Bahman Group

Status:
Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Info:
Bahman Group is owned by the designated IRGC Cooperative Foundation;

Bonyad Sepah manages to maintain a commanding, yet clandestine, influence on the Iranian economy is that of the Bahman Group, one of the prominent car manufacturers in Iran;

The group’s main activities concentrate in the automotive industry, it is a licensed vehicle manufacturer of the following brands: Mazda, Isuzu, Faw, ZXAUTO, Tmec;

Among its clients in Iran, the group has contracts with government ministries as well as the armed forces (army as well as IRGC);

Also, the group through its subsidiary, ParsBoschung, provides and installs multipurpose machinery used for road and airport maintenance;

Among ParsBoschung’s business partners, are various European companies such as the Swiss Company Boshung (which also owns 3.625% of ParsBoschung’s shares ), Italian companies such as: OFTMB, ETD, AMCO VEBA, ASSALONI, Turkish Companies such as: HYDROMAC and French companies such as: ACOMETIS;

Bahman Group is also active in the telecommunications and energy sectors;

Established:
1952

Country:
Iran

Industry:
Holding Company

Website:
www.bahmangroup.com

Person of interests:
Kharazmi, Ghadir

Reason for the color:
» Bahman Group is a Tehran-based manufacturing conglomerate 45.5% owned by the designated IRGC Cooperative Foundation

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