About Mikalai Varabei
Born 1963. Mikalai Varabei is a Russian and Belarusian businessperson.
Mikalai Mikalaevich Varabei (or Verabei, ; Nikolay Nikolayevich Vorobey, ) is a Belarusian businessman (petrochemical and coal wholesaler, banker).
Due to his close relations with Belarusian president Alexander Lukashenko, in 2020, the Council of the European Union imposed sanctions on him, as did several non-EU countries.
In the only (as of 2020) interview, he stated that he lives in Belarus after having completed his military service in the Soviet Army in 1985β1987. In 2016, businessman and statesman Aliaksandr Shakutsin claimed that he knew Varabei for 20 years.
It was reported that he worked as a car service station master in Navapolack. In early 2010s, Interservis was suspected to participate in the illegal trade schemes, exporting Russian and Belarusian petrochemicals made from Russian petroleum as goods with smaller export duties ("solvents affair"). In 2014, Interservis bought Belarusian Absolutbank.
In 2013, Varabei became a co-founder and co-owner of Bremino Group (with Aliaksei Aleksin and ), which operates several logistics complexes and a special economic zone in Orsha district, created by Lukashenko's decree. Belarusian economist Jaroslav Romanchuk called Bremino projects a business of elites, establishment and siloviki. Romanchuk also suggested that these businessmen will turn into business oligarchs.
As of 2019, 100% of shares in OOO Interservis belonged to OOO Krasny Bor. 99% of OOO Krasny Bor was owned by Varabei, 1% was owned by his wife Tamara.
On 17 December 2020, the Council of the European Union imposed sanctions on both Varabei and Shakutsin (EU Regulation No 2020/2129). According to the regulation, Varabei was recognized "benefiting from and supporting the Lukashenka regime" for his activities in Bremino Group, which enjoyed several forms of support by the government, including tax breaks. On 21 June 2021, his two companies, Bremino and NNK, were added to the EU list as well. Varabei and these two companies were also sanctioned by the United Kingdom, Switzerland, and Canada.
On 23 December 2020, Belarusian media tut.by noticed that the "Absolutbank" changed the page with the ownership structure. According to the updated information, owners of the Interservis are three people reported to be the company's management. Varabei and his wife were not mentioned in the new version (original version of the page was saved by the Internet Archive )
On 19 February 2021, National Security and Defense Council of Ukraine ordered to nationalize Soviet-built oil product pipeline (; ), which was owned by Mikalai Varabei and a German resident, allegedly associated with Viktor Medvedchuk.
On 9 August 2021, Varabei was added to the SDN list by the United States Department of the Treasury's Office of Foreign Assets Control. Companies owned by him or otherwise linked to Varabei (Absolutbank, BelKazTrans, BelKazTrans Ukraine, Bremino Group, Industrial Unitary Enterprise Oil Bitumen Plant, Interservice, NNK, NNK East) were designated as well.
A BYPOL investigation has uncovered that Varabei had gifted a vintage ZIS-110 worth about half a million dollars and a Tesla Model S to Lukashenko. According to a September 2022 joint investigation by the Belarusian Investigative Center and , Varabei's immediate family controls multiple properties in Austria, including a chalet in Carinthia and flats in Vienna.
Varabei also has business activities in Ukraine. On 9 December 2020, Ukrainian anti-monopoly committee published regulation (23 November 2020 727-r) which allowed Varabei to buy Ukrainian BTA Bank. Later National Bank of Ukraine refused to sell the bank to Varabei. In 2022, Varabei, Bremino Group and NNK were added to the sanctions lists of Ukraine and Japan, while Absolutbank and Varabei's daughter
In November 2023, the European General Court dismissed Varabei's request to lift the European Union sanctions against him.
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Important facts
People in Mikalai Varabei's life
Named in this biography and alive at the same time
Contemporaries
People whose lives overlapped Mikalai Varabei's
Frequently asked questions
Who is Mikalai Varabei?
Belarusian businessman
When was Mikalai Varabei born?
Mikalai Varabei was born on 4 May 1963 in Ukrainian Soviet Socialist Republic.
What is Mikalai Varabei's occupation?
Mikalai Varabei is a businessperson.
What nationality is Mikalai Varabei?
Mikalai Varabei is Russian and Belarusian.
Sources & further reading
Cite this page
APA: Biography.guide. (2026). Mikalai Varabei. https://biography.guide/mikalai-varabei/
MLA: "Mikalai Varabei." Biography.guide, https://biography.guide/mikalai-varabei/.
Chicago: "Mikalai Varabei." Biography.guide. https://biography.guide/mikalai-varabei/.
Data last updated: 2026-09-20 Β· Spot an error? Report a correction.
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