Business news from Ukraine

DNIPROVSKY STEEL WORKS, STATE FOOD-GRAIN CORPORATION, KERNEL LARGEST RECIPIENTS OF VAT REFUNDS IN APRIL

5 May , 2017  

KYIV. May 5 (Interfax-Ukraine) – Dniprovsky steel works, part of the ISD corporation, was the largest recipient of VAT in April 2017. The company received UAH 1.205 billion in April and UAH 647.8 million in March for the first time this year.
The State Treasury Service reported on Thursday that State Food-Grain Corporation received UAH 882.5 million of refunds (in March nothing was refunded), and the leader of the first three months – Kernel-Trade got UAH 667.4 million in April.
Other largest VAT recipients were ArcelorMittal Kryvyi Rih with UAH 453.8 million, Mariupol Illich Steel Works with UAH 376.3 million and Zaporizhstal with UAH 296.9 million, Suntrade with UAH 237.7 million, Radekhiv Tsukor with UAH 195.4 million, Cargill with UAH 191.9 million and ADM Trading Ukraine with UAH 185.1 million.
Poltava Mining received UAH 177.7 million in April, Nibulon – UAH 175.2 million and Lebedyn Seed Plant – UAH 164.7 million.
In general, UAH 11.09 billion was refunded in April, which is 11.8% more than in March 2017 and 55.5% more than in April 2016.