ARCELORMITTAL KRYVYI RIH, KERNEL, AZOVSTAL ARE LARGEST VAT REFUND RECIPIENTS IN JULY

Business news from the Ukrainian League of Industrialists and Entrepreneurs

ARCELORMITTAL KRYVYI RIH, KERNEL, AZOVSTAL ARE LARGEST VAT REFUND RECIPIENTS IN JULY

9 Aug , 2017  

KYIV. Aug 9 (Interfax-Ukraine) – The largest recipient of VAT refund in July 2017 was ArcelorMittal Kryvyi Rih, which received UAH 1.074 billion, according to the unified state open data portal.
According to data posted on the portal, it is followed by Kernel-Trade exporter of oil and other agricultural products with UAH 730.292 million in VAT refunds.
The top five companies also include two metallurgical combines from Metinvest Group of Rinat Akhmetov: Azovstal with UAH 707.683 million, Mariupol-based Illich Steel Mill with UAH 493.636 million, as well as Suntrade agricultural exporter with UAH 546.141 million.
Then another company affiliated with Metinvest, Zaporizhstal, follows with UAH 392.266 million.
The second five companies include Myronivsky Hliboproduct with UAH 300 million, Nibulon with UAH 234.546 million, and JSC Cargill with UAH 218.043 million.
ADM Trading Ukraine with UAH 215.336 million closes the top ten largest recipients of VAT refunds in July.