Company name: SKF
Country: Sweden
Status: Reported Involvement
Activity: The SKF Group is a Swedish bearing and seal manufacturing company. Around 2015, the SKF CEO announced its interest about the Iranian market and declared that " “'Iran is a country with both car and oil industries, and a lot of other industrial sectors as well. If all sanctions and obstacles to business disappear, it will naturally be a positive development for us.'". In the same time, Iran used to appear on the SKF's official website on the "Middle East section" ; now the country doesn't appear anymore. Since 2020 the Californian authorities are reporting that SKF is potentially providing bearing and lubrication products in Iran. Currently, The SKF Group appears on the Iranian trading company CBI as a "top manufacturer of industrial equipment".
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