Metinvest

NEWS
April 15, 2025

Metinvest Named as Largest Taxpayer in Ukraine’s Steel Industry in 2024

A rating by the NV publication has named Metinvest Group as the largest taxpayer in Ukraine’s steel industry in 2024, when it paid UAH19.8 billion in taxes to budgets of all levels in the country.

The publication asked more than 170 private companies and banks how much tax they paid to budgets of all levels in 2024, and it compiled the rating based on the information received.

According to the survey, nearly 80 of Ukraine’s largest private companies and banks paid a combined UAH466.5 billion in taxes to the state and local budgets last year.

Philip Morris was the largest private taxpayer in Ukraine, paying UAH52.2 billion to budgets of various levels. DTEK came second with UAH41 billion, while BAT completed the top three with UAH38 billion.

In the steel industry, after Metinvest, ArcelorMittal Kryvyi Rih ranked second in terms of taxes paid, contributing UAH6.6 billion. Then came Interpipe with UAH5.5 billion and Ferrexpo AG with UAH3.1 billion. Completing the top six were DCH with UAH2.3 billion and Centravis with UAH548.7 million. Overall, enterprises in the steel industry paid UAH37.8 billion in taxes to the state budget.

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