Weapon Program:
- Nuclear
Address:
Entry 3, No 11, 12th Street, Miremad Alley, Abbas Abad, Tehran
Phone:
+98 21 22922330
Fax:
+98 21 22922329
E-Mail:
Entity Web Site:
www.fitco-ir.com
Involved in purchasing equipment and materials that have direct applications in Iran's nuclear program.
Markets, sells, and services magnetic systems with applications in metallurgy and mining; products include electro-magnetic separators and magnetic traps, plates, and grates.
Company officials reportedly include Khalil Rahmani (manager), Reza Rezaee (R&D manager), Kamran Ahmad Zadeh, and Kiyvan Ahmad Zadeh; established in 2002.
Sanctions
Listed by the European Union on December 1, 2011, as an entity linked to Iran's proliferation-sensitive nuclear activities or Iran's development of nuclear weapon delivery systems; with some exceptions, EU member states must freeze assets owned or controlled by the entity, directly or indirectly, and prevent assets from being made available to it.
Sanctioned by the South Korean government on December 16, 2011, restricting financial transactions with the entity.
Listed by the Japanese government in 2019 as an entity of concern for proliferation relating to nuclear weapons.