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​Ukrainian Ukroboronprom State Сoncern Ceased Its Activities, a New JSC Ukrainian Defense Industry Was Created

Photo credit: Ukroboronprom
Photo credit: Ukroboronprom

The state-owned defense industry company the State Сoncern "Ukroboronprom" was terminated on Wednesday, 28 June being replaced by the joint-stock company "Ukrainian Defense Industry". The transformation of Ukraine’s state defense industry integrator in something efficient as well as desisive for the defense of Ukraine is one of the main tasks for the newly appointed Herman Smetanin

The Minister of Strategic Industry Oleksandr Kamyshin announced that the state defense concern "Ukroboronprom" officially ceased its activities on June 28. At the same time, a new JSC "Ukrainian Defense Industry" was formed instead of the former concern.

"We are starting #iron_changes in the country's largest defense enterprise. An important step is transformation. As of today, the activities of the Ukroboronprom state concern have been terminated. At the same time, a joint-stock company "Ukrainian Defense Industry" has been created," Oleksandr Kamyshin wrote on his Telegram channel.

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The next steps in this direction, as noted by Kamyshin, are the transfer of staff, transfer of property and further transformational processes. In particular, he notes that the Supervisory Board should be formed in accordance with standards of Organisation for Economic Co-operation and Development (OECD).

Launcher of the Sapsan SRMB during a military parade rehearsal in 2021, Defense Express
Launcher of the Sapsan SRMB during a military parade rehearsal in 2021

We will remind that yesterday, June 28, the decision of the Cabinet of Ministers of Ukraine to appoint a new head of the newly created Ukraine’s state defense industry integrator - Herman Smetanin, who has worked at a number of armored enterprises of the Concern since 2014, and for the last three months headed the "Malyshev Plant" - entered into force.

The task of "truly reforming Ukroboronprom" is one of the three main tasks facing the new head of the JSC "Ukrainian Defense Industry".

Cabinet of Ministers of Ukraine to appointed Herman Smetanin as a new head of the newly created Ukraine’s state defense industry integrator JCS Ukrainian Defense Industry, Defense Express
Cabinet of Ministers of Ukraine to appointed Herman Smetanin as a new head of the newly created Ukraine’s state defense industry integrator JCS "Ukrainian Defense Industry"

We will also remind you that Yuriy Gusev, who had held the position for 2 years and 7 months since December 2020, was dismissed from the post of general director of the state concern "Ukroboronprom". In a separate article, Defense Express spoke in more detail about why Gusev was fired and what Smetanin should do with Ukranian state defense industry.

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