How Ukrainian companies invest in the economy

The publication NV presented the rating of the Top 50 largest investor companies of Ukraine, which over the past 2.5 years have invested more than UAH 224 billion in the country's economy. The invested funds were directed mainly to the reconstruction of assets and the development of previously planned projects. The three leaders of the rating consist of exclusively Ukrainian companies: DTEK and "Metinvest" of Rinat Akhmetov, as well as MHP. "Epicentr" and "Kyivstar" were also included in the top five investors.

Metinvest has become one of the largest investors in the Ukrainian economy since the start of the full-scale war, spending more than UAH 28.1 billion on capital expenditures (CAPEX), including joint ventures. In 2022−2023, the company invested in the launch of new coking coal mining benches, repairs of coke batteries at Kametstal and blast furnaces at Zaporizhstal, as well as major repairs of rolling mills at Zaporizhstal.

Yuriy Ryzhenkov, General Director of Metinvest Group, noted that metallurgy and Metinvest remain the basis of Ukraine's economy. The company constantly invests in its assets to ensure the production of steel to rebuild the infrastructure and support the armed forces, and also provides foreign exchange earnings to the country and pays significant taxes.

To form the NV rating, requests were sent to more than 160 large companies operating on the Ukrainian market with a request to provide data on capital investments and asset purchase agreements in Ukraine over the past two and a half years. The rating includes only companies that are not state-owned companies and have no charges against their owners.

We will remind that over the last six months Metinvest paid UAH 10 billion in taxes to the budget of Ukraine, which is 56% more compared to the first half of 2023. The main expenses were the subsoil use fee (UAH 2.9 billion), the single social contribution (UAH 1.8 billion) and personal income tax (UAH 1.7 billion). In January-June 2024, the company also paid UAH 1.4 billion in income tax, which is 26% more than in the same period of the previous year.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

Bank collectors detained in Transcarpathia who were transporting a tax evader to the border

In Transcarpathia, a scheme for the escape of tax evaders was exposed: a bank's collection car...

Construction of the Shostka shelter: the contractor offered sand at twice the market price

Construction of a shelter for the Shostka Vocational and Technical Education Center again...

VAKS confiscated the property of the head of the village council in the Rivne region: house, land, boat

On November 26, the Supreme Anti-Corruption Court ruled to recover...

No precipitation in Ukraine today, but with strong southerly winds

On November 26, the weather in Ukraine will be determined by a warm air mass...

Lack of sleep doubles the risk of serious illness: new British study sounds the alarm

Despite widespread awareness of the importance of quality rest, most adults...

Orbital company Standard One is suing Kyiv City Council for half a hectare of land in Obolon

One of the most high-profile land conflicts of the year is underway in Kyiv...

Deputy Head of Transcarpathian OVA Biletsky is accused of schemes with forests, tenders and covering up smuggling

The Transcarpathian region has found itself at the center of a number of high-profile corruption scandals,...

Military expert Hetman called for involving young people from the age of 18 to create a reserve of Ukraine

Ukraine must prepare a powerful mobilization reserve involving young men...