In 2023, Metinvest’s Zaporizhzhia-based businesses – Zaporizhstal, Zaporizhzhia Refractories, ZaporizhCoke and Zaporizhzhia Casting and Mechanical Plant – paid over UAH 2.1 billion in taxes and fees to budgets of all levels. Local budgets received over UAH 818 million.
“Underutilised capacity, shortage of skilled staff, blockade of seaports and other challenges are the realities Ukrainian steelmakers faced in 2023. Nevertheless, every second tonne of hot metal, steel and rolled products made in Ukraine last year was produced by Zaporizhstal. This is our steel-strong support for Ukraine on its path to victory, so we continue to work to bolster the national economy, support the country’s defence capability, provide employment for industry professionals and take care of our staff, finance and implement humanitarian projects,” said Roman Slobodianiuk, General Director of Metinvest Group’s Zaporizhstal.
In 2023, single personal income tax and single social contribution were the largest contributors in terms of taxes and fees. The contribution of land tax and environmental tax was also substantial.
As a reminder, under the circumstances of martial law, Metinvest’s Zaporizhzhia businesses refused from tax benefits worth over UAH 350 million in favour of the state. During the grace period, Metinvest’s Zaporizhzhia steelmakers additionally paid more than UAH 350 million to the state budget, of which more than UAH 200 million went to local budgets.
It is worth mentioning that Metinvest Group, including associates and joint ventures, paid UAH 14.6 billion in taxes and fees to Ukrainian budgets of all levels in 2023. Since the onset of the full-scale war, Metinvest Group has allocated UAH 4.8 billion to support Ukraine and its citizens, of which more than UAH 2.5 billion has been spent on the needs of the army as part of Steel Front, Rinat Akhmetov’s defence initiative. Metinvest Group remains the country’s reliable pillar in the fight against the enemy.