Nex Systems
Company

SK Networks Ltd.

Trade risk

South Korea.

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Summary

Company website lists branch in Tehran, Iran as part of global network. (Company Website) (http://www.sknetworks.co.kr/eng/esknproc/network/europe.jsp#4)

From 2000-2009, the company was a recipient of $36.6 million US federal funds.  Their business investments in Iran are currently active.  (The New York Times, "Profiting from Iran, and the US," 3/6/2010) (http://www.nytimes.com/interactive/2010/03/06/world/iran-sanctions.html)

"SK Networks has been in Iran since 1984, supplying chemical products as well as steel to Iran Khodro Co. and Saipa Corp., two of the largest automakers in the Middle East, according to the company's Web site.  SK Networks official Park Woo Sung said that the company's Iran business is currently more focused on selling steel to wholesalers than on the auto industry."

Connections2

Owned by1

  • SK GroupTrade risk
    Share not stated
    South Korea

Other links1

  • SK GroupTrade risk
    Linked to
    "Affiliate"South Korea

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