UANI applauds Gottwald for ending business with Iran

According to a UANI report, it publicly called on Gottwald last month  to end its services in Iran, including the sale of mobile harbour cranes and other cranes used in ports and terminals.

The report continued that the Terex Corporationwhich owns a majority interest in Demag, disclosed in its latest 10-K form to the US SEC that Demag had in 2012 “exported from Germany overhead crane components and spare parts to three entities in Iran.”

Following UANI’s call Demag Cranes contacted UANI, and stated that it has “implemented a company policy prohibiting all business transactions in Iran whether permitted by law or not.”