Smart Granit: a story of challenges and the fight for the right to work

Main / News /

31.03.25

By 2022, the company was steadily supplying the market with quality products, supporting hundreds of jobs and paying millions of hryvnias in taxes. Thanks to the modernization of production in 2021, the company achieved record production volumes and made a significant contribution to the implementation of the state programs "Great Construction" and "Great Restoration".

At the beginning of the full-scale war:

239 Ukrainians worked, now 43
Annual output was 500-800 thousand tons of crushed stone, there is no production in 2024…

What happened? Due to personal sanctions against the founder of the Group, the license was suspended, but by the decision of the National Security and Defense Council of Ukraine Volodymyr Zelenskyy renewed the permit in the summer of 2024 and allowed to work The Zaporizhzhia Regional State Administration must issue a permit for the explosion, but numerous applications from the summer of 2024 have been ignored. The enterprise does not operate without such a permit. Explosions are part of the production process for converting rock into crushed stone

Why are local authorities doing this to an enterprise that creates jobs in the frontline zone and at the beginning of the war provided the Armed Forces of Ukraine with products for defense facilities - read in an interview with Natalia Ivanyuk, director of “Smart Granit” Natalia Ivanyuk: We are grateful to the President, but why are they not allowing us to work again? ‣ NADRA.info

Previous news Gas, Metal, Prosecutor’s Office – Ivan Gerasymovych at the Forbes “Business Breakfast” with Volodymyr Fedorin. Next news Thanks to the resumption of gas production, Ukraine will be able to prepare better for the next winter

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.