KHARKIVOBLENERGO - SmartHolding

KHARKIVOBLENERGO

JSC "KHARKIVOBLENERGO" and PrJSC "KHARKIVENERGOZBUT"

Smart Holding (Cyprus) Ltd owns minority stakes in energy companies JSC "Kharkivoblenergo" and PrJSC "Kharkivenergozbut".

JSC "Kharkivoblenergo"

The company performs the functions of an electricity distribution system operator in the city of Kharkiv and the Kharkiv region.

In operation - 46,968 km of power grids and cable lines
Serves 11 160 substations with voltage from 0.4 to 150 kV

PrJSC "Kharkivenergozbut"

Provides electricity supply to consumers in Kharkiv and the region, providing quality services for residential and industrial customers.

All investments

Length of grids – more than 39,000 km
Revenue in 2021 – UAH 7,48 billion
Number of customers – about 1.2 million
Ownership share – 24,8%

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12.01.26

Why Cyprus' EU presidency is important for Ukraine's future

Andreas Sophocleus, trust manager of Smart Holding and founder of the Kepaky charitable foundation, emphasizes that investors are ready to work in Ukraine, invest and create jobs even during the war. But they need something that no company can provide on its own — political and regulatory stability. And this must be implemented already, and not wait for better times.

18.12.25

The State Budget of Ukraine Received 41% Less Taxes from Smart Holding in the First 9 Months of 2025

As of January–September 2025, the Group’s companies paid 543 million UAH in taxes, which is 41% less than in the same period last year (915 million UAH). This reduction occurred, among other reasons, due to increased government pressure and the blocking of gas production assets of the publicly listed British company Enwell Energy.

17.11.25

Ukraine imports gas, while blocking its own fields

Ukraine has gas, but cannot produce it. Not because of the war. Not because of missiles. Due to the decisions of state bodies.