Iranian Entity: Simatic Development Co.
|Simatic Development Co.|
|Also Known As:|
|Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on November 21, 2011, freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; designated for providing support to Iran's nuclear program and Kalaye Electric (see separate entity record); linked to the Atomic Energy Organization of Iran (AEOI - see separate entity record).
Entered into contracts with suppliers, on behalf of Kalaye Electric, for the purchase of inverters to power centrifuges, according to the U.S. Treasury Department.
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