Aliaksandr Shakutsin

[10][11] In 1990s he created a trade company Prommedinvest with MTZ top manager Igor Subbotin and fellow Komsomol activist Yaroslav Buyalski.

[10] In 2001—2002 Prommedinvest and a Nepali businessman Upendra Mahato bought the controlling stake in Amkodor (Амкодор) holding company, which was formed around Udarnik (Ударник) factory in Minsk.

[10] Shakutsin was one of the few businessmen who gained access to the export of petroleum production with his associate Mikalai Varabei via their Interservis (Интерсервис) company.

[13] Another petroleum products wholesaler Yury Chyzh was supposed to be a rival of Shakutsin among oligarchs close to Lukashenko.

[20][21] Logex (Логекс) company, owned by Shakutsin and his son Aliaksandr, was reported to be a major re-exporter of European and South American flowers to Russia, having indirect tax breaks in Belarus.

[26][27] On December 5, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control has added Shakutsin to its Specially Designated Nationals and Blocked Persons List.