Involved in procurement for Iran's uranium enrichment facilities.

Participated in the construction of the Natanz Uranium Enrichment Plant in cooperation with Kalaye Electric; involved in procurement for the Qom (Fordow) uranium enrichment facility from 2006 to 2008, when the site was still undeclared, and was involved in the installation of electrical equipment at the facility; uses Arya Niroo Nik as a front for its activities. 

Reportedly designs and engineers electrical systems, manufactures low voltage protection and control panels, designs and manufactures high voltage mobile substations, and undertakes high and medium voltage substation turnkey jobs; products include geographic information system (GIS) equipment, high disconnecting switches, switchgears, and capacitors. 

Maintains partnerships with Sunir, Mehrabad Industries, Decom Technology, Electrical and Industrial Laboratories, Niroo Investment, and Pasargad Bank; has completed projects in Iran, Iraq, Pakistan, and Senegal.

Reportedly the "mother" company in Fulmen Group; Fulmen Distribution, part of Fulmen Company, distributes all of the low voltage products of the Fulmen Group.

Company officials reportedly include Fereidoun Mahmoudian (manager), Bahman Tehrani, and Shobeiri Hassan.

On November 28, 2013, the Court of Justice of the European Union affirmed a lower court's judgment annulling the restrictive measures against Fulmen because the Council of the European Union had not provided evidence that Fulmen had been active at the Qom/Fordow site; the Court of Justice rejected the argument by the Council of the European Union that the secrecy or confidentiality of the available evidence against Fulmen justified not disclosing that evidence to the Court.

Appears on the U.S. Department of the Treasury's Specially Designated Nationals (SDN) list as the same entity as Fulmen Group.

Established in 1975.

Sanctions

Listed by the European Union on July 26, 2010 as an entity linked to Iran's proliferation-sensitive nuclear activities or Iran's development of nuclear weapon delivery systems; removed from the E.U. list on December 19, 2013.

Designated by the U.S. Department of State on November 21, 2011, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; added on November 21, 2011, to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382; foreign parties facilitating transactions for the entity or otherwise assisting the entity may be subject to U.S. sanctions; also subject to the Iranian Financial Sanctions Regulations; foreign financial institutions facilitating transactions for the entity may be prohibited from opening or maintaining correspondent or payable-through accounts in the United States.

Sanctioned by the governments of Australia and Canada, restricting business and financial transactions with the entity and/or freezing its assets in those countries.

Listed by the Japanese government in 2023 as an entity of concern for proliferation relating to nuclear weapons.

Listed by the British government in 2015 as an entity of potential concern for WMD-related procurement, but removed in 2017 after the U.K. withdrew its Iran list.