Risk Level:
unknown %

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

S&T Motiv Co., Ltd (formerly S&T Daewoo and previously Daewoo Precision Industries) is a South Korean firearms and auto parts manufacturer founded in 1981;

According to the official website of Crouse Company (Iranian entity), S&T Motiv is business partner with Crouse 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;

Probably sent weapons to Iran:
“A genuine surprise at the DIO’s exhibit at IPAS 2018 was an automatic grenade launcher on a remote weapon station. Iran’s military have Chinese and Russian auto-grenade launchers but this model is clearly a US-made Mk.19 chambered for 40mm high explosive rounds. Or is it? A handful of countries are able to produce licensed Mk.19’s. But the muzzle brake on the multi-grenade launcher at IPAS 2018 resembles a South Korean copy named the “K4” from S&T Motiv. This isn’t the first time an Iranian weapon system looks like it came from South Korea.” – (October 8, 2018 – Iranian Small Arms Manufacturing Is Bigger Than You Think)

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, S&T Motiv from South Korea continues to work in Iran;

Automotive Industry

Also Known As:
S&T Motiv
SnT Motiv
S&T Motiv Co., Ltd


South Korea

363, Yeoraksongjeong-ro, Cheolma-myeon, Gijang-gun, Busan, South Korea




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

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.