Kyivstar, Ukraine’s largest telecommunications operator, paid over 13.67 billion UAH in taxes and fees to the state budget in 2025, a 12% increase from the previous year, according to a press release issued by the company on Wednesday.
According to the release, over the four years of full-scale war, the company’s total tax contributions exceeded 46.5 billion UAH, cementing Kyivstar’s status as the largest taxpayer in Ukraine’s telecom industry.
Previously, the company reported paying 12.3 billion UAH in taxes and fees for 2024 and 10.8 billion UAH for 2023.
According to data from the YouControl system, Kyivstar increased its revenue by 19.6% last year—to 43.81 billion UAH—while its net profit rose by 8.6%—to 12.31 billion UAH.
The Kyivstar Group’s annual consolidated financial statements, published recently, also noted that in 2025, income taxes increased by $10 million, or 15.6%, to $74 million.
“This increase was driven by higher taxable income for the year ended December 31, 2025, including approximately $18 million in taxable income related to the acquisition of Uklon,” the report stated.
“It is important for us to remain a reliable partner of the state: significant tax revenues, investments in the network, and strengthening its energy independence are our contribution to economic stability and uninterrupted connectivity for millions of people,” Kyivstar President Oleksandr Komarov is quoted as saying in the release.
The company also noted that since 2022, it has invested over 4.6 billion UAH in the procurement and maintenance of backup power equipment, and has allocated a total of 40.1 billion UAH in capital investments during this period toward infrastructure restoration, modernization, and the development of digital capabilities.
In addition, Kyivstar reported that last year it allocated 1.7 billion UAH to support the Armed Forces, subscribers, and the implementation of social projects, bringing the total amount allocated for these purposes since the start of the war to over 4.4 billion UAH.
It is noted that in 2025, the company launched a new charitable initiative—supporting pediatric intensive care units at the UNBROKEN Center based at the First Medical Association of Lviv, to which it allocated 15 million UAH.
As reported, as of the end of 2025, Kyivstar served approximately 22.4 million mobile subscribers and over 1.2 million fixed-line subscribers. The company is wholly owned by Kyivstar Group Ltd, whose shares are traded on the U.S. Nasdaq stock exchange and whose majority owner, in turn, is the telecommunications holding company VEON with an 83.6% stake.
In 2025, the Kyivstar Group increased its EBITDA by 30% to UAH 27 billion, with revenue growing by 30.3% to UAH 48.2 billion; including in the fourth quarter of last year, when EBITDA increased by 23.1% to UAH 7.2 billion, with revenue growing by 30.1% to UAH 13.5 billion.
All three nuclear power plants of NAEK Energoatom located in Ukraine-controlled territory met their targets in 2025 and generated 54.1 billion kWh of electricity, which is 100.8% of the target, the company reported on Wednesday.
“The target was exceeded by 418 million kWh. An increase in electricity production compared to 2024 and a reduction in the duration of the maintenance campaign were recorded. Repair work must continue to be optimized by introducing new technologies,” said Pavlo Kovtonyuk, acting chairman of the board of Energoatom.
In 2025, Energoatom also paid UAH 168.5 billion for special obligations to ensure the availability of electricity for residential consumers (PSO) and transferred over UAH 44.5 billion to the state budget.
As the company added, it supports its employees, particularly specialists from the Zaporizhzhia NPP who were forced to leave their hometown and the plant due to the Russian occupation. Currently, over 2,600 ZNPP nuclear power plant workers are employed at other branches and within the NAEK Directorate.
Currently, Energoatom operates nine power units at the South Ukraine, Rivne, and Khmelnytskyi NPPs with a total capacity of 7,880 MW, located in territory controlled by Ukraine.
The Zaporizhzhia NPP, with six VVER-1000 power units with a total capacity of 6,000 MW, has not been generating electricity since September 11 of that year following its occupation on March 3–4, 2022.
Tax revenues from the tourism industry in 2025 amounted to UAH 4 billion 426.2 million, which is 50.6% more than in 2024, according to the annual report of the State Agency for Tourism Development of Ukraine (DART).
As SART Chairwoman Natalia Tabaka said during the presentation of the report, excluding companies under KVED 79.90 (booking services), tax revenues grew by 35.7% last year to UAH 3 billion 987.8 million.
According to SATA, the total number of taxpayers at the end of the year was 20,700, including 3,700 legal entities (+5.3%) and 16,900 individual entrepreneurs (+20.7%). The overall growth in the number of taxpayers in tourism in 2025 compared to 2024 was 17.6% (excluding KVED 79.90 – 7%).
According to the report, local budgets received UAH 359 million in tourism tax in 2025, which is 31.5% more than in 2024. The leaders in terms of revenue were Kyiv (UAH 70 million), Lviv region (UAH 63 million), as well as Ivano-Frankivsk (UAH 46 million), Zakarpattia (UAH 31.9 million), Cherkasy (UAH 28.5 million), and Odesa (UAH 20.3 million) regions.
It is noted that for 2025, DART was allocated funding from the state budget in the amount of UAH 22.8 million. At the end of the year, cash expenditures amounted to UAH 15.6 million, and returns to the budget amounted to UAH 7.1 million. The agency exceeded its plan in terms of international events (15 held, compared to 8 planned) and licenses issued (24 issued, compared to 15 planned).
In 2025, the mining and metallurgical group Metinvest, including its associated companies and joint ventures, transferred UAH 18.7 billion to budgets of all levels in Ukraine, compared to UAH 19.8 billion in 2024.
According to the company’s press release on Monday, the largest amount of deductions was the subsoil use fee in the amount of UAH 4.6 billion, followed by UAH 3.5 billion in single social contributions and UAH 3.2 billion in personal income tax.
In addition, Metinvest’s Ukrainian enterprises paid UAH 1.9 billion in income tax and UAH 690 million in environmental tax last year. At the same time, value-added tax increased by 18% compared to last year’s figures, to almost UAH 2 billion, land fees increased by 10%, to UAH 1.4 billion, and military tax increased almost threefold, to UAH 916 million.
“The war and global challenges have changed the business reality and forced us to work in a new way. But the role of metallurgy remains strategic: it continues to support the economy, provide foreign exchange earnings, and fill the budget. As the largest company in the industry, Metinvest continues to operate, support the regions, and help the army,” said Yuriy Ryzhenkov, CEO of the group.
As reported, in 2024, Metinvest transferred UAH 19.8 billion in taxes and fees to budgets of all levels in Ukraine. In total, during almost four years of full-scale invasion, the group has supported the country’s economy with approximately UAH 74 billion.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions – as well as in the European Union, the United Kingdom, and the United States. The main shareholders of the holding company are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
The Ministry of Economy, Ecology, and Agriculture of Ukraine will resume accepting applications for grants for the development of horticulture, berry growing, viticulture, and greenhouse farming on February 2, 2026. Documents will be submitted through the Diya portal. The total budget for the program in 2026 is $465 million, according to the ministry’s press service.
“We are resuming one of the important programs to support farmers — grants for orchards and greenhouses. This is not short-term assistance, but an investment in the development of the agricultural sector, the creation of jobs in communities, and the improvement of production sustainability. (…) Our goal is to support producers, stimulate the creation of value-added products, and ensure the sustainable development of rural areas, especially in the context of war and post-war recovery,” emphasized Taras Vysotsky, Deputy Minister of Economy, Environment, and Agriculture.
The Ministry of Economy specified that grants for orchards will be available for planting and developing plantations ranging from 1 to 25 hectares. The maximum amount of support is up to UAH 10 million per recipient, but no more than UAH 400,000 per hectare. Grants for greenhouses are provided for the construction of modular greenhouses with an area of 0.4 to 2.4 hectares. The size of the grant will depend on the area: 0.4-0.6 hectares – up to UAH 2 million, 0.8-1.2 hectares – up to UAH 3.5 million, 1.6-2.4 hectares – up to UAH 7 million.
For projects in frontline and deoccupied territories, the state may cover up to 80% of the project cost. The project must be implemented on land whose ownership or use rights have been confirmed for at least seven years.
The amount of value-added tax (VAT) declared by non-residents who provide electronic services to individuals in the customs territory of Ukraine and are registered as VAT payers reached 14.4 billion hryvnia in 2025, while in 2024, the budget received 29% less – 11.2 billion hryvnia.
The “Google tax” brought over 14.4 billion hryvnia to the budget in 2025. These are funds paid by non-residents who provide electronic services to individuals in the customs territory of Ukraine and are registered as VAT payers,” wrote Lesya Karnaukh, acting head of the State Tax Service of Ukraine (STS), on her Facebook page.
According to her, 150 non-residents already pay this tax: in 2025, 12 new non-residents registered as VAT payers, and at the beginning of 2026, another five companies did so.
The leaders in paying the “Google tax” remain the world’s leading digital companies: Apple, Google, Valve, Meta, Sony, Etsy, and Netflix.
“All the electronic services we use every day contribute to the state budget. These are funds for the protection of the country, social programs, and restoration,” Karnaukh noted.
