market against rivals from China, India and Russia. Although filtering mechanisms for questionable transfers that actually named the Iranian company on the transfer order failed to detect an anomaly, a branch manager at Halkbank triggered a heated discussion at the senior level when asked about the source of the money. Balkan, an avid fan of Khomeini, stepped in to reverse the Halkbank decision to stop the payment." (November 2017)

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"Turkish steel producer Kardemir has shipped 10,000 tons of rail to Iran as part of an €80-million contract to export 140,000 tons of rail, according to the company’s CEO Mesut Ugur Yilmaz. “The company has so far produced 40,000 tons of rail as per the contract,” he was quoted as saying by Turkish newspaper Hurriyet. Turkey signed the contract with Iran in April to barter Turkish rail in exchange for Iranian oil to be supplied to Turkish Petroleum Refineries Company. According to the Minister of Roads and Urban Development Abbas Akhoundi, Iran needs to build 1,500 kilometers of railroads, for which it needs 1.8 million tons of rails by 2021." (Financial Tribune,  "Turkey Begins Rail Exports," 10/15/2016). 

"Tehran Wastewater Company has signed a contract, worth €125 million ($140 million), with Turkey's industrial and construction contractor Kuzu Group on building a wastewater treatment plant in southwest Tehran. The project will be funded by the Islamic Development Bank (IDB), Asqar Riazati, managing director of Tehran Wastewater Company, was quoted as saying by IRNA on Tuesday. "Kuzu Group was awarded the project in an international tender," the official said without providing details. He added that the IDB has verified the tender." (Financial Tribune, "Turkish Co. in $140m Wastewater Contract With Iran," 10/6/2016).

In 2017 the U.S. state of South Carolina, Tennessee listed Turkiye Petrol on its Iran scrutinized list rendering Turkiye Petrol ineligible for investment and/or state contracting.

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"Turkish energy company Turcas Petrol is looking at entering the Iranian energy market through investments in oil, gas or renewables following the lifting of most sanctions against the Islamic Republic, its chief executive said on Tuesday. 'We believe we definitely must be in Iran,' Batu Aksoy told reporters. 'At a time when growth in the world is stalling, a market like Iran could be a driving force both globally and for Turkey,' he said. Turcas is interested in teaming up with a local company but is also open to cooperating with Turkish firms, Aksoy said... 'We have been shuttling back and forth between Iran and Turkey for the past five years. We have established networks before the lifting of sanctions. Now the embargo is lifted, they are more sympathetic to doing business with us,' he said. Supplying natural gas from Iran, as well as projects for oil and its derivatives, as well as renewable investments, were all on the agenda, he said." (Reuters, “Turkey’s  Turcas says eyes energy investments in Iran,” 5/3/2016)

Ghadi"r Investment Company, a major Iranian conglomerate, signed a trilateral memorandum of understanding on joint investments in oil and gas field development projects with Russia's state-owned oil firm Zarubezhneft and Turkey's Unit International in Moscow on Tuesday." (August 10, 2017)

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“Turkish energy company Unit International has reached a $4.2 billion deal with Iran's energy ministry to build seven natural gas power plants there, in what it said was the biggest investment in Iran since the lifting of sanctions. The power stations, to be built in seven separate regions of Iran, Turkey's eastern neighbor, would have a combined installed capacity of 6,020 megawatts, the company said in a statement... ‘Unit International has reached a deal with the Iranian Energy Ministry worth some $4.2 billion to build natural gas combined cycle power plants,’ Unit said, adding the agreement was signed at a ceremony in Tehran on June 1.” (Reuters, “Turkey's Unit International says agrees $4.2 billion deal to build Iran power plants,” 6/4/2016)

"Turkish investment bank Unlu & Co aims to complete the acquisition of an Iranian brokerage in the next six months and become the first Turkish financial services firm to operate in Iran since the easing of sanctions, its chairman said on Friday... "We aim to conclude the acquisition in the next three to six months," Mahmut Unlu, chairman and chief executive of Istanbul-based Unlu & Co, told a news conference. The bank, which specialises in mergers and acquisitions and portfolio management, has also established an open-ended fund to invest in Iranian companies and has been hired by a Turkish consumer goods firm to find acquisition targets in Iran, Unlu said. "The Turkish company we are advising is in talks to buy a majority stake in an Iranian firm. It will be a $60-70 million deal," he said, without giving further details." (Reuters, "Turkish investment bank Unlu says aims to close Iranian deal soon," 9/30/2016). 

Balatacilar's website lists Iran as an export destination for their products.

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"Turkish friction materials producer Balatacilar Balatacilik Sanayi ve Ticaret [BIST:BALAT] said its unit Azim Lent-e has received authorisation to make a $1.1 million (923,000 euro) investment in Iran. The investment authorisation was given by Iran’s economy ministry, Balatacilar said in a bourse filing on Friday. The company did not disclose details about the investment." (SeeNews, "Turkey's Baltacilar Unit gets Green Light to Make Investment in Iran," 6/5/15)

Reuters reported in November 2017: "Zarrab said he had learned from Zafer Caglayan, who was Turkey’s economy minister, that Erdogan and then-treasury minister Ali Babacan had authorized two Turkish banks, Ziraat Bank and VakifBank, to move funds for Iran."

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Ziraat Bankasi (officially TC Ziraat Bankasi AS) lists an office located in Tehran.

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"Accusations that three Turkish state banks violated US sanctions by facilitating illegal money transfers have made it to the agenda of Parliament, according to a report in the Taraf daily on Thursday.  Last month the US Federal Reserve (Fed) requested that the state-run Ziraat Bankası provide a detailed audit revealing whether or not the bank had conducted illegal money transfers from firms blacklisted by the US to countries such as Iran and Sudan, in violation of US sanctions. The Fed reached an agreement with Ziraat on July 1 stipulating that the financial institution would issue such a report within 60 days." (Today's Zaman, "Ziraat Bankasi money laundering issue reaches Parliament agenda", 8/7/14)

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"Iran is in talks with Ziraat Bank to utilize certain services of the bank, said Customs and Trade Minister Nurettin Canikli. It was announced that Iran wanted to benefit from Turkey's state-owned Ziraat Bank's experiences, and it made an offer to Turkey to receive treasurership and consultancy services from Ziraat Bank to facilitate and improve the country's trade relations with other countries." (Daily Sabah, "Iran requests treasureship from from Ziraat Bank", 6/5/15)