Metinvest is among the top 10 largest private taxpayers in Ukraine

The Group led the steel industry in terms of tax payments in 2024

Metinvest Group entered the top ten of Delo.ua’s ranking of the 100 largest private taxpayers in 2025 and took first place among companies in the metallurgical industry, according to a press release.

The ranking was compiled based on the results of 2024, taking into account all taxes and fees paid, including income tax, VAT, excise taxes, social security contributions, and military tax. In total, the 100 companies on the list contributed more than UAH 503 billion to the state budget, which is about one-seventh of the country’s consolidated budget revenue. In the first half of 2025 alone, private businesses paid more than UAH 270 billion, or about one-eighth of budget revenues.

Metinvest paid UAH 19.8 billion in taxes in 2024 and another UAH 9.3 billion in the first six months of 2025. For comparison, in 2023, the company’s tax deductions amounted to UAH 14.61 billion. Thus, the group demonstrates stable growth in budget contributions even in the difficult conditions of wartime.

Metinvest was the only representative of the metallurgical industry in the top ten of the ranking. In total, six metallurgical companies made it onto the list, underscoring the industry’s traditional role as one of the main sources of state budget revenue and foreign exchange earnings.

In addition to Metinvest, the top 10 includes tobacco companies Philip Morris Ukraine, BAT Ukraine, Imperial Brands Group, and JTI Ukraine, energy group DTEK, ATB Corporation, and oil traders OKKO, WOG, and UPG. According to the compilers of the rating, the overall growth in tax deductions can be seen in all sectors of the economy, which indicates the significant contribution of private business to state financing.

Since the start of the full-scale invasion, Metinvest Group has allocated UAH 9.72 billion to support the state and Ukrainians, of which UAH 5.2 billion has been allocated to the army as part of the Steel Front military initiative. For more than three and a half years, the Group’s priority has been to support the army, as the future of the country, its cities, and industry depends on its resilience.