ASCOTEC Steel Trading GMBH

Entity that is owned or controlled by Ascotec Holding GmbH either directly or indirectly through Mines and Metal Engineering GmbH (M.M.E.), Ascotec Steel Trading GmbH is part of Iran's foreign trade network

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

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

Info:
Ascotec Steel Trading GmbH is a Dusseldorf, Germany-based entity that is owned or controlled by Ascotec Holding GmbH either directly or indirectly through Mines and Metal Engineering GmbH (M.M.E.);

Ascotec Steel Trading GmbH is part of Iran’s foreign trade network;

Ascotec Holding GMBH is involved in the procurement of goods for Iran missile program;

The Ascotec Holding GmbH [established in 1990] is owned by the Iranian regime and is subordinate to the Iranian Ministry of Industries and Mines (IMIDRO);

Industry:
Supply & Procurement Steel
Steel & Raw Material Trading
Engineering
Development and Empowerment of the Steel Industry

Involved In:
Military Weapon Program
Missile Weapon Program

Also Known As:
ASCOTEC STEEL

Country:
Germany

Address:
Tersteegenstr. 10, Dusseldorf 40474, Germany; Georg-Glock-Str. 3, Dusseldorf 40474, Germany

Phone:
+49 211 47 05 20

Website:
http://www.ascotec.com

Email:
info@ascotec.com

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 11/05/2018;
» 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 August 3, 2010;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;
» Ascotec Holding GMBH is involved in the procurement of goods for Iran missile program;