ABB Group

Despite US sanctions on Iran Regime, ABB Group continues to work in Iran

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

Risk Level:unknown %

ABB (ASEA Brown Boveri) is a Swiss-Swedish multinational corporation headquartered in Zurich, Switzerland, operating mainly in robotics, power, heavy electrical equipment and automation technology areas. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years;

According to the official website of Neda Industrial Group, Neda Industrial Group is using technologies of AAB. Neda Industrial Group according to the U.S. Department of Justice, is involved in conspiracies to illegally export, to prohibited entities and to Iran, numerous U.S.-manufactured commodities with potential military applications, including use as components in the construction of improvised explosive devices (IED) similar to those being used in Iraq and Afghanistan;

Also according to the official website of Nirou Taban Company, ABB Group is official working partner of Nirou Taban. Nirou Taban Spadana Company works in oil and gas sector in Iran. Oil and Gas Industry in Iran is controlled by IRGC. IRGC is terrorist organization that uses petrochemical revenues to finance terrorism;

According to the official website of the Swedish-Swiss multinational corporation ABB, they have office, and they are working in Iran;

Six delegates from ABB are listed as registered delegates at the 3rd Europe-Iran forum that took place from May 3-4, 2016 in Zurich, Switzerland. (Registered Delegates and Press at the 3rd Europe-Iran Forum);

ABB is reviewing international sanctions developments regarding Iran and finalizing existing contracts in line with such developments. “Sensitive Countries,” ABB, June 2018;

Despite U.S. sanctions on Iran regime, and regime support for terrorist organization, terrorist attacks, buling weapons of mass destruction building missiles and threats to destroy other countries, ABB Group continues to work in Iran;

Electrical equipment

Also Known As:
ABB Ltd.
ASEA Brown Boveri



Zurich, Switzerland



Person of interests:
Peter Voser (interim CEO)
Peter Voser (Chairman)

Reason for the color:
» ABB office in Tehran – Iran;