The special permits for hydrocarbon production held by Smart Energy group companies have been suspended again, which will have extremely negative consequences for the country, its economy, and many Ukrainian families.

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.

Next week, during the heating season that has begun, the State Geology and Subsoil Service of Ukraine may block gas production at three fields in Poltava and Kharkiv regions. This will be the second time that domestic companies will be banned from producing gas on sanctions grounds, and the Ukrainian people, by decision of their own state, will stop benefiting from the subsoil transferred for use.

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.

The Smart-Holding Group has transferred a 300 kW industrial electric generator to the Heart Institute of the Ministry of Health of Ukraine. The equipment will provide the diagnostic department with alternative power in case of blackouts.

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.