Risk Level:
unknown %

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

Info:
Danone is a French multinational food-products corporation based in Paris and founded in Barcelona, Spain. The company is listed on Euronext Paris where it is a component of the CAC 40 stock market index. The company’s products are branded Dannon in the United States;

Danone’s lists three Iranian subsidiaries on its website: Danone Sahar, Damavand, and Mashad Milk Powder Industries Company;

Paris-listed Groupe Danone S.A., for example, has a long-standing joint venture that produces Damavand mineral water, Iran’s biggest bottled water brand. Danone increased its stake in that venture to 70% from 40% in 2010;

Danone’s subsidiary Danone Sahar also launched their brand Danone within cream in 2015, while previously the company was only present in baby milk powder and desserts in Iran;

Danone Iran has its own website;

Established:
1919

Industry:
Food Industry

Country:
France

Address:
Boulevard Haussmann 9th arrondissement, Paris France

Website:
www.danone.com
www.danone.ir

Person of interests:
Franck Riboud (Honorary Chairman);
Emmanuel Faber (Chairman and CEO)

Reason for the color:
» French company Danone has a long-standing joint venture that produces Damavand mineral water, Iran’s biggest bottled water brand;
» Despite U.S. sancitons Danone is still working with Iranian regime;


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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.