Modaber Investment Company

Also Known As: 

Modaber
Tadbir Industrial Holding Company

Address: 

No. 43, Ebrahimzadeh Alley, Ayatollah Maliki Street, Tajrish Square, Tehran, Iran

Phone: 

02122754019

Fax: 

02122754014

E-Mail: 

info@modaberinvest.com

Entity Web Site: 

www.modaberinvest.ir

An Iranian industrial and mining holding company; involved in energy, chemical, construction, tourism, and manufacturing industries.

Controlled by the Execution of Imam Khomeini's Order (EIKO) international financial network, which acts on behalf of the Government of Iran; a subsidiary of Tadbir Economic Development Group; oversees other companies within the EIKO network, including Rishmak Productive and Export Company and Zarin Rafsanjan Cement Company.

Other subsidiaries reportedly include Melli Investment Company, Alfelder Company, Moin Kar Support Services, Techno-Frigo, Karoon Phosphates Complex, and Persian Gulf Optimal Construction.

Company officials have included Gholamreza Shafei (president of the board), Abas Vardinejad (vice president of the board), Alireza Khodakarami, Tahir Mohabbati Zohan, and Mohammad Reza Rostami (general manager).

Established in 2001; company registration number is 177441.

Sanctions

As part of the re-imposition of U.S. sanctions on Iran, added on November 5, 2018 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 13599, which targets entities controlled by the Government of Iran and Iranian financial institutions; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.

Previously added to the SDN list on June 4, 2013, pursuant to Executive Order 13599; removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action, but identified as a part of the Government of Iran, prohibiting transactions with U.S. parties.

Date Entered: 

January 16, 2016

Date Last Modified: 

December 10, 2018