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Unilever

Trade risk
TypeCompany[sources]
NameUnilever[sources]
Incorporation datenot available[sources]
Jurisdictionnot available[sources]
CountryUnited Kingdom · Netherlands[sources]
Registration numbernot available[sources]
SectorConglomerate[sources]
Stock ticker symbolNYSE:UL[sources]
Websitewww.unilever.com[sources]
Source linkwww.unitedagainstnucleariran.com[sources]
Last changeLast processedFirst seen

Descriptions

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Iran UANI Business Registry non-official source,

Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, List of Companies Doing Business With State Sponsors Of Terror, Removed from the internet in July of 2007)

Iran UANI Business Registry non-official source,

From 2000-2009, the company was the recipient of $842.1 million US federal funds.  Their business in Iran is currently active.  (The New York Times, "Profiting from Iran, and the US," 3/6/2010) (http://www.nytimes.com/interactive/2010/03/06/world/iran-sanctions.html)

Iran UANI Business Registry non-official source,

Unilever is one of the companies listed as a speaker at the HR Trends Summit taking place from October 18-19, 2016 in Tehran, Iran. (Speakers). (http://www.thepworld.com/pevents/event/129/global-hr-trends-summit-iran)

Iran UANI Business Registry non-official source,

Unilevers Turkish holdings, valued at YTL 100 million, are indicators of its faith in the Turkish economy, said local company spokesman Ebru Senel Erim. The Istanbul offices vast market ranges from Iran, Kazakhstan, Uzbekistan, Turkmenistan, Armenia, Georgia, Tajikistan and Azerbaijan in the East to Macedonia, Albania, Moldova, Romania, Kosovo and Bosnia in the West. (Turkish Daily News, ISTANBUL BECOMES MANAGEMENT HUB, December 17, 2007)

Iran UANI Business Registry non-official source,

"Unilever, acting through its Iranian subsidiary, has signed a joint venture partnership with Golestan Company, the makers of Golestan tea and one of Iran’s best known consumer goods companies. The agreement was signed on November 29, but was formally announced this week." (December 2017) (https://www.bourseandbazaar.com/articles/2017/12/13/unilever-and-golestan-sign-joint-venture-agreement-fmcg)

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, Christine Seib, May 27, 2006) (http://business.timesonline.co.uk/tol/business/economics/article727079.ece)

Iran UANI Business Registry non-official source,

Unilever N.V. (a Dutch company) disclosed in 2016 that its non-U.S. subsidiary, among other relevant transactions, “advertised our products on television networks that are owned by the Government of Iran or affiliated entities,” and further noted that “[i]ncome, payroll and other taxes, duties and fees (including for utilities) were payable to the Government of Iran and affiliated entities in connection with our operations” in the country. (https://www.shearman.com/Perspectives/2018/01/Dynamics-in-the-Era-Iran-Sanctions)

Iran UANI Business Registry non-official source,

According to its Annual Report filed with the SEC for 2019: "Unilever operates in Iran through a non-US subsidiary. In 2019, sales in Iran were significantly less than one percent of Unilever’s worldwide turnover. During the year, this non-US subsidiary had approximately €1,334 in gross revenues and less than €547 in net profits attributable to the sale of food, personal care and home care products to the Hotel Homa Group, which is owned by the Social Security Organization of Iran, and IRR Mohammad Rasoullah Pharmacy & Kowsar ‘Veterans of IRGC’, which are affiliated with the Islamic Republic Revolutionary Guard Corps. Income, payroll and other taxes, duties and fees (including for utilities) were payable to the Government of Iran and affiliated entities in connection with our operations. Our non-US subsidiary maintains bank accounts in Iran with various banks to facilitate our business in the country and make any required payments to the Government of Iran and affiliated entities. While we currently continue our activities in Iran, we are continuously evaluating such activities in the light of the evolving regulatory environment." (https://www.sec.gov/Archives/edgar/data/110390/000119312520067338/d835598d20f.htm)

Iran UANI Business Registry non-official source,

"Unilever, which manufactures products like Dove soap, has been in the Iranian market since at least 2003, operating factories there and maintaining an office in Tehran, according to news reports and the company's Web site. It also sells its products to the American military."

Iran UANI Business Registry non-official source,

Several renowned German companies are involved in major Iranian infrastructure projects, especially in the petrochemical sector, like Linde, BASF, Lurgi, Krupp, Siemens, ZF Friedrichshafen, Mercedes, Volkswagen and MAN. (Thai Press Reports, IRAN/GERMANY IRANIAN-GERMAN TRADE UP 78%, December 8, 2008)

Iran UANI Business Registry non-official source,

Relationships

Data sources

Iran UANI Business Registry2,364

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 of America · UANI · non-official source


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