Metinvest’s Zaporizhzhia enterprises paid UAH 3 billion in taxes in 2024

Payments increased by 35% y/y

Zaporizhzhia-based enterprises of Metinvest Group – Zaporizhstal, Zaporizhvognetryv, Zaporizhkoks and Zaporizhzhia Foundry and Mechanical Plant – paid a total of about UAH 3 billion in taxes and fees to the budgets of all levels in 2024, up 35% year-on-year. This is stated in the company’s press release.

Metinvest’s enterprises remain among the largest taxpayers in Zaporizhzhia. Revenues to local budgets in 2024 amounted to more than UAH 1 billion, which is 30% higher than in 2023.

In the structure of taxes and fees in 2024, the largest deductions were made in terms of the amount of the single personal income tax and the single social contribution. The payment of environmental and land taxes, as well as military duty, also accounted for a significant share of deductions.

In 2024, including associates and joint ventures, Metinvest Group increased its payments of taxes and duties to the budgets of all levels in Ukraine by 36% compared to 2023, to UAH 19.8 billion.

In 2023, Metinvest Group paid UAH 14.6 billion in taxes and duties to the budgets of all levels in Ukraine. The largest contributions included a single social contribution of UAH 3.3 billion, income tax of UAH 3.2 billion and personal income tax of over UAH 3 billion. In 2023, the company’s Zaporizhzhia plants paid over UAH 2.1 billion in taxes.