Mega Motor

According to their official website Mega Motors Iran is owned by SAIPA Group. Owner of Saipa Corp. is The Industrial Development & Renovation Organization of Iran (IDRO) with 17.3% shares

Status:High Alert – Entity affiliated with Designated / Sanctioned / Illicit entities

Risk Level:89%

May harm your business future.

This entity is connected with designated / sanctioned entities who are helping Iranian Regime Terrorist Activities & development of WMD

Info:
In 1993, Engines, Gearboxes & Axles Automotive Manufacturing Company of Mega Motor was founded and missioned to further decrease country’s automotive industry dependence upon foreign counterparts. Current affairs of Mega Motors follow five main targets as follows;

According to their official website Mega Motors Iran is owned by SAIPA Group;

Owner of Saipa Corp. is The Industrial Development & Renovation Organization of Iran (IDRO) with 17.3% shares. IDRO is added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control on 11/5/2018 for being owned or controlled by the Iranian regime;

Regime controlled companies are using equipment from Mega Motor partners. Terrorist organization IRGC and regime controlled companies are using Mega Motor income to finance terrorism, sponsor terrorist attacks around the world, finance building of nuclear weapons;

Customers:
1. Zamyad
2. Pars Khodro
3. Renault
4. SAIPA Corp
5. SAIPA Yadak
6. SAIPA Bonro
7. SAIPA Citroen

Subsidiaries:
1. Behran Motor
2. Semet Company
3. SAIPA Polos
4. Nasir machine
5. AZ Saipa
6. Ravan Fanavar Engineering Corporation

Partners:
1. GMB Korea Corp.
2. Iljin
3. Renault
4. Punch Power Train
5. SKF
6. NTN-SNR
7. Schaeffler
8.Gkn

Industry:
Automotive Industry

Also Known As:
Mega Motors
Mega Motor Company
Mega Motor Co.
Mega Motor Iran

Country:
Iran

Address:
th 18 km of old Karaj road, Tehran, Iran

Phone:
+98 21 44922455-6

Website:
www.megamotor.ir

E-mail:
info@megamotor.ir

Person of interests:
Abbas Shahriari – Managing Director

Reason for the color:
» Partners Subsidiaries and shareholders of Mega Motor controlled by the regime;