Risk Level:
99% May harm your business future; Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action;

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Status:
Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Info:
Iran Tractor Manufacturing Company (ITMC), the largest tractor manufacturer in the Middle East and North Africa was established in 1968 and predates Iran’s 1979 revolution and the creation of the Basij. However, ITMC is now owned by Mehr Eqtesad Iranian Investment Company and its Negin Sahel Royal Company, generating millions of dollars in profit for the investment firms that represent the economic agenda of the Basij and its Bonyad Taavon Basij;

OFAC is designating Iran Tractor Manufacturing Company (ITMC) pursuant to E.O. 13224 for being owned or controlled by Mehr Eqtesad Iranian Investment Company and Negin Sahel Royal Investment Company;

Mehr Eqtesad Iranian Investment Company, acts as an intermediary for the economic entrenchment of the Basij and Bonyad Taavon Basij;

Subordinate Companies of ITMC:
Sibamotor, Ormia Tractor Manufacturing Company, Kurdistan Tractor Manufacturing Company, Azerbaijan Diesel Vehicles Manufacturing Company, MotrSazan, Iran Tractor Industrial Services Company, Iran Tractor Foundry Company, Engineering and Supplying Company and TCC;

Industry:
Manufacture

Also Known As:
Iran Tractor Manufacturing
Iran Tractor Manufacturing Co.
ITMC

Established:
1968

Country:
Iran

Address:
Sephabod Gharani Avenue, Km 9/5 Karaj Special Road, Corner of Yazar Zarin Street, Opposite Shahab Khodro, Office of The Tractor Engineering, Tehran, Iran;
Tabriz – Sardrood Road – Iran Tractor Plant Complex – 4687

Phone:
19 – 34255800 – 041

Website:
www.itm.co.ir

E-mail:
info@itm.co.ir

Operational Scheme:
Bonyad support network IRGC’s financial lifeline

Articles/Reports:
Bonyad Taavon Sepah – Report

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on October 16, 2018 pursuant to Executive Order 13224, for being owned or controlled by Mehr Eqtesad Iranian Investment Company;


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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.