Klinger Italy Srl

“The European Union today said they are against the decision but how strong they will be in their positions will have a great impact on the future of European companies’ activities in Iran….I believe they strongly support their companies,” he further added." (Tehran Times, "Europeans at Iran Oil Show don’t seem shaken by U.S. decision," 5/8/2018). (https://www.tehrantimes.com/news/423408/Europeans-at-Iran-Oil-Show-don-t-seem-shaken-by-U-S-decision)

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Asked about Trump’s recent decision on abandoning the JCPOA and its effects on the Italian companies’ strategies and policies toward Iran, Pittaluga said, “Italy and EU are basically against that decision and hopefully we will continue our activities in Iran, however the politics always affect economic relations, so we should wait and see.”

"Describing Iranian market, another Italian participant, Raffaele Pittaluga, the managing director of Italian Klinger Group, which is a renowned international supplier of sealing and fluid control solutions, said “Iran is a huge market and in my opinion most of the European companies and especially Italian companies are eager to enter this very lucrative market.”

Pittaluga further mentioned his company’s 100-year history in oil and gas industry saying that, “It has been over one year that our company started collaborating with Iranian companies and we had some serious talks which hopefully will result in some positive cooperation in the future.”

Asked about his evaluation of the exhibition he said, “It is very interesting, very big for sure….it was absolutely interesting to be here.”

Klinger Italy S.r.l. (“Klinger”) is listed as an exhibitor at the 23rd International Oil, Gas, Refining and Petrochemical Exhibition (“IOGRPE”), which will take place at the Tehran International Permanent Fairground on May 6-9, 2018. (Iran Oil Show 2018 Website, “Exhibition”). (http://iran-oilshow.ir/Files/Data/Oil%20show%20Exhibitor%20list.pdf)