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Minister ousted after companies fail to break even, documents suggest
September 8, Pozirk. At least 27 Belarusian companies began 2025 with losses, according to internal documents from the Ministry of Industry. The minister ordered that several top managers be issued with reprimands, and was eventually dismissed himself a month later.
At the Ministry of Industry board meeting on May 30, officials summed up the results of the first quarter and discussed tasks for the first half of the year. A copy of the ministry’s resolution drafted after the meeting and inked by Minister Alaksandar Jafimaŭ was shared with Pozirk by the BelPol investigative group.
According to the document, the work of 27 companies was deemed unsatisfactory. The entities “allowed losses and/or did not ensure break-even operation in line with the January–March 2025 business plans.”
The list of unprofitable enterprises includes heavyweights, such as Amkador, the Belarusian Steel Works, Homsielmaš, Atłant, the Babrujsk Machine-Building Plant and the Minsk Automatic Lines Plant.
The managers of these enterprises were told to submit to the Ministry of Industry “timelines and measures for achieving break-even operation in 2025.” The board suggested that Minister Jafimaŭ should take “disciplinary measures” against the CEOs of unprofitable producers.
Five days after the meeting, on June 4, Jafimaŭ signed an order “implementing the board’s decisions.” BelPol shared the copy of the order with Pozirk.
The document provides for reprimands against the CEOs who “failed to meet key performance indicators for January–March 2025.”
It is noteworthy that the Ministry of Industry issued an upbeat statement on the May 30 meeting. However, Jafimaŭ lasted on the job only for a month. On June 30, Alaksandar Łukašenka appointed Deputy Minister Andrej Kuźniacoŭ as head of the ministry, while Jafimaŭ returned to Amkador, which he had headed before.
Kuźniacoŭ replaces Jafimaŭ as industry minister
June 30, Pozirk. Andrej Kuźniacoŭ, 48, has been promoted to industry minister after serving as deputy minister for a year, Alaksandar Łukašenka’s press office reports, citing today’s appointments by the Belarusian ruler. Alaksandar Jafimaŭ, who had served as minister for …
