European companies are rushing to have first access to the lucrative, almost 80-million-person strong Iranian economy.


  1. A delegation of Danish executives visited Tehran to discuss construction, shipping and wind power.
  2. Maersk has met with Iranian officials
  3. Novo Nordisk plans to build a pharmaceutical plant in Iran


  1. Airbus has made a $25 billion agreement with Iran for the purchase of 118 brand new aircrafts. The first units will arrive this year and the last in 2022.
  2. Peugot-Citroen has a $430 million deal with Iran Khodro Co. to produce 200,000 cars a year there, starting in 2017.
  3. Renault signed a €660m agreement with Iran this month to increase its production capacity from 200,000 to 350,000 cars .
  4. Total has signed to import crude oil. Total, signed a multibillion-dollar deal to expand the development of Iran’s South Pars gas field, one of the largest in the world. This agreement is the first major oil and gas deal between a Western company and Iran since the removal of sanctions in January 2016.
  5. SNCF has an agreement with its Iranian counterpart.


  1. Daimler has signed a preliminary agreement with Iran Khodro Co, the largest automaker in the country. Daimler believes it can sell as many as 40,000 trucks a year.
  2. Volkswagen is working with local automotive firm Mammut Khodro to sell its cars in Iran.
  3. Siemens  signed a memorandum of understanding with Iran to engage in talks on improving infrastructure in the rail sector.
  4. BASF's Wintershall has signed a memorandum of understanding with the National Iranian Oil Company (NIOC), to carry out “studies on four oil fields in western Iran


  1. Saipem, a subsidiary of Italian oil and gas giant Eni, signed a Memorandum of Understanding with the Persian Oil & Gas Company that could be worth $ 4-5 billion
  2. Danieli signed an agreement worth $6 billion to supply heavy machinery.
  3. Fincantieri SpA
  4. Ansaldo Energia SpA.
  5. Fiat-Chrysler is also looking to rejoin the Iranian automotive market.
  6. Ferrovie dello Stato, has grabbed the contract to lay high-speed railway lines in Iran, a deal expected to be worth 3 billion euros.
  7. Enel has struck a deal with the National Iranian Gas Export Company for cooperation in natural gas, liquefied natural gas, and related infrastructure.
  8. Eni can now import oil from Iran.

United Kingdom

  1. National Iranian Oil Company is also in talks with the UK-based Shell company for “supply of oil from Iran to Shell's refineries in South Africa.
  2. Iran is also holding talks with British Petroleum

Listed Companies

  1. Airbus
  2. Ansaldo Energia SpA.
  3. BASF's Wintershall
  4. British Petroleum
  5. Daimler
  6. Danieli  
  7. Enel
  8. Eni
  9. Ferrovie dello Stato
  10. Fiat-Chrysler
  11. Fincantieri SpA
  12. Maersk 
  13. Novo Nordisk 
  14. Peugeot-Citroen  
  15. Renault
  16. Saipem
  17. Shell  
  18. Siemens 
  19. SNCF
  20. Total
  21. Volkswagen


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