News

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.

At the end of the last year, the Ukrainian parliament reduced the royalty rates for gas production from new wells to 12% and 6% depending on the depth, and pre-approved deregulation for gas producers. Importance of these changes, challenges of the gas producing industry, the necessary reforms, as well as the company‘s performance trend in general were recounted by Sergei Glazunov, the CEO of Smart Energy, a company managing energy assets of Smart-Holding, in the interview to Ukrainian News.

In 2017 the Companies of Smart Energy Group paid to budgets and trust funds almost 850 mln UAH, including state budget – 802 mln UAH, and local budgets – 48 mln UAH.

In 2017, the companies of Smart Energy Group produced 226.3 mln cubic meters of natural gas which is 8.5% more than in 2016 (208.4 mln cubic meters).

The aggregate rate of production from the fields of Regal Petroleum plc (part of Smart Energy Group) at the end of 2017 was approximately 2,800 boepd. This compares with an aggregate production rate of approximately 1,700 boepd at the end of 2016, which represents an increase of nearly 65% over the year.

Ukrgazvydobutok allocated almost 4 mln UAH to renovate a country road in Rakytne village, Novodalazhskiy district of Kharkiv region.

Ukrgazvydobutok (part of Smart Energy Group) helped Kharkov military hospital to purchase specialized equipment worth UAH 100 thousand.

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.

The District Administrative Court of Kyiv considered justified the application of Ukrgazvydobutok PJSC (part of Smart Energy Group) and suspended the decision of the State Geology Agency of Ukraine to revoke the special license for subsoil use issued to the company.

The gas supply system of Kharkiv may be disrupted due to the shutdown of one of the gas producing companies of the region Private Joint Stock Company Ukrgazvydobutok (part of Smart Energy Group). At the moment, the company is forced to put on hold its production in response to the notification from the Public Service Geology and Mineral Resources of Ukraine regarding revocation of the special license for the subsoil use.