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

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

Euroturbine B.V. provides mechanical engineering services. The Company designs prototypes of various parts for gas and steam turbines, as well as offers repair, maintenance, and upgrading supports. Euroturbine serves customers throughout Europe. Euroturbine has established alliance agreements with many turbine research centers, vendors of turbine parts and equipment manufacturers of the turbine industry. Through these alliances, Euroturbine has unique access to a complete chain of supply to render Design & Engineering services and provide long-term supply contracts. Euroturbine employs a group of engineers and company executives with many years of experience in rotating equipment for the power generation and oil & gas industry;

Euroturbine BV has been convicted of illegally exporting to Iran gas turbine parts that could be used in the manufacture of weapons;

A court in the southern province of Limburg convicted Euroturbine BV on Monday of setting up shell construction companies aimed at avoiding Dutch export license requirements that were tightened in 2009. The Dutch company was fined 500,000 euros ($565,383) and a Bahrein-based subsidiary 350,000 ($395,800);

The Limburg Court says the shell constructions were set up “so that gas turbine parts could still be sold to clients in Iran.” The court statement did not identify the clients;

The company’s director, an indirect shareholder and an employee were sentenced to perform unpaid community service for their roles in the export scam. Their identities were not released;

Engineering and Construction Svcs

Also Known As:
Euroturbine B.V.



Van Cleefstraat 2 Venlo, 5911 BG Netherlands




Person of interest:
Mr J.J.J.M. Hermans – MD/Chief Operating Officer

Reason for the color:
» Euroturbine BV has been convicted of illegally exporting to Iran gas turbine parts that could be used in the manufacture of weapons;

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IFMAT Color Guide

We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation.
GeoLocation divisions are divided into two fields, Black List and Gray List.
BlackList is a list of all companies, organizations and figures who originate from Iran.
GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran.
We identify risk of entities by COLOR selection, each color marks the risk level of the entity.(by declining order)
Designated / Sanctioned / Illicit entities
Entities affiliated with Designated / Sanctioned / Illicit entities.
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
Entities in a problematic sector - Sector controlled by the Top Alert entities.
Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. Be sure.