Metinvest Group’s Kametstal plant, which was built at the facilities of Dnipro Metallurgical Plant (Kamianske, Dnipro region), increased its tax and fee payments by 30% in 2024 compared to 2023, to almost UAH 2.815 billion.
According to a press release, the plant has remained a steady support for Ukraine’s economy for the third consecutive year of war, despite all the objective difficulties.
“Almost UAH 639 million, which is 34 million more than in 2023, was received by the budget of the city of Kamianske. The regional and state budgets received almost UAH 2.176 billion,” the company says.
It is specified that the largest contributions to the budgets of different levels are the unified social tax – almost UAH 457 million (+14% by 2023), land payments to the local budget increased by UAH 21.5 million compared to 2023 and amounted to more than UAH 386 million (+6% by 2023). The personal income tax is also significant – almost UAH 394 million (+12% by 2023), and the military fee amounted to UAH 37 million (+28% by 2023).
Environmental tax increased by 17.5% compared to 2023, to UAH 181 million.
Yevgeniya Zamiashvili, CFO of the plant, noted that Kametstal, along with all the company’s enterprises, works for the country’s economy, remaining a stable producer of demanded steel products and a responsible taxpayer in the most difficult times.
“As a key enterprise in the city, we remain the largest donor to the city budget. The company’s responsible deduction of funds in full means supporting stable salary payments to employees of the city’s utilities, ensuring the operation of medical facilities and the most important city programs,” said the CFO.
The press service reminds that in 2024, Metinvest Group, including its associates and joint ventures, increased the payment of taxes and fees to the budgets of all levels in Ukraine by 36% compared to 2023, up to UAH 19.8 billion.
As reported earlier, in 2023, KAMETSTAL increased its payment of taxes and duties by 34.8% compared to 2022, to UAH 2.154 billion. “In 2022, KAMETSTAL paid UAH 1.598 billion in taxes and fees, which is higher than in 2021.
“Kametstal was created on the basis of PJSC Dnipro Coke Plant (DKKhZ) and CMC of PJSC Dnipro Metallurgical Plant (DMK).
According to the 2020 report of Metinvest Group’s parent company, Metinvest B.V. (Netherlands) owned 100% of the shares in DCCP.
