RFERL
The Serbian company Grindex has delivered machines to Russian companies who then sent them on to Russian military companies under sanctions in the years since the invasion of Ukraine, Radio Free Europe (RFE) reported on Nov. 10.
Information obtained by RFE shows that the Kikinda-based metalworking machinery maker continued to export to Russia via mediator companies, some of which are under U.S. and EU sanctions. From March 2022 to March 2025, roughly EUR27.5 million's worth of Grindex equipment was imported into Rusia, show the records of Ukrainian military intelligence obtained by an investigative project of the Ukrainian RFE service.
RFE received the information from the Ukrainian military intelligence after Grindex was listed in its public database of companies delivering equipment to the Russian military industry. An analysis of financial reports and databases performed by Systema, the RFE investigative unit in Russian, confirms the same.
Grindex did not respond to an RFE inquiry about machine export to Russia, and neither did the Russian companies that bought them. The Serbian Ministry of Internal and Foreign Trade has said in a press release that it was not familiar with the Grindex production program or product characteristics.
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