Bayer

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

Info:
Bayer looks back on a very long history in the Iranian market and has been present with an own entity in Iran for more than 50 years;

Works in Iran through its subsidiary Bayer Parsian AG;

Bayer Parsian supports the supply of the local market with important pharmaceuticals products;

The Managing Director of “Bayer Middle East FZE”, Mr. Harald Liedtke, serves as a board member of the German-Iranian Chamber of Commerce in Tehran;

Bayer has been selling products in Iran since the 1880s, according to the company, and founded its first local subsidiary there in the 1960s;

Despite U.S. sanctions their activities in Iran are still active;

Established:
1 August 1863

Industry:
Pharmaceutical Industry

Country:
Germany

Address:
51368 Leverkusen Germany

Phone:
+49 214 30-1

Website:
www.bayer.com

Person of Interests:
Werner Baumann (CEO);
Werner Wenning (Chairman of the supervisory board);

Subsidiaries:
Medrad Incorporated

Reason for the color:
» Bayer is still active and it is profiting from Iran;
» Despite U.S. Sanctions Bayer is still working with Iranian regime;

You May Be Interested