Source: Khabar Online
March 14, 2010
Two European makers of luxury cars, Sweden’s Volvo and Audi AG from Germany are reportedly to launch production lines in Iran by the next year.
As Khabar Online correspondent reports, the representatives of the two companies are currently in Tehran negotiating with a team of directors of Iranian [...]
By Ron Nixon
Source: The New York Times
March 10, 2010
The announcements came as the United States and its European allies stepped up their efforts to win a tough new round of United Nations sanctions aimed at pressing Iran to rein in its nuclear program.
Over the weekend, The New York Times reported that over [...]
Company Is Latest European Energy Firm to Act as U.S. Considers Sanctions
By Guy Chazan and Spencer Swartz
Source: The Wall Street Journal
March 11, 2010
Royal Dutch Shell PLC said it has stopped gasoline sales to Iran, becoming the latest European energy company to scale back ties with Tehran as the threat of [...]
Move Follows Similar Curbs Put in Place by Other Large Firms Amid Pressure From U.S. Goverment
By Kris Maher and Jay Solomon
Source: The Wall Street Journal
March 10, 2010
Ingersoll-Rand PLC said it has prohibited its subsidiaries from selling products to customers in Iran.
The move by the industrial-parts maker is part of an accelerating trend among major Western [...]
Source: The New York Times
March 6, 2010
The New York Times identified 74 corporations that have done business both in Iran and with the United States government over the last decade, using corporate records filed with the Securities Exchange Commission, company Web sites, news accounts confirmed by interviews with company officials, and Congressional reports. Complete Explanation [...]
Source: Dow Jones/The Wall Street
March 3, 2010
CHICAGO — Ingersoll-Rand PLC (IR) is being targeted over its ties to Iran by a lobby group that has already helped push other industrial groups to sever their business interests in the country.
New York-based United Against Nuclear Iran has called on the diversified industrial company to stop servicing Iran’s [...]
Source: American Enterprise Institute (AEI)
February 19, 2010
German, UK insurance firms cease Iran-related business; Russia delays S-300 delivery; Malaysian gasoline shipments.
NEW BUSINESS PROJECTS IN IRAN
GERMANY
(Global Business in Iran country page, background on foreign relations with Iran)
(February 18, 2010) Munich Re, the world’s largest insurance company, will cease doing business with Iranian firms. The [...]
How Flynt Leverett and his wife, Hillary Mann Leverett, became leading advocates for doing business with Tehran
By Lee Smith
February 9, 2010
Source: Tablet Magazine
First in a two-part series on the dueling Iran lobbies in Washington.
Flynt Leverett is fielding questions from an audience at the New American Foundation for a panel titled “What the Iranian [...]
By JUDY DEMPSEY
February 2, 2010
Source: The New York Times
BERLIN — German companies, long Iran’s biggest trading partners in Europe, are finding it increasingly difficult to do business there as the United States, Israel and others campaign for tougher U.N. sanctions in response to the country’s nuclear program.
Yet even those companies that say they are pulling [...]
January 27, 2010
Source: Reuters
* Some sectors, such as gas, still interested in Iran
* Siemens says rejecting new orders from Iran
* Exports to Iran down but less sharply than other countries
By Michael Shields and Rene Wagner
FRANKFURT/BERLIN – Siemens’ (SIEGn.DE) decision to wind down business with Iran found few followers among German companies on Wednesday, despite mounting [...]
