DCH Steel of businessman Alexander Yaroslavsky’s DCH Group, which concentrates the company’s mining and metallurgical assets, increased its payments of taxes and duties to budgets of all levels by 7.2% year-on-year to UAH 173.4 million in January-March this year.
According to a report in DCH Steel’s corporate newspaper on Thursday, the total amount of payments made by Sukha Balka Mine is UAH 96.9 million. The largest part of the payments is the rent for the use of subsoil for mining – UAH 49.3 million. The company paid UAH 18.3 million in unified social contribution (USC), UAH 17.1 million in personal income tax (PIT), UAH 5 million in land rent, and UAH 4.8 million in military duty.
Dnipro Metallurgical Plant’s (DMZ) contribution amounted to UAH 76.5 million, including UAH 25.2 million in land rent, UAH 22.2 million in unified social tax, UAH 21.1 million in personal income tax, and UAH 5.9 million in military duty.
As reported, in 2024, DMZ reduced its tax payments by 24.1% to UAH 498.9 million compared to 2023, while Sukha Balka mine (Kryvyi Rih, Dnipro region) paid UAH 404.5 million in taxes.
DMZ specializes in the production of steel, cast iron, rolled products and products made from them. On March 1, 2018, DCH Group signed an agreement to buy DMZ from Evraz.
Sukha Balka mine is one of the leading mining companies in Ukraine. It produces iron ore by underground mining. It includes Yubileynaya and Frunze mines. DCH Group acquired the mine from Evraz Group in May 2017.
