For over three years of full-scale war, Metinvest has continued to support Ukraine’s economy. In Q1 2025, including associated companies and joint ventures, the Group increased its taxes and duties to budgets of all levels in the country by 4% year-on-year to UAH4.4 billion.
The three largest items were subsoil use fees, which amounted to UAH1.2 billion, a single social contribution of UAH846 million and personal income tax of UAH751 million.
In addition, in January-March 2025, Metinvest’s Ukrainian enterprises paid UAH365 million in income tax and UAH166 million in environmental tax. Meanwhile, rent payments rose by 9% year-on-year to UAH339 million, while military tax more than tripled to UAH214 million.
Yuriy Ryzhenkov, CEO of Metinvest Group, said:
“When every hryvnia counts for both the front line and the home front, responsible business becomes a true pillar of the country. Taxes are not just numbers, but real resources for the army, healthcare and social programmes. Stable tax contributions, support for the armed forces of Ukraine, steel production for the front and humanitarian projects: these are our contributions to the country’s resilience. We will continue working to support the state now and build its future together.”
To recap, in 2024, Metinvest paid UAH19.8 billion in taxes and duties to budgets of all levels in Ukraine. A recent rating by the NV publication named the Group as the largest taxpayer in the country’s steel industry.
