Company

Poyry

Trade risk

Finland.

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Summary

As of August 15, 2019, the state of Iowa listed Poyry on its Iran scrutinized companies list. (https://www.ipers.org/sites/default/files/media/2017%2009%20Iran%20Prohibited%20Companies%20List%2009-30-17.pdf)

Pöyry announced its “Bronze” sponsorship of the Iran Power Investment Summit 2016, which took place at the Parsian Esteghlal International Hotel in Tehran on November 1-2, 2016.  (Pöyry Website, “All Events”).  (http://www.poyry.com/news/all-events#4126)

On October 25-26, 2016,  Pöyry took part in a delegation of Finnish officials and businesses that took place in Tehran.  (EK (Helsinki), “Iran kansainvälisten yritysten huomion keskipisteessä,” 10/20/2016).  (https://ek.fi/ajankohtaista/uutiset/2016/10/20/iran-kansainvalisten-yritysten-huomion-keskipisteessa/)

In 2007, Pöyry struck a €7 million deal with SEPASAD Engineering Co. for “engineering services duing the implementation of the Rudbar-e-Lorestan hyropwer project.”  (NASQAD Global Newswire, “Pöyry Awarded Eur 7 Million Hydropower Contract in Iran,” 6/18/2007).  (https://globenewswire.com/news-release/2007/06/18/94029/0/en/P%C3%96YRY-AWARDED-EUR-7-MILLION-HYDROPOWER-CONTRACT-IN-IRAN.html)

In 2018 the U.S. state of Iowa listed Poyry as an Iran restricted company rendering Poyry ineligible for investment and/or state contracting.

In 2019, AF Poyry was listed on the Texas Pension Review Board List of Scrutinized Companies doing business in Iran pursuant to Chapter 807.054, Government Code.     (https://web.archive.org/web/20200123143027/https://www.tn.gov/generalservices/procurement/central-procurement-office--cpo-/library-/public-information-library.html)

As of May 17, 2021, Iowa's Public Employee's Retirement System lists Poyry on its Iran Scrutinized Companies List. (http://www.mfprsi.org/site_media/uploads/divestments/iran_list.pdf) (https://www.ipers.org/sites/default/files/IPERS%27%20Iran%20Prohibited%20Companies%203Q19.pdf)

In 2003, Pöyry was contracted “to perform the detailed engineering design of the Sharyar Dam” in northwest Iran.  (Pöyry Website, “Ostour Dam & Hydropower Project, Iran”). (http://www.poyry.com/projects/ostour-dam-hydropower-project-iran)

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