AB SKF is a Swedish bearing and seal manufacturing company founded in Gothenburg, Sweden;
Despite U.S. sanctions on Iran, SKF from Sweden continues to work in Iran according to their official website.
Iran regime is responsible for funding terrorist organizations, sponsoring terrorist attacks around the world, killing American soldiers and building weapons of mass destruction;
In 2017, CalSTRS designated SKF AB as “Under Review” for reportedly providing bearing and lubrication products to Iran CalSTRS maintained the “Under Review” designation in 2018;
Lists SKF Eurotrade AB – Iran on its company website as its location in Iran;
“’Iran is a country with both car and oil industries, and a lot of other industrial sectors as well,’ said Alrik Danielson, head of SKF, the ball bearings giant. ‘If all sanctions and obstacles to business disappear, it will naturally be a positive development for us.'” (The Local, “Swedish CEOs see big Potential in Iran,” 7/19/15);
Blohm + Voss Industries
General Bearing Corp.
Also Known As:
4th Floor, No. 24 Arjantin Square Tehran Iran
Person of interests:
Hans Stråberg (Chairman)
Alrik Danielson (President & CEO)
Hadi Daneshjou – Managing director (Iran )
Reason for the color:
» Despite U.S. sanctions SKF continues to work in Iran;