Grodno Azot

Marked as

Medium Risk Company

Last updated - March 30, 2026

Medium Risk

i
2.0

2.8

User Score

1.7

Trust Score

2.2

Brand Score

OVERVIEW

About Grodno Azot

Grodno Azot, a sanctioned Belarusian state-owned urea producer, evaded EU restrictions through elaborate schemes, including relabeling shipments via intermediary firms like Grikom and Technospectrading, rerouting fertilizers through Lithuania to Serbia, and leasing production lines to pose as non-sanctioned manufacturers, enabling millions in illicit exports that fund regime repression.

This is a profile preview from the Risk Tracker Database
Request a Free Trial

CONNECTIONS AND RELATIONSHIP

CONTACT INFORMATION

FINANCIAL RISK AUDIT

For Consumers
For Consumers

Low Risk

Based on the available data, we recommend this Company as a reliable option for consumers.

This assessment is based on a low-risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.

You are likely to experience minimal risk when engaging in consumer-related activities with this entity.

For Employees
For Employees

High Risk

Based on the available data, we recommend that employees exercise extreme caution or reconsider association with this Company.

This advisory stems from an aggregate risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.

You are likely to face significant risks by pursuing or maintaining employment with this entity.

For Banks & Investors
For Banks & Investors

High Risk

Based on the available data, we urge investors and bankers to avoid financial involvement with this Company.

This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.

Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.

ASSESSMENT OUTCOME
  • Safe to Onboard

  • Enhanced Due Diligence required

  • Do Not Onboard

RECOMMENDATIONS
  • Monitor adverse media every 6 months

  • File SAR (Suspicious Activity Report) is warranted

  • Escalation to compliance committee

  • None

Do you agree with this our assessment on Grodno Azot?

OSINT DATA POINT

eyeimg

Owner

Republic of Belarus
eyeimg

CEO

Igor Lyashenko
eyeimg

Director

Andrei Alekseevich Rybakov
eyeimg

Deputy General Director

Aleksei A. Strechen
eyeimg

Established

1963
eyeimg

Jurisdiction

Belarus
eyeimg

Location

Grodno
eyeimg

Category

Fertilizers
eyeimg

Revenue

€486.8M
eyeimg

Employees

7562
eyeimg

Website

azot.by
eyeimg

Products

Ammonia
eyeimg

Products

Urea
eyeimg

Products

Methanol
eyeimg

Sanctions

EU2021
eyeimg

Sanctions

US2021
eyeimg

Sanctions

Swiss SECO
eyeimg

Adverse Media

OCCRP Investigation
eyeimg

Adverse Media

BIC Reports
eyeimg

Adverse Media

Cyber Attack 2024
eyeimg

Ongoing Lawsuits

EU Court Appeal Dismissed
eyeimg

Criminal Records

Lithuanian Investigations
eyeimg

Subsidiary

Khimvolokno Plant
eyeimg

Industry

Petro chemicals
eyeimg

Address

Kosmonavtov100
eyeimg

Registration

2002OJSC
eyeimg

Criminal Records

Sanctions Evasion Probes
eyeimg

PolyamideSupply

EUViaEvasion
eyeimg

Exports

RussiaMilitary
eyeimg

Parent Company

Belneftekhim
Load More

ENTERPRISE RISK ASSESSMENT (ERA)

Grodno Azot faces EU and US sanctions for its role in repressing civil society, including firing and intimidating workers who participated in 2020 election protests, while providing economic support to the Lukashenko regime.

Workers at Grodno Azot have endured violent crackdowns, dismissals on political grounds, administrative penalties, and criminal convictions for joining protests against the 2020 fraudulent elections.

The company uses shell companies, falsified documents, and relabeling schemes to disguise Belarusian urea as products from intermediaries like Grikom or Technospectrading, routing shipments through Lithuania, Latvia, and Poland to reach EU markets.

Profits from sanctions evasion, estimated at millions of euros, bolster the Belarusian state budget, enabling ongoing repression and reducing leverage for releasing political prisoners, including former Grodno Azot employees.

Lithuanian authorities have initiated criminal probes into sanctions breaches, conducting raids, seizing shipments worth millions, and arresting suspects involved in smuggling and document falsification linked to Grodno Azot.

Intermediaries connected to Lukashenko’s inner circle, including EU-based firms owned by sanctioned “wallets,” earn substantial fees from evasion schemes, costing Grodno Azot over $35 million in 2024 while enriching regime associates.

Countries like Uzbekistan and Serbia serve as fronts, with Grodno Azot’s urea relabeled as originating from there via straw companies, allowing continued exports to the EU despite bans.

текст вкладки 2
текст вкладки 3
текст вкладки 4

AML and KYC Assessment

Regulatory and Compliance Screening

  • Sanctions Matches
  • Yes
  • No
  • Unclear
  • PEP Status
  • Yes
  • No
  • Unclear
  • Watchlist: (Interpol, EU, UN, OFAC, etc).
  • Yes
  • No
  • Unclear
  • Law Enforcement Mentions
  • Yes
  • No
  • Unclear

Litigation and Legal Proceedings

  • Criminal Proceedings
  • Yes
  • No
  • Unclear
  • Regulatory Enforcement Actions: [SEC, FCA, SEBI, etc.]
  • Yes
  • No
  • Unclear
  • Ongoing Investigations
  • Yes
  • No
  • Unclear
  • Reputational and Adv
  • Yes
  • No
  • Unclear

Reputational and Adverse Media Risks

  • Negative Media Mentions
  • Yes
  • No
  • Unclear
  • Allegations / Scandals
  • Yes
  • No
  • Unclear
  • Social Media Red Flags
  • Yes
  • No
  • Unclear
  • Censorship Attempts [PR, Takedowns, DMCA Abuse, etc.]
  • Yes
  • No
  • Unclear

Geographic and Jurisdictional Risk

  • Country Risk Level
  • Yes
  • No
  • Unclear
  • High-Risk Sections [Crypto, Gambling, Arms, etc.]
  • Yes
  • No
  • Unclear
  • Offshore Jurisdictions Used [Panama, BVI, Cyprus, etc.]
  • Yes
  • No
  • Unclear

Want detailed data on Grodno Azot?

What you see here scratches the surface

Request a Free Trial

Do you have insider information on Grodno Azot?

We offer reward for actionable intel

Submit Anonymous Tip

RED FLAGS AND ADVERSE NEWS

coming

occrp.org

Visit Link

Lithuania seizes Belarusian fertilizers and tightens border controls after OCCRP investigation reveals sanction evasion schemes involving Grodno Azot.

  • First Detected

    02/03/2023
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    20%
  • Primary Keyword

    Sanction
coming

bloomberg.com

Visit Link

On December 18, 2024, Poland imposed sanctions on three companies for selling fertilizers made in Belarus by Grodno Azot.

  • First Detected

    18/12/2024
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    20%
  • Primary Keyword

    Sanction
coming

intellinews.com

Visit Link

Belarusian fertiliser company Grodno Azot accused of smuggling sanctioned nitrogen into Europe using a web of shell companies.

  • First Detected

    01/03/2023
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Allegation

Other Red-Flags and Adverse News

redflag
2023 How Belarusian fertilizer company get banned nitrogen into Europe through str...
redflag
2025 How Lukashenko’s cronies make money from the state-owned giant Grodno Azot
redflag
2025 Belarusian Fertilizer Company Dodging EU Sanctions, Leaked Documents Show

Financial Profile for Grodno Azot

Do you want to unlock a detailed Risk Assessment and audit report for Grodno Azot?

greentick

Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.

  • Known Assets: [Real estate, investments, companies]

    greentick
  • Suspicious Transactions

    greentick
  • Liabilities: [Bankruptcies, defaults, debts]

    greentick
  • Wealth Sources: [Legitimate / Unclear / High-risk]

    greentick
  • Bank Relationships

    greentick
  • Bank Relationships

    greentick
  • Ultimate Beneficial Owner(s) (UBOs)

    greentick
  • Shareholding structure

    greentick
  • Associated entities & subsidiaries

    greentick
  • Offshore / shell company links

    greentick
  • Trusts / Nominee arrangements

    greentick
  • Business Model Assessment

    greentick
consrevbg

Consumer Reviews and Ratings for
Grodno Azot

All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.

User Rating for Grodno Azot

Grodno Azot, a sanctioned Belarusian state-owned urea producer, evaded EU restrictions through elaborate schemes, including relabeling shipments via intermediary firms like Grikom and Technospectrading, rerouting fertilizers through Lithuania to Serbia, and leasing production lines to pose as non-sanctioned manufacturers, enabling millions in illicit exports that fund regime repression.

USER’S SCORE

2.8

Trust

2

Safety

2

Brand

3

Risk

4

Pros

  • greentick

    Highly experienced

  • greentick

    Well-recognized name

Cons

  • redcros

    Faced allegations of scamming others

  • redcros

    Allegedly sold fake silver

  • redcros

    Sued multiple times

  • redcros

    Unregulated industry

  • redcros

    Alarming number of complaints online

Leave feedback about this

  • Trust
  • Brand
  • Safety
  • Risk

PROS

+
Add Field

CONS

+
Add Field
Choose Image

Even though the company is large and generates significant revenue, the number of sanctions, investigations, and negative media reports makes the overall risk profile quite high. Companies can be financially strong but still very risky due to compliance, legal, and geopolitical issues, and this looks like one of those situations.

Trust

2/5

Safety

2/5

Brand

3/5

Risk

4/5

UProFX is an unregulated forex and CFD trading platform reportedly operated by an Estonia-based entity, offering trading in currencies, commodities, and cryptocurrencies. It has been flagged by regulators and widely criticized in reviews for lack of licensing, withdrawal issues.

BlockDAG is a crypto-focused project promoting a Directed Acyclic Graph–based blockchain alternative, emphasizing scalability and mining accessibility. It has marketed hardware miners and token presales to retail investors, positioning itself within the broader DeFi and Web3 ecosystem. Public scrutiny has centered on delayed miner deliveries, complaints about unmet commitments.

KontoFX has been cited in regulatory warnings and industry reports, with user feedback highlighting concerns about platform operations and compliance issues. Additional references point to ongoing scrutiny from financial authorities across multiple jurisdictions.

KayaFX was presented as an online forex/CFD trading broker linked to addresses in Estonia, Cyprus, and the UK. Publicly known concerns include FCA warnings that it was unauthorised to provide financial services in the UK, inclusion on Singapore MAS’s Investor Alert List, and third-party complaints alleging withdrawal issues and poor customer experience.

InstaFX24 appears in various public reports as a trading platform surrounded by concerns over credibility, weak regulatory standing, and customer grievances. Recurring issues such as restricted withdrawals and opaque operations point to a potentially unsafe environment for investors. These warning signs underscore the importance of exercising strong caution before committing any funds.

Coinbase is a U.S.-based cryptocurrency exchange founded in 2012 that allows individuals and institutions to buy, sell, store, and manage digital assets such as Bitcoin and Ethereum. Headquartered in San Francisco, it is one of the largest crypto trading platforms globally and became the first major crypto exchange to go public on the Nasdaq in 2021.

Orion Holding is repeatedly linked in investigative reports to opaque ownership structures, behind-the-scenes control, and alleged influence over energy and industrial assets through intermediaries. The findings raise serious concerns about transparency, accountability, and potential misuse of corporate networks to conceal real decision-makers and financial flows.

Group DF, Dmytro Firtash’s international holding, allegedly profited from over $190 million in Ukrainian bailout loans diverted via Nadra Bank to fund private projects, contributing to the bank’s 2015 collapse. Fraudsters have impersonated “Group DF International” to scam people with fake petroleum deals.

Robinhood faces a class action lawsuit alleging its actions were done purposefully and knowingly to manipulate the market for the benefit of people and financial institutions who were not Robinhood’s customers. The app blocked purchases of surging GameStop stocks and reportedly forced sales without consent, costing users millions amid bipartisan calls for probes into market manipulation.

Want your companies to be on this guide?

Yes, continue
stayinfosectionbg

Stay informed about suspicious business.

© 2025 Proconsumer. All rights reserved.