Business news from Ukraine


7 June , 2021  

Kernel-Trade in May 2021 topped the list of the largest recipients of budget value added tax (VAT) refunds with an indicator of almost UAH 1.67 billion, while in the past month there was no information on refunds, according to the data on the website of the State Treasury.
According to the report, the top three also included two metallurgical enterprises: PJSC ArcelorMittal Kryvyi Rih with an indicator of almost UAH 1.05 billion compared to UAH 556.2 million in April, as well as Zaporizhstal with UAH 583.8 million against UAH 700.9 million, respectively.
Agricultural exporter Suntrade, leading in April, received UAH 519 million of budgetary VAT refunds in May, which is almost half the previous figure of UAH 950.8 million, according to the statistics of the agency.
The top five largest recipients of budget VAT refunds also included Mariupol-based Illich Metallurgical Plant, affiliated with Metinvest Group, which in a month slightly reduced the figure from UAH 500 million in April to UAH 465.6 million in May.
The top ten largest recipients of budget VAT refunds in May also included ADM Ukraine with UAH 403.2 million (there was no information on refunds in April), Nibulon with UAH 314.5 million (UAH 298.4 million), AT Cargill with UAH 253.8 million (almost UAH 159 million).
They are followed by Dniprovsky Metallurgical Plant with UAH 251 million (UAH 251.2 million) and Poltava Mining and Processing Plant (GOK) with UAH 239.2 million (UAH 212.8 million), which have practically not changed their indicators for the month.