Technology

Paul Wurth lists numerous speakers at the 2nd Iranian Iron & Steel Conference that took place from September 26-28, 2016 in Isfahan, Iran. (Metal Bulletin, "2nd Iranian Iron & Steel Conference"). 

--

"From 5 – 8 May, the Paul Wurth Oil & Gas Division participated in this “Iran Oil Show 2016” in Tehran to introduce the new Paul Wurth market segment - specialised valve solutions for oil & gas downstream processes - to this region. Due to the long-lasting sanctions there is a huge demand also on new and serviced/repaired equipment like special process valves for this industrial sector. For Paul Wurth as a newcomer in this business field it was observable and consequentially helpful that SMS group is very well known and recognised in this country as a reliable business partner since many years. The major challenge in the near future will be the financing of projects in Iran, as the banking system is not yet up and running, and to find the correct partners for local supplies and service activities." (Paul Wurth At Iran Oil Show 2016, 9/6/2016).

On May 4, 2016, Reuters reported, “Bank Saderat Dubai selects Verisec.” (Reuters, “BRIEF-Bank Saderat Dubai selects Verisec,” 5/4/2016).

As confirmed in Verisec’s own press releases on the same day, Bank Saderat Dubai is a fully owned subsidiary of Iran’s Bank Saderat. (MyNewsDesk, “Bank Saderat Dubai väljer Verisec,” 5/4/2016).

Is represented in Tehran, Iran by Sepahan Machine Torabi.

--

"During a two-day visit to Tehran the German economy ministry said several firms from the Mittelstand, the small-to-medium-sized companies that form the backbone of the economy, had also signed deals with Iranian partners...Mitsubishi Germany has signed a contract to modernize a gas-fired plant, while plant constructor Keller HCW wants to build a brickyard in Iran, it said. Both countries' central banks have also agreed to technical co-operation.." (Reuters, "Siemens signs Iran rail contract as Germany drums up business," 10/3/2016).

Eirich is advertised as a participant in the 14th Int’l Exhibition of Mine, Mining, Construction Machinery & Related Industry & Equipment (“Iran Conmin 2018”), which took place at the Tehran International Permanent Fairground from November 2-5, 2018. (Iran Conmin 2018, “Exhibition Profile”).

--

Lists four different representatives in Tehran, Iran on its company website.

--

Eirich attended the Iran International Aluminium Conference held in Tehran on May 11-12, 2016.  (Iran International Aluminium Conference Website, “List of International Attendees”). According to its official website, the Conference was co-convened by IMIDRO to bring together “industry front runners including producers, manufacturers and processors of raw materials to end products as well as suppliers of technologies and accessories for aluminium production, processing and refinement.”  (Iran International Aluminium Conference Website, “Conference Overview”).  

Rocket Internet’s Iranian venture appeared to have foundered, since, “for all the expertise the company could muster, including that of Iranian-German managers, Turkish-German experts and joint German-Arab Internet professionals, the company simply could not adapt to the local culture.”  (Financial Tribune, “No Takeoff for Rocket Internet,” 1/4/2016). 

--

Rocket Internet was “making tons of hires because Iran is very rich in talent. They create competition for the companies … you don’t grow without competition, so it helps a lot of the startups that are working on the same things to grow faster.” (Geek Time, “The Persian dream: An in-depth look at the Iranian startup scene,” 5/26/2015).

--

Eyad Alkassar, manager of Rocket Internet’s Middle East’s investments, had characterized Iranian business as “definitely more difficult than any other country.”  (Washington Post, “Here’s what it’s like to launch a start-up in Iran,” 11/10/2014). 

--

Rocket Internet entered the Iranian market through its joint venture with MTN Group, “to invest in startups in the Middle East, with a focus on e-commerce. The two companies will each hold a 50% stake in Middle East Internet Holding (MEIH).”  (Khoshfekri, “How does Rocket-Internet the company-builder factory works? (...and why it comes to Iran?),” 5/13/2014). 

May 2017 – “Around 1,147 cochlear devices were implanted in persons with damaged hearing at authorized centers over the past fiscal year that ended on March 20, with financial assistance from the Health Ministry’s so-called Iran Board of Trustees for Patient Treatment.”

--

"Iran and Australia have signed fresh agreements to forge closer ties, with Australian Trade Minister Steve Ciobo announcing the dawn of a new age of relationship. Ciobo is leading a trade delegation of more than 20 companies to Tehran, seeking out opportunities, buoyed by the prospects in Iran's mining, oil and gas, and other industries as well as the near 80 million population...Representatives of Australia's flagship carrier Qantas Airways, global biotechnology company Cochlear, GrainCorp agribusiness company, Australian Livestock Export Corporation Ltd (LiveCorp) and the universities of Melbourne and Sydney are also tagging along..." (Press TV, "Australia hails 'dawn of new age' in Iran ties," 9/28/2016). 

From November 5-8, 2016, the 12th International Trade Fair for Construction Machinery & Vehicles, Mining, Building Material Machines and Natural Stone Industry (IranConMin 2016) will take place in Tehran, Iran. Progress Group is listed as one of the companies participating in the forum which gives the companies the platform to present their products and offer their services to key players and decision makers from all over Iran (IranConMin 2016; IranConMin 2016, “Exhibitors & Products”).

--

Progress Group lists a representative and office in Tehran, Iran. (IranConMin, 2016, “Progress Group GmbH”).