News

Foreign investors, particularly from the US and the UK, are forced to account for losses due to the suspension of Ukrainian enterprises owned by the British public company Enwell Energy. This is not merely a financial blow to the business but it sends a troubling signal to the international investment community.

On 14 November, Kyiv hosted a major brainstorming session with business and political leaders, focusing on how Ukraine can transition from being one of the world’s most promising economies to becoming a key player on the global stage. Discussions centred on opportunities for the future, attracting investments, and driving GDP growth.

To establish Ukraine as a significant player on the global economic map, overcoming the challenges of war is not enough. The inefficiency of the legal system and the government's reluctance to build transparent partnerships with businesses are equally threatening to business, the driving force of the economy. These points were highlighted by Ivan Gerasymovych, CEO of Smart Holding, during the "Ukraine 2050: Dialogues About the Future" forum organised by NV.

Yesterday, Smart Holding’s CEO, Ivan Gerasymovych, joined Chuck Valceschini, Non-Executive Chairman at Enwell Energy, and Oleksiy Zayets, Acting General Director of the Smart Energy Group, for a visit to the production facilities of Regal Petroleum Corporation Limited in the Poltava region. This site plays a crucial role in supporting Ukraine’s energy needs, producing natural gas, gas condensate, and liquefied propane-butane (LPG, autogas).

Forbes Ukraine, in partnership with Korn Ferry, has recently released its ranking of Ukraine’s most influential CEOs. This list brings together 303 leaders across 33 industries who are steering their businesses through unprecedented challenges. We’re proud to see Ivan Gerasymovych, Chuck Valceschini, and Oleksiy Zayets among these top executives.

Businesses within the Smart Holding Group have paid 915.781 million UAH in taxes over the first nine months of 2024 to support Ukraine’s economic resilience during wartime. Since the start of the full-scale conflict, the Group and its businesses have collectively directed nearly 7 billion UAH to budgets at various levels. Additionally, more than 2.8 billion UAH has been allocated for humanitarian support to Ukrainian citizens and aid for the Armed Forces.

For nearly a year and a half, the production assets of Smart Holding’s investment&industrial group have been forced to remain idle. This was due to the suspension of special permits for resource use, following an unlawful order from the Ministry of Justice to re-register the group’s ultimate beneficiary in the state registry, which resulted in sanctions and imposed economic restrictions.

Smart Holding, an investment-industrial group, announces changes in the company’s leadership. Julia Kiryanova, who has held the role of CEO, has decided to leave the company. Responsibility for the management and strategic development of the Group will now be assumed by the Chairman of the Supervisory Board of Smart Holding, Ivan Gerasymovych.