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

Melovin spoke candidly about his struggle with alcoholism and the consequences for his health

Ukrainian singer Melovin, also known as Kostyantyn Bocharov, for the first time...

Poland handed Ukraine helicopters for pilot training

Ukraine received three helicopters from Poland: two Mi-8 and...

Oleksandr Usyk: what motivates the Ukrainian champion before the fight with Tyson Fury

Ukrainian super heavyweight Oleksandr Usyk, WBA world champion,...

Ukrainians in Germany are advised to find a job as soon as possible

Ukrainian refugees who found refuge in Germany because of the war...

People's deputy from "Servant of the People" Roman Kaptelov hid his wife's real estate and income in Russia

Deputy from the political party "Servant of the People" Roman Kaptelov found himself...

Serhiy Sivoho was buried on his "native land" in Donetsk

Humorist, showman and public figure Serhiy Sivoho, who died...

PrivatBank blocks Natskeshbek cards: how to unblock funds for customers

Customers of PrivatBank began to complain en masse about the blocking of virtual cards...

A leopard attacked an employee of the Odessa zoo: the police had to neutralize the predator

This morning, there was an incident in Odessa Zoo, which jumped...