The enterprises of British-based Ferrexpo plc, which controls the Poltava, Yeristovo and Belanovo ore mining and processing enterprises (GOK) in Ukraine, in 2017 increased payment of taxes and fees to the budgets of all levels by 62% compared to 2016, to more than UAH 1.3 billion.
According to a company press release, during the reporting period Poltava GOK (Ferrexpo Poltava Mining) transferred more than UAH 1.008 billion of taxes and fees to the budgets of all levels, Ferrexpo Yeristovo Mining more than UAH 305.6 million, while Ferrexpo Belanovo Mining more than UAH 6.1 million.
Poltava GOK paid more than UAH 167 million to the local budget, more than UAH 144 million to the regional budget, and more than UAH 500 million to the national budget of Ukraine (20.6%, 17.8% and 61.6% respectively). Social security tax paid by the company amounted to more than UAH 197 million.
Yeristovo GOK transferred more than UAH 53.5 million to the local budget, more than UAH 70.4 million to the regional budget, more than UAH 144.1 million to the national budget (19.9%, 26.3% and 53.8% respectively). Social security tax paid by the company amounted to more than UAH 37.6 million.
Belanovo GOK paid more than UAH 3.2 million to the local budget, over UAH 300,000 to the regional budget, and more than UAH 700,000 to the national budget (76.2%, 7.1% and 16.7% respectively). Social security tax paid by the company amounted to more than UAH 1.9 million.
