Euroturbine BV

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

Info:
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;

Industry:
Engineering and Construction Svcs

Also Known As:
Euroturbine B.V.

Established:
2002

Country:
Netherlands

Address:
Van Cleefstraat 2 Venlo, 5911 BG Netherlands

Phone:
31-77-320-2640

Website:
www.euroturbine.eu

E-mail:
[email protected]

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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