Rudomine paid UAH 500 million in taxes in 2022

In 2022, the Kryvyi Rih enterprise Rudomine, which is engaged in the extraction of iron ores, transferred almost UAH 500 million in taxes and fees to the budgets of all levels of Ukraine. This is stated in the press release of enterprise.

The company paid more than UAH 330 million to the state budget, and about UAH 170 million to the budget of Kryvyi Rih.

“The company has been working on the iron ore extraction market since 2005. During this time, more than 20 million tons of substandard ores of the Kryvyi Rih iron ore basin were processed. Unfortunately, the bloody war somewhat adjusted the company’s actions. Now the enterprise works at only 50% of its pre-war capacity. However, despite the difficult situation and the drop in sales volumes, Rudomine remains a model of a socially oriented company,” the report says.

The company has no salary arrears and continues to fulfill all social obligations to employees and Kryvyi Rih.

As GMK Center reported earlier, because of the war, Rudomine is operating at half of its capacity due to difficulties with logistics and delivery of spare parts and consumables for blasting operations during the extraction of iron ore. There are also difficulties with servicing equipment and mechanisms.

In 2021, Rudomine paid UAH 520 million in taxes and fees to the budgets of all levels of Ukraine. UAH 124 million was paid from the Kryvyi Rih budget for the year.

Mining company Rudomine LLC was registered in May 2010. The enterprise is engaged in the extraction of iron ore and operates on the markets of Ukraine, the CIS and Europe.