Monday , 23 September 2019
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United Against Nuclear Iran (UANI) has applauded Germany’s Gottwald Port Technology, and its parent company Demag Cranes AG, for ending business in Iran.

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.”

“This prohibition extends to both the sale of equipment and parts as well as servicing of GPT (Gottwald Port Technology) equipment in Iran,” Demag added.

Demag went on to state that it and Gottwald would not “have any future revenues from sales or business in Iran with the current Iranian regime in place.” Further, Gottwald stated that it “has reformatted its website so that the Abu Dhabi dealer no longer appears when Iran is selected.”

UANI CEO, Ambassador Mark Wallace said, “We applaud Gottwald, Demag, and Terex for ending their business in Iran. Given Iran’s international isolation, no reputable company can continue to do business in Iran.

We also applaud the US government for taking action last year to require companies to reveal certain Iran business in their SEC filings. That policy led Terex to disclose this particular activity, and helped bring it to the public’s attention. When companies are forced to disclose their Iran business, it is the first step to their exit from Iran because the reputational risk of continuing is too great.”

UANI’s Cranes Campaign highlights the Iranian regime’s record of conducting public executions by crane. Since the campaign was launched in 2011, prominent crane manufacturers Palfinger, Terex, Liebherr, Tadano, Konecranes and UNIC have now ended their business dealings with Iran.