Also Known As:
- Unit 501, No. 17, Beside Samen Drugstore, Hakim West Highway, Tehran, Iran
- No. 1401, Cross 5th Golazin and 2nd Golara, Eshtehard Industrial Zone, Eshtehard, Alborz, Iran
+98 21 88812108
+98 21 44000509
Entity Web Site:
Produces cranes for use in the petrochemical, oil, nuclear power, steel, automotive, and defense sectors.
Added on September 14, 2017 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, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.
Provides financial and material support for Iran’s Islamic Revolutionary Guard Corps (IRGC), according to the U.S. Department of the Treasury; since at least 2014, has entered into contracts with IRGC to procure and install multi-ton, explosion-proof crane systems for the IRGC Research and Self-Sufficiency Jehad Organization.
Designs, produces, and manufactures overhead, gantry, and jib cranes for explosive and corrosive environments; has served as representative in Iran for Italkrane (Italy), GIS Swiss Lifting Solutions (Switzerland), Misia Paranchi (Italy), and Uralkran Cranes and Components (Russia).
Company officials include Ehsan Saghafi (managing director) and Saeed Gholami (chairman); registration number is 126255; established in 1996.