About us Corporate governance News Our investments
menu-icon menu-icon menu-icon
search
en
ua
en
ua
search
menu-icon menu-icon
menu-icon
search
en
ua
About us
Go to page
History Mission, vision, values Our brand
Corporate governance
Go to page
Our investments
Go to page
Investments map SMART ENERGY SMART URBAN SOLUTIONS VERES HOLDING SOTON SMART MARITIME GROUP SMART INDUSTRIAL SOLUTIONS KHARKIVOBLENERGO SMART-HOLDING LLC SMART GRANITE
Press center
Go to page
News Gallery Video gallery
Career
Go to page
HR policy Vacancies
Contacts
Go to page

Main  /  News  / 
22.07.21
Reasons for the bankruptcy of ChSY
Reasons for the bankruptcy of ChSY user/common.seoImage

On 25 June 2021, the Economic Court of Mykolaiv region confirmed the liquidation of Chernomorsky Shipbuilding Yard PJSC (hereinafter referred to as ChSY).

Among the main reasons that led to the bankruptcy and further winding up of ChSY the following can be named:

  •  
  • the crisis in the Ukrainian shipbuilding sector that was a result of the global economic recession of 2008 and the tragic events in Ukraine in 2014
  •  
  • cessation of state financing for the corvette-class shipbuilding program
  •  
  • unfriendly actions of Poroshenko’s authorities in order to take the company under their control and exert influence on the opposition politician Vadym Novynskyi through pressure on business.

 

To read more about the main reasons for the involuntary bankruptcy of ChSY, follow the link: https://chsz.smart-holding.com/en/.

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.