SKF

In 2017, CalSTRS designated SKF AB as “Under Review” for reportedly providing bearing and lubrication products to Iran CalSTRS maintained the “Under Review” designation in 2018. (https://www.unitedagainstnucleariran.com/company/"In 2017, CalSTRS designated SKF AB as “Under Review” for reportedly providing bearing and lubrication products to Iran CalSTRS maintained the “Under Review” designation in 2018.")

maintained the company in “monitor” status for 2020. CalPERS continues to monitor the company for possible changes in status relevant to the Act." (https://www.calpers.ca.gov/docs/forms-publications/iran-sudan-divestment-2020.pdf)

Lists SKF Eurotrade AB - Iran on its company website as its location in Iran. (http://www.skf.com/mena/our-company/index/SKF-in-Iran/index.html)

“'Iran is a country with both car and oil industries, and a lot of other industrial sectors as well,' said Alrik Danielson, head of SKF, the ball bearings giant. 'If all sanctions and obstacles to business disappear, it will naturally be a positive development for us.'" (The Local, "Swedish CEOs see big Potential in Iran," 7/19/15) (http://www.thelocal.se/20150719/swedish-ceos-see-big-potential-in-iran)