Manufacturing

On three occasions between the approximate dates of October 2013 and February 2015, DAF sold or supplied 63 trucks to customers in Europe that it knew or had reason to know were ultimately intended for buyers in Iran. The transactional value of the 63 trucks was $5,426,428.(Treasury, 8/6/2019).

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Daf Trucks NV (“Daf”) 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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DAF Trucks in Iran has its own Facebook page.

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DAF Trucks 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)  

Dutch Water Authorities is listed as one of the companies participating in the Dutch delegation visiting Iran from Sunday 23 to Friday 28 October. The purpose of the visit is to strengthen the economic ties in order for the Dutch companies to gain access to the Iranian market. (Government of Netherlands, "Minister Schultz to lead trade mission to Iran," 10/21/2016).

BersonUV is listed as one of the companies participating in the Dutch delegation visiting Iran from Sunday 23 to Friday 28 October. The purpose of the visit is to strengthen the economic ties in order for the Dutch companies to gain access to the Iranian market. (Government of Netherlands, "Minister Schultz to lead trade mission to Iran," 10/21/2016).

"Managing Director of Germany's H&R GmbH & Co KGaA Niels H. Hansen has said that removal of anti-Iran sanctions and improvement in Berlin-Tehran ties have created good conditions for his company to choose Iran as a regional hub for H&R activities. Speaking to IRNA on Sunday, Hansen said his country aims to develop its activities in the Middle East region and has chosen Iran as a regional hub... H&R, he said, had had trade ties with the Iranian sides for about a decade before the sanctions era, stressing that his company is to revive those relations." (IRNA, "Iran has good chance to be regional hub: German businessman," 10/12/2016).

"There is growing political pressure on European banks to support corporate clients seeking to do business in Iran. Apart from an eagerness to seize opportunities for trade with a country of 77m people, European politicians also want to support the moderate government of Iran’s President Hassan Rouhani. British prime minister David Cameron wrote to Barclays in February asking the bank to explain its refusal to handle a payment on behalf of Molyslip Atlantic, a British lubricant maker arranging sales in Iran." (Financial Times, “Europe’s banks begin tentative return to Iran,” 4/3/2016)

"Major Iranian shipping company Islamic Republic of Iran Shipping Lines and oil producer Iranian Offshore Oil Co. have reached preliminary deals with South Korean shipyards for orders worth around $2.4 billion, people involved in the talks said Tuesday. The agreements are part of Iran’s efforts to make a comeback in global shipping after the lifting of international sanctions earlier this year, but completing the orders will depend on financing that the Iranians haven’t yet secured, the people said. 'The yards are making slots available to the Iranians starting in 2018 and 2019,' one of the people said. 'The Iranians are trying to make the 20% down payments through oil state-to-state deals to finalize the orders.' ... Islamic Republic of Iran Shipping Lines, known as IRISL, operates a fleet of container vessels, bulk carriers and tankers. It has signed a memorandum of understanding with Hyundai Mipo Dockyard, a subsidiary of shipbuilding giant Hyundai Heavy Industries Group, for up to 10 petroleum-product tankers and at least six so-called handysize bulk carriers. Product tankers cost around $30 million each and handysize bulkers around $20 million apiece." (The Wall Street Journal, “Iranian Oil, Shipping Companies Set For $2.4 Billion Ship Deals,” 6/7/2016)

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"Islamic Republic of Iran Shipping Lines is negotiating with Hyundai Heavy Industries to purchase up to three mega-ships with capacities of 14,500 twenty-foot-equivalent units, sources close to the matter said. The purchase will help IRSIL break into the ranks of the world’s largest container lines by capacity. Its total capacity of 96,160 TEUs ranks it as the 22nd-largest global carrier, according to maritime analyst Alphaliner. Sources said the ships would range in cost from $120 to $130 million and represent the continuation of a relationship between the Hyundai group and IRISL. 'In 2008, IRISL ordered some ships in our sister yard, Hyundai Mipo Dockyard, but that order was suspended as sanctions kicked in,' a source at HHI said. 'Now, IRISL wants larger ships, which is under the purview of HHI.' The purchase comes after IRISL and CMA CGM in January with the signing of an agreement on terminal access, capacity sharing, and jointly operating certain routes. If HHI wins the deal, it will be the first South Korean shipbuilder to win orders from an Iranian company since the lifting of international sanctions on Iran in January." (JOC, “Islamic Republic of Iran Shipping Lines in talks for mega-ships,” 4/6/2016)

"In November, South Korea's Iranian crude imports more than quadrupled from a year earlier as Hyundai Chemical's new condensate splitter boosted the country's ultra-light oil demand from the Middle Eastern country... South Korea is one of Iran's major oil customers. Seoul imported 14 million tonnes, or 281,187 bpd, of crude from Tehran in 2016, up 145.4 percent from 5.7 million tonnes, or 114,595 bpd, in 2015." (Reuters, "S.Korea's Dec Iran crude imports surge 648.2 pct on year," 1/14/2017).

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“South Korea, Asia's largest buyer of condensate, will step up purchases of the ultra light oil from Iran by more than 50 percent in June, two sources said, as competitive pricing squeezes out rival oil from Qatar. While South Korea does not provide separate data on imports of condensate, traders said the expected June shipments from Iran of at least six million barrels, or 200,000 barrels a day, would be a record level. Iranian condensate imports could gain further momentum in the fourth quarter, if Iran clinches a deal with Hyundai Chemical to supply the company's new splitter. Talks between Hyundai Chemical and the National Iranian Oil Company (NIOC) on a term supply deal are under way, a third source familiar with the matter said. South Korea, the world's fifth-largest crude buyer, has more than doubled its oil imports from Iran in the first four months of this year to about 248,000 barrrels a day after Western sanctions on Iran were removed in January.” (Reuters, “South Korea's condensate imports from Iran to soar in June,” 6/9/2016)

Subsidiary of Novafives S.A.S.

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"Fives is the industrial engineering group, designer and supplier of equipment, machinery and production lines for big industries worldwide including aluminium. Fives has been known for its 8400 personal based in more than 30 countries around the world and its technical expertise and project implementation worldwide in the industry. Fives is a company with history which has had extensive activities in the Middle East and various industries in Iran including Aluminium. Previously Fives has signed a Memorandum of Understanding (MOU) under a contract with the IMIDRO group of Iran for the construction of an anode plant in Iran." (January 2018)

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Fives Group (“Fives”) was listed as an exhibitor at the Internationale Ausstellung für Metallbearbeitung (International Exhibition for Metalworking Companies; “AMB Iran 2017”), which took place on May 23-26 in Tehran, Iran. (Iran METAFO, “List of Exhibitors”). (Iran International Aluminium Conference Website, “Conference Overview”).

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Fives Group sponsored the International Iran Aluminium Conference (the “Conference”) on May 11-12, 2016 in Tehran

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"The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said on Wednesday that per an agreement, French Fives Group and IMIDRO will set up a joint firm. An official at Fives Group presented the offer in a meeting with Deputy Minister of Industries, Mining and Trade and the IMIDRO board member, Mehdi Karbasian, on the verge of Iranian President Hassan Rouhani's visit to France. The two sides are to expedite investment in the project for establishment of an anode production plant." (IRNA, "IMIDRO, French Fives Group to set up joint aluminum anode production company," 11/4/15)