The abbreviation stands for the School of Higher Sports Mastery (Ukrainian: Школа Вищої Спортивної Майстерності).
ShVSM represents a network of sports schools across Ukraine.
During the Soviet era, ShVSM Kyiv participated in the Pervaya Liga and the Vtoraya Liga which were the second and third-tier leagues, respectively, in the Soviet ice hockey league system.
[1] After Ukraine gained independence, ShVSM competed in the Ukrainian Hockey Championship.
They participated in the championship for three seasons from 1993-1995, and won the title in 1994.