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

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

Info:
Operates within the Atomic Energy Organization of Iran (AEOI) and has transferred funds on behalf of AEOI to entities associated with Iran’s nuclear program;

According to the U.S. government, has transferred millions of dollars on behalf of the AEOI;

Reportedly involved in building centrifuge parts; according to the National Council of Resistance of Iran (NCRI), is comprised of approximately 15 companies;

Headed by Javad Karimi Sabet;

Has been involved in work at the reactor (IR-40) located at the Arak Heavy Water Complex (IR-40), according to the NCRI;

Also Known As:
Noveen Energy Company
Energy Novin
Pars Novin
New Energy Company

Involved In:
Nuclear Weapon Program
Missile Weapon Program

Country:
Iran

Address:
– End of North Karegar Avenue, Tehran, Iran
– Seyyed Jamal Aldin Assadabadi Avenue, 15th street, Number 33, Tehran, Iran

Person of interests:
Javad Karimi Sabet

Reason for the color:
» As part of the re-imposition of U.S. sanctions on Iran, added on November 5, 2018 to the Specially Designated Nationals (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 13599, which targets entities controlled by the Government of Iran and Iranian financial institutions; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions;
» Listed in an annex to U.N. Security Council resolution 1747 of March 24, 2007, as an entity involved in Iran’s nuclear or ballistic missile activities;
» Removed from the U.N. list in January 2016 by U.N. Security Council resolution 2231;
» Listed by the European Union on April 21, 2007, pursuant to U.N. Security Council resolution 1747; Removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action;
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on January 4, 2006, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their supporters;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;


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IFMAT Color Guide

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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)
 
TOP ALERT
Designated / Sanctioned / Illicit entities
 
HIGH ALERT
Entities affiliated with Designated / Sanctioned / Illicit entities.
 
MEDIUM ALERT
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
 
RISK ALERT
Entities in a problematic sector - Sector controlled by the Top Alert entities.
 
GENERAL ALERT
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.