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

Olya Polyakova's daughter and her husband arrived in Ukraine

Ukrainian singer Olya Polyakova shared touching footage with fans...

Presidential, parliamentary and local elections: how much will it cost Ukraine?

Holding future elections in Ukraine could cost the state budget...

Over 2 tons of imported vegetables destroyed in Lviv region due to dangerous pest

In the Lviv region, phytosanitary service specialists prevented a potential threat...

Kindergarten with overpayments: Solomianska RDA tender estimate raises questions

Department of Education of the Solomyansk District State Administration of Kyiv December 11...

In Chernihiv region, a deputy of the RDA is suspected of selling a seized car

In Chernihiv region, law enforcement officers have declared a suspicion against the deputy head of the district state...

Volyn Regional Council deputy detained in case of ice rink construction

The Snow Queen skating rink is linked to former MP Yuriy...

Kharkiv kindergartens overpaid millions: those involved in the case were fined by the Antimonopoly Committee of Ukraine

Two criminal cases against LLC "Firma..." have been closed in Kharkiv.

The family of the head of BEB in Lviv owns an elite car and land plots

Acting Head of the Territorial Department of the Bureau of Economic Security...