Continental Automotive

Risk Level:
unknown %

Status:
Risk Alert – Entity in a problematic sector - Sector controlled by the Top Alert entities

Info:
Continental Automotive Systems, founded in 1906 by Alfred Teves, a division of the German Continental AG, is a brake and electronics supplier to the automotive industry, supplying systems, components, electronics, lithium-ion batteries and engineering services for vehicle safety, comfort and powertrain performance;

According to the official website of Crouse Company (Iranian entity), Continental Automotive is working partner with Crosue Company;

Crouse Company in Iran is working with OFAC-designated entities. Iranian partners of Crouse Company are: Bahman Group, Iran Khodro, Renault Pars, SAIPA. Some of these entities are controlled by Iran Regime and IRGC. IRGC is designated as terrorist organization;

Despite U.S. sanctions on Iran regime for sponsoring terrorist organizations, building weapon of mass destruction, working on production of new ballistic missiles and threats to destroy other countries, Continental Automotive from Germany continues to work in Iran;

Industry:
Automotive Industry

Also Known As:
Continental Automotive Systems

Established:
1906

Country:
Germany

Address:
Berlin Germany

Website:
www.continental-automotive.com

E-mail:
info@continental-automotive.com

Reason for the color:
» Foreign partners of Crouse Company – Iran;
» Crouse Company is working with entities sanctioned by US;


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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.