In January-March 2025, Metinvest Mining and Metallurgical Group, including its associates and joint ventures, increased its payments to the budgets of all levels in Ukraine by 4% compared to the same period in 2024, to UAH 4.4 billion.
According to the company’s press release on Thursday, the top three largest payments were subsoil use fees (UAH 1.2 billion), a single social contribution (UAH 846 million), and personal income tax (UAH 751 million).
In addition, in January-March 2025, Metinvest’s Ukrainian enterprises paid UAH 365 million in income tax and UAH 166 million in environmental tax. At the same time, land payments increased by 9% year-on-year to UAH 339 million, and military duty more than tripled to UAH 214 million.
“When every hryvnia is important for the front and the rear, responsible business becomes a real pillar of the country. Taxes are not just numbers, but real resources for the army, healthcare and social programs. Stable deductions, assistance to the Armed Forces, steel production for the front line, and humanitarian projects are our contribution to the country’s resilience. We will continue to work to support the state now and build its future together,” said Yuriy Ryzhenkov, CEO of the group.
As reported earlier, in 2024, Metinvest paid UAH 19.8 billion in taxes and fees to the budgets of all levels in Ukraine.
“Metinvest is a vertically integrated group of steel and mining companies. Its businesses are located in Ukraine, in Donetsk, Luhansk, Zaporizhzhia and Dnipro regions, as well as in the European Union, the United Kingdom and the United States.
The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of Metinvest Group.
