Unit International

Unit International is still working in Iran despite U.S. sanctions

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

Risk Level:unknown %

Info:
Unit International is Turkish company that is involved in Energy sector;

Ghadir Investment Company, a major Iranian conglomerate, signed a trilateral memorandum of understanding on joint investments in oil and gas field development projects with Russia’s state-owned oil firm Zarubezhneft and Turkey’s Unit International in Moscow on Tuesday.”; (August 10, 2017)

Ghadir Investment Company activities are managing or restructuring Iranian companies on behalf of its share holders, according to reports Ghadir Investment Company is controlled by the IRGC and Supreme Leader of Iran;

Turkish energy company Unit International has reached a $4.2 billion deal with Iran’s energy ministry to build seven natural gas power plants there, in what it said was the biggest investment in Iran since the lifting of sanctions; (2016)

Unit International is still working in Iran despite U.S. sanctions – “Today, we are proud to mention that even during the sanction period we never gave up our old friendship and ties in Iran. Me and my Iranian colleagues went through a difficult period during sanctions but we have always believed that Iran would find its well-deserved place in international business arena. We are confident that Iran will show a great growth story and recuperate the difficult time left behind.”; (Information from their official website “Power Generation in Iran”)

Industry:
Energy Industry

Established:
1974

Country:
Turkey

Address:
Nispetiye Caddesi Akmerkez E3 Blok Kat:13 34337 Etiler – Istanbul / Turkey
Reguliersdwarsstraat 90, 1017 BN Amsterdam, The Netherlands

Phone:
+90 212 319 19 00

Website:
www.unit.com.tr

E-mail:
Info@unit.com.tr

Person of interests:
Unal Aysal (Chairman)

Reason for the color:
» Ghadi”r Investment Company, a major Iranian conglomerate, signed a trilateral memorandum of understanding on joint investments in oil and gas field development projects with Russia’s state-owned oil firm Zarubezhneft and Turkey’s Unit International in Moscow on Tuesday;
» Turkey’s Unit International says agrees to build Iran power plants;