News

Smart-Holding's Statement on Bringing to Court Indictment Against Smart Maritime Group's Officials

24.01.2018

Smart-Holding considers the reference of the indictment to court by the Prosecutor General's Office of Ukraine in the criminal case of alleged entry of false information by officials of the State Property Fund of Ukraine, by senior executives of Kherson Shipyard and Chernomorsky Shipyard (ChSY) into the final audit report on compliance with the conditions of the contract for sale of shares in Chernomorsky Shipyard, as the next phase of the campaign to re-privatize ChSY in the interests of businesses close to those in power.

Smart-Holding and Restis Group of Greece Agree to Cooperate in Shipbuilding Business

30.11.2017

Smart-Holding industrial and investment group and Restis Group, one of the largest shipping companies in Greece, have signed a memorandum of cooperation in shipbuilding area.

Statement on PGO's Actions Against Officials of Smart Maritime Group

27.09.2017

The Prosecutor General's Office continues its consistent pressure on the business of Smart-Holding and its beneficiary, an opposition politician Vadym Novynskyi. This is how today’s announcement of suspicion to Vasiliy Fedin, the general director of Smart Maritime Group Shipbuilding Company, is interpreted in Smart-Holding. He is accused of allegedly entering some false information into an official document more than five years ago.

SMG's Position on Audit of Corvette Program's Budgetary Financing

22.09.2017

In September, auditors from the department of the Southern Office of the State Audit Service of Ukraine (SAS) in Nikolaev region intended to audit financial and economic activities of Chernomorsky Shipbuilding Yard within the framework of Corvette public program's implementation for the period from 1 January 2015 to 30 September 2017. Upon arrival at the company, the auditors were officially notified that there were no legal grounds for such audit because ChSY did not receive government funding under this program during the specified period.

A few days later the company received another letter from the department of the SAS’s Southern Office notifying it of the intention to make another audit of Corvette program, now for the period from 1 January 2011 to 30 September 2017. We have to state that this time the reasons for such an audit are also extremely doubtful from the legal viewpoint.

SMG's Statement on Financial Audit of Corvette Program’s Implementation

14.09.2017

On Wednesday, 13 September 2017, the State Audit Service of Ukraine communicated a message where it expressed its surprise that their auditors were not admitted to Chernomorsky Shipyard (ChSZ) in order to audit the use of the public financing by the company in the framework of the Corvette Program’s implementation. In this regard, SMG considers it necessary to comment on the situation.

Chernomorsky Shipyard of SMG Repaired Neteshyn Sea Diving Ship of the Ukrainian Navy

21.08.2017

Chernomorsky Shipbuilding Yard of Smart Maritime Group has completed the repair of the marine diving vessel U700 Neteshyn belonging to the Naval Forces of Ukraine.

Smart-Holding's Statement on Pressure Exerted on Business by Authorities

17.08.2017

Investigators and prosecutors of the Prosecutor General's Office of Ukraine are once again conducting searches at shipbuilding enterprises (Kherson, Nikolaev), in the head office of Smart-Holding (Kiev) and in employees’ apartments. 

SMG's Statement on Status of "Vladimir the Great" Corvette Project at ChSY

20.07.2017

The company is sympathetic to the challenging situation Ukraine is facing today, but we believe that only the state is in position to give a clear answer to the question of relevance and necessity to develop its own navy.

Smart-Holding's Statement on the Arrest of ChSY Shares

14.07.2017

Smart-Holding considers the statement made by the Prosecutor General of Ukraine about the arrest of shares in Chernomorsky Shipbuilding Yard (ChSY) (Nikolaev), as well as about the initiation of a pre-trial investigation into alleged abuse of official position by representatives of the State Property Fund of Ukraine (SPFU) and the Ministry of Industrial Policy in making amendments to the shipyard’s share purchase contract, as a pressure on the Company and its shareholder.