Belarus's Wealthiest Businessman Is Closing His Largest Company

Last year, the company grew by 150%.

As noted by the “Belarusians and the Market” noted, “Pervaya Proteina,” a trader within the Belarusian division of the “Sodruzhestvo” Group of Companies, is being liquidated.

The owner of this business (along with his wife Natalya) is Alexander Lutsenko, ranked No. 1 among Belarus’s top 100 successful businesspeople.

The company “First Protein” was registered in Minsk in late 2023 and was engaged in the procurement of rapeseed and soybeans, as well as the sale, both domestically in Belarus and for export, of finished products from the Smorgon-based “Belagroterminal” plant. By the end of 2025, its revenue exceeded 1.1 billion rubles, making it the largest commercial entity within the Belarusian division of the “Sodruzhestvo” Group. This division includes “Belagroterminal” and five other legal entities.

In 2025, “First Protein” was among the top 20 largest private businesses in Belarus.

No information has been provided regarding the reasons for the closure of the business, which grew by 150% last year and was profitable.

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