Is represented in Tehran, Iran by Ocean Co.
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ELTRA GmbH (“ELTRA”) was listed as an exhibitor at the 13th International Exhibition of Metallurgy in Iran (“METAFO”), which took place at the Tehran International Permanent Fairground from November 24-27, 2016. (Iran METAFO, “List of Exhibitors”).
Is represented in Tehran, Iran by Palace Co. Ltd.
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EKATO is listed as an approved vendor in Iran by NPC and SADAF.
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EKATO HOLDING GmbH (“EKATO”) reportedly agreed to exhibit at the 22nd International Oil, Gas, Refining, and Petrochemical Exhibition (the “Exhibition”) that took place in Tehran on May 6-9, 2017. (Iran
Oil Show Website, “Exhibition Information”).
"VRV attended the Iran Oil and Gas Show focusing on its significant expertise in delivering quality solutions and services. It has always prided itself on meeting the specific requirements of its clients and this exhibition allowed its team to discuss with customers how better supporting them locally now and in the future." (May 17, 2017)
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European exhibitors participating in the 22nd International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2017) believe that there is huge potential for business in Iran’s oil, gas and petrochemical sectors. G.L. Rangnekar, a director in Italy’s VRV, one of the leading global companies in design and manufacture of pressure equipment for petrochemical, refining, energy and fertilizer industries, said: “It’s like the [Iranian] market is very competitive, it’s progressing. We see Iranian market is a good progressive market and we are committed to this market.” “We have strong presence in Iran. It is the third time we are participating, last two years we were here and we see Iranian market is a good potential business for our group companies”, he noted. Briefing upon their activity in Iran, he said: “There are a lot of petrochemical projects coming up; we see good collaborative ties with the local companies. It’s a big market for us.” When speaking about advantages of Iran for their business, the director said: “There are always good potential, good people, technical skills available; people are very open, they know the subject, they are very focused in what they require.” (Tehran Times, "Europeans see huge potential in Iran's energy market," 5/9/2017).
PTEC Energy is listed as the exclusive partner of Buhlmann in Iran.
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European exhibitors participating in the 22nd International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2017) believe that there is huge potential for business in Iran’s oil, gas and petrochemical sectors. Edwin Chen, head of global projects division in Buhlmann Group, a German premium distributor specializing in steel pipes and tubes, pipe-fittings and accessories with global operations, said that there is high potential and possibilities for growth in the Iranian market, “There are many resources and we’re really seeing thing are moving forward .” He said that it was his first time of participation in Iran Oil Show, but his company has visited the exhibition several times. (Tehran Times, "Europeans see huge potential in Iran's energy market," 5/9/2017).
Continental is advertised as a Partner of the Iranian firm, Crouse, “the largest automotive part manufacturer in Iran.
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According to its 2017 annual report – “China, Japan, Iran and India saw particularly high volume growth as a result of demand.”
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"Germany's Continental, commonly known for its quality tires, has signed a deal with Iran's Crouse Co. to set up a local auto parts production joint venture. The two companies will produce injectors, engine management sensors and electronic control units through the JV named Crouse-Continental Automotive Components, ILNA reported at the weekend. The total investment in the venture will be €18 million, and Continental is committed to put up 45% of the capital. The company will later expand production to brakes and car audio systems. Tire production has not been highlighted in the deal. Crouse has incorporated technology transfer as one of the conditions of the joint venture with the Germans. Currently, four engineers from the German company are training their counterparts in Iran. The number of German engineers participating in the project is set to rise to 10 in the coming weeks. Crouse and Continental have collaborated for 12 years, producing engine parts. According to company statistics, they have produced eight million engines during this period. However, during the sanctions years the German firm halted cooperation. With revenue of €40 billion in 2016, Continental is the third largest auto parts manufacturer in the world." (Financial Tribune, "Continental Resumes Production With Parts Maker In Iran," 3/7/2017).
In January 2017 it was reported, “some old Iranian home appliance companies, including Arj and Azmayesh, have not been revamped and modernized during the past decades, Abbas Hashemi an official in the Iranian Ministry of Industry told IRNA on Saturday, accordingly the Ministry of Industry has decided to hold talks with some foreign companies namely the American multinational conglomerate corporation General Electric (GE), the American multinational manufacturer and marketer of home appliances Whirlpool Corporation, and the Italian Ariston Thermo Group in a bid to revive and update the named Iranian companies.”
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"Iran says it has started talks with major American and Italian companies to form partnerships with some of its oldest brands of household devices in what appears to be a policy to prevent their demise. The announcement was made by Abbas Hashemi, the director general for household devices affairs of the Ministry of Industry, Mine, and Trade. Hashemi was quoted by the domestic media as saying that the companies with which talks to were underway on the same front were multinational conglomerate corporation General Electric (GE), the American multinational manufacturer and marketer of home appliances Whirlpool Corporation, and the Italian Ariston Thermo Group." (Press TV, "US, Italian Firms to Save Iran's Troubled Brands," 1/8/2016).
Casting Forging Machinery Complex lists Iranian aluminium company Navard as a partner on its website. (Casting Forging Machinery Complex Website, “Partners”). UANI further notes that Casting Forging Machinery Complex is listed as an exhibitor at the 13th International Exhibition of Iran METAFO, which took place at the Tehran International Permanent Fairground from November 24-27, 2016. (Iran Metafo, “List of Exhibitors”).
In May 2016 – Bitzer opened a subsidiary Bitzer Iranian in Tehran.
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"The foundation ceremony for the new subsidiary BITZER Iranian will be held at the Espinas Hotel in Tehran today on Monday, 5 December 2016. BITZER compressors have been well represented in the Iranian market for decades. Now the long-standing company is establishing its own subsidiary that reports to its Middle East site in Dubai." (BITZER Kuhlmascbinenbau GmbH, "BITZER Establishes Subsidiary in Iran," 12/6/2016).
Cormet is listed as an exhibitor at the 13th International Exhibition of Iran METAFO, which is taking place at the Tehran International Permanent Fairground from November 24-27, 2016. (Iran Metafo, “List of Exhibitors”). The Iranian Mines & Mining Industries Development & Renovation (IMIDRO) is listed as a sponsor and exhibitor at this exhibition. IMIDRO is the full parent to Mobarakeh Steel Company (MSC), Esfahan Steel Company (ESC), Khouzestan Steel Company (KSC) and the Iranian Aluminum Company (ARALCO). IMIDRO owns 100% of each of these entities. All four companies are listed as sponsors of METAFO. In addition, IMIDRO owns 43.5% of IRITEC, which is also a METAFO sponsor. (Iran Metafo, “List of Exhibitors”).
"The National Iranian Tanker Company (NITC) and Singaporean Tru Marine recently signed an agreement of cooperation in technology and information sharing and repair of turbochargers for main engines and diesel ship generators, a report said. The deal was signed on the sidelines of the 18th Marine Industries Exhibition, NITC Technical and Navigation Operations director Akbar Jebalameli was quoted as saying in the Iran Daily report, which cited Shana. Azarpad Engineering & Procurement Company, as the representative of NITC, signed the contract with the Singaporean Tru Marine Company, Jebalameli said." (Trade Arabia, "Iran signs tanker tech deal with Singapore firm," 10/24/2016).
Eye on Iran is a news summary from United Against Nuclear Iran (UANI), a section 501(c)(3) organization. Eye on Iran is available to subscribers on a daily basis or weekly basis.