Sanctioned for support to:
EU: October 19, 2023
Shahid Hemmat Industrial Group (SHIG)
Shahid Hemmat Industrial Group (SHIG) is responsible for core elements of the Iranian ballistic missile program. It produces the Shahab-3 and Ghadr ballistic missiles and has cooperated with North Korean and Chinese companies in the development and production of these missiles.
"The Shahid Hemmat Industrial Group (SHIG) is responsible for Iran's ballistic missile programs, most notably the Shahab-3 medium range ballistic missile which is based on the North Korean No Dong missile. The Shahab-3 is capable of carrying chemical, nuclear, and biological warheads and has a range of at least 1500 kilometers. SHIG has received help from China and North Korea in the development of this missile." Testimony of Pat O'Brien, Treasury Department, June 22, 2006.
"KOMID [North Korean weapons sales company] has offices in multiple countries around the world and aims to facilitate weapons sales. TCB [Tanchon Commercial Bank--North Korean bank] plays a role in financing KOMID's sales of ballistic missiles and has also been involved in ballistic missile transactions from KOMID to Iran's Shahid Hemmat Industrial Group (SHIG), the U.S. and UN-designated Iranian organization responsible for developing liquid-fueled ballistic missiles." Treasury Press Release, January 24, 2013