IRGC BUSINESS CONNECTIONS
HOLDING COMPANIES ACCOUNTABLE

Monitoring Companies status and Engagement Levels

All entities are displayed in random order for unbiased representation
No entity is given undue prominence.

AHC GmbH

Germany
AHC GmbH is a German Company specialized in the implementation of demanding large-scale projects for companies in the automotive, construction, rail and industrial sectors.
AHC GmbH is identified as a Company working in Iran, the American MidEast Coalition for Democracy launched a boycott against this company.
ADH is also listed on TradeWithIran.Com and took part in the Baden-Württemberg Delegation to Iran in Tehran on September 2-8, 2016​.

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SKF

Sweden
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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The Banca Popolare di Vicenza S.p.A is part of the Italian BEPR Group. In 2016, BEPR Banca promoted the "trade and investment relations with Iran" conference that took place in Bologna. This event launched the "Middle East - Focus Iran', dedicated to the mechanical and industrial goods sector.
In 2017, the Banca Popolare di Vicenza S.p.A has been mentionned on the foreign banks and financial institutions working with Iran.

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