Over four years into the full-scale war with russia, our steel company Metinvest continues to provide essential support to the Ukrainian economy. Taking into account associated companies and joint ventures, the Group paid UAH 4.3 billion ($97.9 million) in taxes and fees to budgets of all levels in Ukraine during the first quarter of 2026.
The most substantial contributions to the state budget during this period included the fee for subsoil use, which amounted to UAH 1.2 billion ($27.3 million). This was followed by the single social contribution of UAH 823 million ($18.7 million) and personal income tax totalling UAH 727 million ($16.6 million).
Furthermore, in the January to March period of 2026, Metinvest's Ukrainian enterprises transferred UAH 351 million ($8.0 million) in corporate profit tax, UAH 331 million ($7.5 million) in value-added tax, UAH 328 million ($7.5 million) in land tax, and UAH 207 million ($4.7 million) towards the military levy. Additionally, the environmental tax paid by the company increased by 15 per cent compared to the first quarter of 2025, reaching UAH 190 million ($4.3 million).
Metinvest's contribution to Ukraine's defence is equally significant. Under Rinat Akhmetov's Steel Front initiative, the company's total assistance to Ukraine since the full-scale invasion has reached UAH 9.3 billion ($211.8 million). Among the most notable achievements are two underground medical stabilisation points, built to NATO Role 2 standard, providing frontline surgical and trauma care for Ukraine's defenders.
Yuriy Ryzhenkov, Chief Executive Officer of Metinvest Group, commented on the results:
"For 20 years, Metinvest has worked for Ukraine, and under any conditions, we have not deviated from a simple principle: to work transparently and pay taxes. The war and crises change the rules of the game, but not our responsibility to the country. Today, taxes mean real help for the army, medicine, and people. We will continue to work to support the country now and prepare for its future recovery."
This ongoing commitment builds upon a strong foundation of economic support. In 2025, Metinvest transferred UAH 18.7 billion ($425.9 million) in taxes and fees to the Ukrainian state. In total, over more than four years of the full-scale war with russia, and including the first quarter of 2026, the Group has allocated approximately UAH 78 billion ($1.78 billion) to sustain the national economy.
