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British American Tobacco

Trade risk
British American Tobacco is an entity of interest. It has not been found on international sanctions lists.
TypeCompany[sources]
NameBritish American Tobacco[sources]
Incorporation datenot available[sources]
Jurisdictionnot available[sources]
CountryUnited Kingdom[sources]
Registration numbernot available[sources]
SectorTobacco[sources]
Stock ticker symbolLSE:BATS[sources]
Websitewww.bat.com[sources]
Source linkwww.unitedagainstnucleariran.com[sources]
Last changeLast processedFirst seen

Descriptions

As of August 27, 2019, British American Tobacco is listed on the Illinois Investment Policy Board list of Iran restricted companies. (https://www2.illinois.gov/sites/iipb/Pages/ProhibitedInvestmentList.aspx)

Iran UANI Business Registry non-official source,

"GIANTS WITH A FOOT IN TEHRAN: Total, Shell, Statoil, BNP Paribas, Commerzbank, MTN, UPS, Linde, Technip, Nokia, Ericsson, Peugeot, Renault, OMV, Societe Generale, ENI, Mitsubishi, Sumitomo, Siemens, LG, Samsung, Bosch, Valeo, Nestle, Unilever, BAT, Japan Tobacco." (The London Times, "American pressure threatens UK firms," 5/27/06) (http://business.timesonline.co.uk/tol/business/economics/article727079.ece)

Iran UANI Business Registry non-official source,

BAT believes, and maintains policies and procedures designed to ensure, that its activities in Iran and elsewhere comply in all material aspects with the applicable and relevant trade sanctions laws and regulations, including US and other international trade sanctions and/or embargoes. BAT’s sanctions policies and procedures have been designed to be as robust as possible. However, there can be no absolute assurance that these policies and procedures will be effective. Were they to be ineffective, penalties or sanctions could be imposed against BAT, which could be material. To the extent permitted under applicable law, and as long as it continues to meet BAT’s risk management and operational requirements, BAT Pars’ activities in Iran are expected to continue."

Iran UANI Business Registry non-official source,

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Iran UANI Business Registry non-official source,

Lists British American Tobacco Pars in Tehran, Iran on its company website. (http://www.bat.com/group/sites/UK__9D9KCY.nsf/vwPagesWebLive/DO9FCLZ4)

Iran UANI Business Registry non-official source,

Concerning the business of BAT Pars, various elements such as income tax, payroll, social security, other taxes, excise, monopoly fees, duties and other fees, including for utilities, licences and judicial fees to commence litigation, are payable to the Government of Iran and affiliated entities regarding BAT Pars’ operation. BAT Pars maintains bank accounts in Iran with various banks to facilitate its operations in the country and to make any required payments, as described above, to the Government of Iran and affiliated entities regarding its operations.

Iran UANI Business Registry non-official source,

Dec 2016 Subsidiary filings with SEC lists B.A.T. Pars Company as its subsidiary. (https://www.sec.gov/Archives/edgar/data/1303523/000119312517168591/d352136dex211.htm)

Iran UANI Business Registry non-official source,

According to its Annual Report filed with the SEC for fiscal year 2019: "BAT has a local operation in Iran, established on 18 October 2003, through its wholly-owned non-US subsidiary, B.A.T. Pars Company (Private Joint Stock) (BAT Pars). BAT Pars produces its products, which include Kent, Pall Mall and Montana brands, in its own factory in Eshtehard, which is in the Alborz province of Iran. BAT Pars distributes its product via 75 sub-agents with national and provincial distribution licences, who sell products to wholesalers and retailers with the support of BAT Pars’ sales representatives. BAT Pars has 307 direct employees and an additional 1,159 contract workers supplied by a private company. (https://www.sec.gov/Archives/edgar/data/1303523/000119312520086441/d852737d20f.htm)

Iran UANI Business Registry non-official source,

"B.A.T. [British American Tobacco] said it now makes cigarettes for export to Iran in Turkey. (USA Today, "From bull semen to bras, Iran still buys American," 7/9/08) (http://www.usatoday.com/news/washington/2008-07-08-350908565_x.htm)

Iran UANI Business Registry non-official source,

During the year ended 31 December 2019, BAT did not have any gross revenues or net profits derived from transactions with the Government of Iran or affiliated entities.

Iran UANI Business Registry non-official source,

Speaking at a press briefing on May 17, Afzali said that Japan Tobacco International (JTI) and British American Tobacco (BAT) control more than 61 percent of sales and some 70 percent of the value of the cigarette market in Iran. Afzali estimated that JTI and BAT supplied 46 billion cigarettes to Iranian consumers in the calendar year to late March." (Tobacco Reporter, "Foreign Firms Dominate Iranian Cigarette Market," 5/18/21) (https://tobaccoreporter.com/2021/05/18/itc-foreign-companies-dominate-iranian-cigarette-market/)

Iran UANI Business Registry non-official source,

"Despite recent gains by Iranian Tobacco Co. (ITC), multinationals continue to dominate the Iranian cigarette market, according to a report by PressTV, citing ITC CEO Siavash Afzali.

Iran UANI Business Registry non-official source,

Relationships

Data sources

Iran UANI Business Registry2,713

List of companies involved in international business with or in Iran, including their withdrawal status from Iranian business ties, maintained by United Against Nuclear Iran (UANI).

United States · UANI · non-official source


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