Join us on

SK Networks Ltd.

SK Networks Ltd.

Industry: 
Conglomerate
Value of USG Contracts: 
37
Symbol: 
KRX: 001740
Country: 
South Korea
Contact Information: 
Sources: 

 

"An economic mission consisting of representatives from 236 of the nation’s businesses are heading to Iran with President Park Geun-hye next month now that the sanctions against Iran have been lifted… The nation’s No. 3 conglomerate, SK Group, will send its chairman, Chey Tae-won, as well as executives from its oil refiners SK Innovation, SK Networks and SK Energy.” (Korea JoongAng Daily, “More than 230 Korean businessmen join entourage to Tehran,” 4/28/2016)

--

Company website lists branch in Tehran, Iran as part of global network. (Company Website)

--

"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."

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)

Response: 

No response at this time.