Metinvest paid more than UAH 2.5 billion in taxes in the first quarter

About UAH 725 million of social security tax, UAH 649 million of personal income tax and UAH 442 million of income tax were paid

Metinvest Group, taking into account associated companies and joint ventures, transferred more than UAH 2.5 billion in taxes and fees to the budgets of all levels in Ukraine in January-March 2023. This is stated in the press release on the company’s website.

In particular, during January-March 2023, Ukrainian enterprises paid to Metinvest about UAH 725 million in single social contribution, more than UAH 649 million in personal income tax and about UAH 442 million in income tax.

Also, the land fee – more than UAH 288 million, the subsoil use fee – about UAH 174 million, and the environmental tax – almost UAH 136 million became significant sources of filling the state and local budgets of Ukraine.

“It is not in the tradition of Ukrainians to give up. Therefore, Metinvest companies continue to fill the treasury of Ukraine in extremely difficult war conditions, under the constant threat of enemy fire. We are keeping the order in the economic direction despite the loss of control over the Mariupol plants, the port blockade and other negative factors for the industry. After all, we understand that business must work for victory, and then for the reconstruction of Ukraine. Everyone is as one, because we have one country,” commented the CEO of Metinvest Group Yuriy Ryzhenkov.

As GMK Center reported earlier, Metinvest Group, taking into account associated companies and joint ventures, transferred UAH 20.5 billion taxes and fees to the budgets of all levels in Ukraine. In the structure of taxes and fees, the largest were the income tax – UAH 6.6 billion, the single social contribution – more than UAH 4 billion, and the personal income tax – 3.7 billion.

Since the beginning of the war, the company has allocated more than UAH 3.1 billion to help the country, more than UAH 1.6 billion of which is for the needs of the army within the framework of Rinat Akhmetov’s Steel Front military initiative.