Iran International Engineering Company (IRITEC), was established in 1975 with the cooperation of National Iranian Steel Industries Company, Bank of Industry and Mine and former Italian Company “ITALIMPIANTI” as shareholders to provide engineering services to Iranian Steel Industries.
According to IRITEC official website, IRITEC is working on projects that are controlled by:
1. Mobarakeh Steel Company
OFAC designated Esfahan’s Mobarakeh Steel Company pursuant to E.O. 13224 for assisting, sponsoring, or providing financial, material, or technological support for, or financial or other services to or in support of, Mehr Eqtesad Iranian Investment Company. Mehr Eqtesad Iranian Investment Company, acts as an intermediary for the economic entrenchment of the Basij and Bonyad Taavon Basij, both connected to IRGC;
IRITEC – DRI Projects – Client: Mobarakeh Steel Company
2. National Iranian Oil Company
– Iranian government energy company overseen by Iran’s Ministry of Petroleum, has provided support to the Islamic Revolutionary Guard Corps (IRGC), has awarded contracts to Khatam Al-Anbia, a construction and development wing of the IRGC;
IRITEC – Oil and Gas Projects – Client: National Iranian Oil Company
3. Iranian Mines and Mining Industries Development and Renovation Organization
– The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) is an Iran-based entity that is owned or controlled by Iran’s Ministry of Industries and Mines. IMIDRO is a major holding company that provides services to and aims to expand Iran’s mining and mineral goods sector;
IRITEC – SMP and Rolling Projects – Client: IMIDRO
4. National Iranian Steel Company
-Entity owned/controlled by the Iran regime;
IRITEC – Mining Projects – Client: National Iranian Steel Company
Others projects owners are:
1. Khuzestan Steel Company
2. International Metal Materails Production and Development
3. Khorasan Steel Complex
4. Arfa Iron & Steel Company
– Shareholders of Arfa Iron & Steel Company are companies that have connections to the terrorist organizations IRGC;
5. Iranian Ghadir Iron & Steel
6. Industrial Development and Renovation Organization of Iran (IDRO)
– Controls companies involved in work for Iran’s nuclear and missile programs and is involved in the foreign procurement of related manufacturing technologies, according to the European Union;
