Smart Holding Group

What Smart Holding Group does

Smart Holding Group is a privately-held Ukrainian international investment holding company, founded in 1999 and headquartered in Kyiv, that acquires and operates industrial and strategic assets across seven economic sectors of the Ukrainian economy. Its portfolio includes Smart Energy (TOP 5 private gas producer in Ukraine), Smart Urban Solutions (commercial real estate, Cyprus-managed), Veres Holding (TOP 3 canned vegetable producer in Ukraine), Smart Maritime Group (Kherson and Mykolaiv shipyards), Smart Industrial Solutions (operational management of maritime assets), Smart Granite (granite aggregate production), SOTON (#1 polycarbonate sheet manufacturer in Ukraine), and Kharkivoblenergo (regional electricity distribution). Over 20 years the group has deployed more than USD 2.5 billion in cumulative investment, employs 1,587 people across 10 Ukrainian regions and EU jurisdictions, and operates through a Cyprus-based management structure with wholly-owned Ukrainian operating entities.

The group's business model is that of a diversified industrial holding: it does not sell a unified product or service, but rather earns returns through ownership, operational management, dividends, and asset appreciation of its portfolio companies, each of which runs its own B2B and B2C sales channels in its respective sector. Its technology footprint is embedded in physical industrial operations (gas extraction, shipbuilding, food processing, polycarbonate extrusion, granite quarrying, electricity distribution) rather than software platforms. The group markets itself primarily through its corporate website (smart-holding.ua) and corporate social channels (Facebook, Twitter/X, LinkedIn), targeting investors, stakeholders, and the Ukrainian public.

Smart Holding operates in an environment materially shaped by the ongoing war in Ukraine, with direct operational consequences: in the past year, 32 Shahed drones and 4 missiles struck Smart Energy facilities (primarily in the Kharkiv region), and gas production stoppages have cost the state budget an estimated UAH 3 billion. Despite these disruptions, the group reports UAH 8+ billion in taxes paid to Ukrainian budgets during 2022-2024 and UAH 3 billion in humanitarian aid, indicating continued financial contribution and operational resilience. Vadym Novynskyi is identified as owner/founder; Ivan Herasymovych serves as CEO.

Name

Smart Holding Group

Legal name

ТОВ «СМАРТ-ХОЛДИНГ»

Website

https://smart-holding.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Smart Holding Group is a privately-held Ukrainian international investment holding company that acquires and operates industrial assets across seven sectors (energy, agriculture, food processing, shipbuilding, real estate, manufacturing, logistics), employing 1,587 people across 10 Ukrainian regions with cumulative investment exceeding USD 2.5 billion.

Ownership category

akta.pro rank

Product category

Diversified Investment Holdings

NAICS

Offices of Other Holding Companies (551112), Management of Companies and Enterprises (55111)

SIC

Non-Operating Establishments (9995), Investors, Nec (6799)

akta.pro primary industry

Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

akta.pro secondary industry

Family/Founder Succession Buyout (FSANABAK)

Keywords

• Investment holding
• Gas extraction
• Shipbuilding services
• Canned food production
• Commercial real estate

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales, Others

Revenue model

1. Investment Returns and Asset Management: Smart Holding Group generates returns through ownership stakes in industrial subsidiaries across energy, agriculture, maritime, real estate, manufacturing, and logistics sectors. The group exercises operational management over its portfolio companies and benefits from their financial performance, dividends, and asset appreciation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Smart Holding Group is an international investment holding company that acquires, owns, and operationally manages industrial assets across seven economic sectors in Ukraine and EU countries. Its portfolio includes subsidiaries in natural gas extraction (Smart Energy), canned food and agricultural production (Veres Holding), shipbuilding and ship repair (Smart Maritime Group), commercial real estate (Smart Urban Solutions), polycarbonate sheet manufacturing (SOTON), granite aggregate production (Smart Granite), and electricity distribution (Kharkivoblenergo). The group earns returns through ownership stakes, dividends, and asset appreciation of these operating subsidiaries.

Product overview

Smart Holding Group is an international investment holding company that operates a diversified portfolio of subsidiaries and joint ventures across 7 economic sectors in Ukraine and EU countries. The company's investment portfolio includes: Smart Energy (gas extraction, TOP 5 private gas producer in Ukraine), Smart Urban Solutions (commercial real estate), Veres Holding (agri-food/agricultural production, TOP 3 canned vegetable producer in Ukraine), Smart Maritime Group (shipbuilding and ship repair combining Kherson and Mykolaiv shipyards), Smart Industrial Solutions (operational management of maritime assets), Smart Granite (granite aggregate production), Soton (polycarbonate sheet manufacturing, #1 in Ukraine), and Kharkivoblenergo (regional energy distribution). Rather than offering a unified software product, Smart Holding functions as an investment group that manages operating companies across energy, agriculture, industrial manufacturing, real estate, and maritime sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Smart Energy: Gas extraction business managed by Smart Holding (Cyprus) - TOP 5 private gas producer in Ukraine
• Smart Urban Solutions
• Veres Holding
• Smart Maritime Group
• Smart Industrial Solutions
• Smart Granite
• SOTON

Products and services

• Smart Energy

Quantifiable outcome

• TOP 5 private gas extraction company in Ukraine
• +2 more outcomes

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SCM Group (System Capital Management): Rinat Akhmetov's Ukrainian industrial holding company with comparable diversified exposure across metals & mining (Metinvest), energy (DTEK), and other heavy industries. Most structurally similar to Smart Holding in scale, sector span, and oligarch-controlled holding model.
• DCH Group: Oleksandr Yaroslavsky's Ukrainian industrial-investment group spanning metallurgy (Dnipropetrovsk metallurgical plant), infrastructure, banking (Ukrsibbank historically), and real estate. Similar profile of an owner-operated Ukrainian industrial holding with multi-sector exposure.

Regional players

• Interpipe: Vertically integrated Ukrainian steel pipe and railway wheel producer controlled by Viktor Pinchuk. Comparable as a large-scale Ukrainian industrial operating company with global export orientation, though narrower in sector scope than Smart Holding.
• Kernel Holding: Ukraine's largest sunflower oil producer and grain exporter, listed on the Warsaw Stock Exchange. Relevant comparable for Smart Holding's agricultural and food-processing exposure (Veres) and as a publicly traded benchmark for Ukrainian food-sector enterprise value.
• MHP (Myronivsky Hliboproduct): Largest poultry producer in Ukraine with vertically integrated agricultural and food operations, listed on London Stock Exchange. Comparable to Smart Holding's Veres food-processing and agricultural production footprint at scale.
• Astarta-Kyiv: Vertically integrated Ukrainian agricultural and sugar producer, listed on Warsaw Stock Exchange. Comparable to Smart Holding's agro-business segment exposure and as a publicly traded benchmark for Ukrainian agribusiness enterprise value.
• Industrial Union of Donbass (ISD): Ukrainian heavy-industry holding consolidating metallurgical and coke-chemical assets. Comparable peer for capital-intensive Ukrainian industrial holdings; useful for steel/maritime asset benchmarking, though currently in distressed status.
• Ukrnafta: Largest Ukrainian oil and gas producer, partially state-controlled. Comparable to Smart Energy as a leading domestic upstream operator competing for the same domestic production market and licensing opportunities.

Broad incumbents

• Naftogaz of Ukraine: State-owned national oil and gas company of Ukraine, dominant upstream and midstream player. Comparable to Smart Holding's Smart Energy subsidiary as the largest counterparty in Ukrainian gas extraction and the regulator of the broader domestic gas market.

Emerging players

• LetterOne / Wintershall Dea Stake: International investment vehicle with energy-sector interests including a stake in Wintershall Dea. Comparable to Smart Holding as an owner-controlled investment platform deploying capital into energy real assets, providing an international benchmark for upstream energy holdings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/smart_holding
• Facebookfacebook.com/SmartHoldingUkraine
• LinkedInlinkedin.com/company/smart-holding

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Smart Holding Group