The Novinsky shipyard will be liquidated.

Vadim Novinsky

Vadim Novinsky

The Kherson Regional Commercial Court issued a ruling according to which the shipbuilding yard PJSC Kherson Shipbuilding Yard, part of Vadym Novynskyi's Smart Holding (Read more: Vadim Novinsky. From Raiders to Peacekeepers), was declared bankrupt. The court also opened liquidation proceedings for the company. Vyacheslav Menchak was appointed as the person responsible for the liquidation.

The corresponding decision was made on July 19 and published by the National Securities and Stock Market Commission.

As a reminder, the Kherson Shipyard was founded in 1951. It is currently owned by Vadym Novinskyi's Smart Maritime Group (SMG).

Read more: Vadim Novinsky. From Raiders to Peacekeepers

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