Info:
Belaz is a large Belarusian construction equipment manufacturer specializing in mining. It sells equipment in Iran through the dealer Zagros Machine Mining & Construction Equipment;
In 2017, the U.S. states of Mississippi and New Jersey listed BelAZ on its state list of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering BelAZ ineligible for investment and/or state contracting;
Zagros Machine Company is working with entities that are sanctioned by the U.S. Treasury Department for being involved in Iranian missile or nuclear activites. Zagros Machine Company is working with ChadorMalu Mining and Industrial Company (Entity sanctioned pursuant to E.O. 13871 for operating in the iron, steel, aluminum, or copper sectors of Iran), Mobarakeh Steel Company (owned by Mehr Eqtesad Iranian Investment Company – Entity in connection with IRGC);
Industry:
Automotive Industry
Also Known As:
BelAZ
Country:
Belarus
Website:
www.belaz.by
E-mail:
info@belaz.by
Reason for the color:
» In 2017, the U.S. state Mississippi listed BelAZ on its state list of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering BelAZ ineligible for investment and/or state contracting;
» In 2017, the U.S. state New Jersey listed BelAZ on its state list of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering BelAZ ineligible for investment and/or state contracting;