# Grindex Exports Machine Tools to Russia

A joint media investigation reports that Serbian manufacturer Grindex exported approximately **€27.5 million** in metalworking equipment to Russia from March 2022 through March 2025. Some equipment reportedly reached sanctioned Russian defense-industry intermediaries and Rostec enterprises, including a missile-design bureau associated with Iskander-M production. Serbia’s Ministry of Internal and Foreign Trade said it had issued Grindex no dual-use export licences, but lacked sufficient technical information to determine whether the equipment required such controls. The report identifies no open solicitation or government contracting opportunity.

- Procurement teams and contractors sourcing machine tools or working with cross-border suppliers should account for the reported downstream transfers when assessing supplier, intermediary, end-user, and sanctions exposure.
- The investigation describes a Grindex contract with Russian intermediary AMG for a CNC grinding machine, signed in December 2022; final delivery reportedly occurred after the U.S. Treasury imposed sanctions on AMG in November 2023.
- The ministry’s statement illustrates a practical diligence issue: without adequate technical specifications, authorities may be unable to determine whether export controls apply. Businesses involved in these supply chains should retain product classification and end-use documentation.

**Jurisdictions:** international
**Industries:** Defense & Military
**Topics:** Regulatory Compliance
**Published:** November 11, 2026

### Government Entities
- Serbia Ministry of Internal and Foreign Trade
- U.S. Department of the Treasury (U.S. Treasury)
- Defence Intelligence of Ukraine (DIU)
- European Union (EU)
- Rostec State Corporation (Rostec)

### Vendors
- Grindex (Serbian manufacturer and exporter of metalworking equipment)
- Alfa Machinery Group (AMG) (Russian intermediary and equipment supplier; counterparty to Grindex CNC grinding machine contract)
- Krona (Russian intermediary that supplied a Grindex machine to KBM)
- Finval Energy (Russian importer of Grindex equipment)
- Unimatic MSK (Russian importer of Grindex equipment)

### Sources
- [RT @velitesgear | Full Text Article: https://t.co/Pfu7KBI3Sc | Author: @militarnyi Serbian Company Grindex Supplied Machine Tools to Russian Iskander-M Missile Production Plants — Investigation 
Since Russia’s full-scale invasion of Ukraine began, Serbian company Grindex has expo](https://x.com/velitesgear/status/2120534141972201831) - twitter-defense