Metinvest enterprises in Zaporizhzhia transferred about 3 billion UAH in taxes and fees to budgets of all levels in 2020


Zaporizhzhia enterprises associated with Metinvest Group transferred almost 3 billion UAH to the consolidated budget of Ukraine in 2020. Including the city and regional budgets “Zaporizhstal”, “Zaporozhgneupor”, “Zaporozhkoks” and the Zaporozhye Foundry and Mechanical Plant for this period sent the amount of taxes and fees at the level of last year – about 824 million UAH.

“Support and development of the region is our key task as a socially responsible business. Despite the crisis in the industry and the consequences of the pandemic in 2020, we have managed to keep deductions to local budgets at the level of last year. Of course, this is a stable aid to support the economy of the Zaporizhzhia region during pandemic”, said the General Director of Zaporizhstal Alexandr Mironenko.

Let us remind that Metinvest Group, realizing its responsibility to the cities in which its enterprises are located, previously decided to abandon tax holidays provided for by law No. 3220 “On Amendments to the Tax Code of Ukraine” to support business during the period of quarantine measures against coronavirus infection.

Note that in 2021 Metinvest Group celebrates the 15th anniversary of its foundation. Metinvest is an international vertically integrated mining and metallurgical group of companies. The structure of the group includes mining and metallurgical enterprises in Ukraine, Europe and the USA, as well as a sales network in all key regions of the world. The company controls the entire production chain – from the extraction of ore and coal to the production of semi-finished products and finished products.