EE Impact

Entekhab Group

Iran · Electronics

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Still operating in Russia

Entekhab Group is one of the largest Iranian international holdings which seeks to impact industry and economy of Iran and the world.

Status last verified 03/08/2026Source checked 01/10/2024Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 25/09/2024 · Reference ↗

The Iranian manufacturer of household appliances Entikhab Group cannot agree with the Turkish Vestel on the purchase of facilities in the Vladimir region. The deal was valued at $45 million, and Rusklimat was to become the plant's management company. However, they decided that they were not interested in the project. There are other contenders for the capacity of the Turkish vendor, but experts believe that the Iranian investor will be able to find a new scheme and complete the deal. The largest Iranian manufacturer of household appliances, Entekhab Group, has switched to another enterprise after unsuccessful negotiations on the purchase of the Vestel plant in the Vladimir region. The Iranian side is negotiating the purchase of a refrigerator plant of the large Chinese brand Midea in Tatarstan. Entekhab Group's entry into the Russian market is one of the few opportunities for the company to expand production, experts say.

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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