NV magazine has presented a ranking of the Top 50 largest Ukrainian investor companies, which have invested over UAH 224 billion in the country's economy over the past 2.5 years. The funds invested were mainly used to rebuild assets and develop previously planned projects. The top three in the ranking are exclusively Ukrainian companies: DTEK and Metinvest of Rinat Akhmetov, as well as MHP. The top five investors also include Epicenter and Kyivstar.
Metinvest has become one of the largest investors in the Ukrainian economy since the start of the full-scale war, spending over UAH 28.1 billion on capital expenditures (CAPEX), including joint ventures. In 2022-2023, the company invested in the launch of new coking coal mines, repairs of coke ovens at Kametstal and blast furnaces at Zaporizhstal, as well as in the overhaul of rolling mills at Zaporizhstal.
Yuriy Ryzhenkov, CEO of Metinvest Group, noted that metallurgy and Metinvest remain the foundation of Ukraine's economy. The company is constantly investing in its assets to ensure steel production for infrastructure restoration and support for the Armed Forces of Ukraine, as well as providing foreign exchange earnings to the country and paying significant taxes.
To create the NV rating, requests were sent to over 160 large companies operating in the Ukrainian market, asking them to provide data on capital investments and asset purchase transactions in Ukraine over the past two and a half years. The rating includes only companies that are not state-owned and do not have charges against their owners.
Recall that over the past six months, Metinvest paid UAH 10 billion in taxes to the Ukrainian budget, which is 56% more than in the first half of 2023. The main expenses were fees for the use of subsoil (UAH 2.9 billion), a 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 profit tax, which is 26% more than in the same period of the previous year.
