Shahid Sattari Industries

Owned or controlled by and acts or purports to act for or on behalf of Shahid Bakeri Industrial Group (SBIG)

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

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Owned or controlled by and acts or purports to act for or on behalf of Shahid Bakeri Industrial Group (SBIG);

Involved in the manufacturing and maintenance of ground support equipment for SBIG;

Subsidiary of Ammunition Industries Group (AMIG);

Produces ammunition components, including fuses, detonators, primers and commercial blastings;

Also Known As:
Shahid Sattari Group Equipment Industries

Involved In:
Missile Weapon Program
Military Weapon Program


Southeast Tehran, Iran

Reason for the color:
» On July 8, 2008, added to the Specially Designated National (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems;
» Added on consolidated list of financial sanctions targets in the UK;
» Listed by the British government in 2008 as an entity of potential concern for WMD-related procurement;
» Listed by the European Union on 18 June 2010, pursuant to U.N. Security Council Resolution 1929, as an entity whose funds and economic resources, and those it owns, holds or controls, must be frozen by E.U. member states, with some exceptions, and within their jurisdiction; E.U. member states must also ensure that funds or economic resources are not made available to or for the benefit of the listed entity;
» Listed in an annex to U.N. Security Council Resolution 1929 of June 9, 2010, as an entity involved in Iran’s nuclear or ballistic missile activities; with some exceptions, the designation requires states to freeze financial assets on their territories which are owned or controlled by the entity, by its agents, by entities it owns or controls, or by entities determined by the Security Council to have assisted the designated entity in evading sanctions; the designation also requires states to ensure that any funds, financial assets or economic resources are prevented from being made available by their nationals or by any persons or entities within their territories, to or for the benefit of the listed entity;