Info:
Mines and Metals Engineering GmbH (M.M.E.) is part of Iran’s foreign trade network;
Mines and Metal Engineering GmbH (M.M.E.) is a Dusseldorf, Germany-based entity that is wholly-owned by Ascotec Holding GmbH;
Ascotec Holding GMBH is involved in the procurement of goods for Iran missile program;
Ascotec Holding GMBH is owned IMIDRO, which is affiliated with the Iranian Ministry of Industries and Mines;
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;
Industry:
Mining Industry
Also Known As:
MME
Established:
1996
Country:
Germany
Address:
Georg-Glock-Str. 3, Dusseldorf 40474, Germany
No. 12 Fourth Alley, South Piroozan Str. Hormozan Str. Shahrak Gharb Tehran, Iran
Phone:
49 211 69 99 05 10
WebSite:
www.mme-co.de
E-mail:
info@mme-co.de
Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on 11/05/2018 as an entity owned or controlled by the government of Iran;
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on August 3, 2010;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;
» Ascotec is involved in the procurement of goods for Iran missile program;