The Kametstal plant, part of the Metinvest mining and metallurgical group, was established on the premises of the Dniprovsky Metallurgical Plant (Kamensk, Dnipropetrovsk region), reduced its tax and fee payments by 30.5% compared to 2024, to UAH 1.957 billion from UAH 2.815 billion.
According to a press release, for the fourth year in a row, amid military threats and energy challenges, Kametstal remains a solid foundation of the Ukrainian economy and the main contributor to the city budget.
In 2025, the city budget of Kamensk received more than UAH 744 million from Kametstal, which is UAH 105 million more than in 2024. More than UAH 1 billion 213 million was transferred to the regional and state budgets.
It should be noted that the lion’s share of tax revenues to local and state coffers from the company in 2025 was provided by a single social contribution, which amounted to almost UAH 588 million (+28% compared to 2024), personal income tax – almost UAH 502 million (+27% compared to 2024), as well as land tax, which increased by almost UAH 44 million compared to 2024 and actually amounted to almost UAH 430 million (+11% compared to 2024).
Environmental tax deductions for the 12 months of 2025 amounted to over UAH 146 million.
The plant’s financial director, Yevgeniya Zhamashvili, noted that last year, Kametstal’s deductions to the city budget increased by 16% compared to 2024 and account for a significant portion of all local revenues.
“For the city, this means stable operation of hospitals, functioning of public utilities, and implementation of priority programs,” she said.
According to Kametstal’s interim report for the fourth quarter of 2025, the main important events, risks, and uncertainties that occurred during the reporting period and affected the interim financial statements include, in particular, disruptions in production and logistics routes, destruction of infrastructure, limited stocks and import and export opportunities due to the escalation of military operations in the region, the energy crisis, staff shortages, economic and legal risks, significant currency fluctuations, etc.
The company is also affected by credit risk, capital management risk, liquidity risk, market risk, and the impact of martial law, the document says.
The plant’s press release also reports that in 2025, the coke shop produced 201,700 tons of coke for the enterprise’s blast furnace production. Last year was a period of real endurance testing and, at the same time, high efficiency for coke chemists: the total economic effect of the coke chemical division (CCD) amounted to $1.203 million, of which the lion’s share ($959 thousand) fell on the coke shop.
As reported, in 2024, Kametstal increased its tax and fee payments by 30% compared to 2023, to almost UAH 2.815 billion. The budget of the city of Kamyanske received almost UAH 639 million, which is UAH 34 million more than in 2023. Almost UAH 2.176 billion was transferred to the regional and state budgets. The largest contributions to budgets at various levels were: social security contributions – almost UAH 457 million (+14% compared to 2023), land payments to the local budget increased by UAH 21.5 million compared to 2023 – amounting to over UAH 386 million (+6% compared to 2023). There was also a significant personal income tax – almost UAH 394 million (+12% compared to 2023), and a military tax of UAH 37 million (+28% compared to 2023).
The environmental tax increased by 17.5% compared to 2023, to UAH 181 million.
In 2023, Kametstal increased its tax and fee payments 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 established on the basis of PJSC Dniprovsky Coke Chemical Plant (DKHP) and PJSC Dniprovsky Metallurgical Plant (DMP).
