Company Registered to Sell Produce in Serbia Supplying Russia with Parts for Missiles, Drones

Bayraktar TB2 Drone (Photo: PrintScreen YouTube)

Certain companies in Serbia founded by Russian nationals are being used to bypass EU and U.S. sanctions against Russia and obtain parts used in the production of munitions, media outlets in the know have reported.

According to an Aug. 6 report by the Balkan Security Network, Russia is attempting to secure foreign-made parts for its military industry in any way it can, which is no easy feat on account of sanctions so it has been devising clever ways of getting what it needs from third countries, including Serbia.

"Serbian media outlets recently reported that certain companies established by Russian citizens serve to bypass EU and U.S. sanctions through the procurement of goods needed for the military industry, including the Belgrade GoodForwarding d.o.o. company. These claims have been confirmed by commercially available information about international trade that the Balkan Security Network has examined," the website says, adding that the company in question is registered with the Serbian Business Registers Agency as a seller of produce.

The article adds that the company is "a significant supplier" of microchips and circuit boards made by Eastern Asian and Western manufacturers necessary for the production of missiles, drones and other munitions to Russia. The report adds that the company had 42 transactions late last year involving outfits from China, the U.S., Taiwan, Japan, the United Kingdom, South Korea, Malaysia and Thailand, whose components were then exported to Russia.