Zelenskyy sacks head of defense contractor Ukroboronprom

Business

28 June 2023, 01:14 AM

Yuriy Husyev has been dismissed as CEO of Ukraine’s state-owned defense conglomerate Ukroboronprom, according to President Volodymyr Zelenskyy’s decree published on June 27.

Oleksandr Kamyshin, the Minister of Strategic Industries, commented on Husyev’s dismissal, suggesting that “significant” changes await Ukroboronprom.

“Uninterrupted and stable operation of the largest defense enterprise is critically important for our military,” said Kamyshin.

“Changes and significant strengthening await Ukroboronprom in the future.”

On June 26, the Ukrainian government tapped Herman Smetanin as the new head of Ukroboronprom. Smetanin currently serves as the head of the Malyshev Factory in Kharkiv.

Ukrainian media reported that Husyev has “failed to deliver” on the progress with Ukraine’s domestic missile program, and requested to be moved to a diplomatic role in one of the European countries.

On May 5, the government approved plans to establish a new joint-stock company to replace Ukroboronprom.

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