In the first quarter of 2025, Northern Iron Ore, Central Iron Ore, and Ingulets Iron Ore of Metinvest Group paid UAH 1.1 billion in taxes to budgets at all levels. It is worth noting that the Integrated Iron Ore's total amount of taxes and fees reached UAH 5.7 billion in 2024.
Metinvest's mining and processing enterprises in Kryvyi Rih remain a reliable pillar for Ukraine and the region. Despite the economic challenges, logistics problems, blackouts, and shelling, the enterprises continue to operate and fill the budgets in order to ensure the country's stable functioning, support its social sphere, defence capabilities, etc.
"Over three years of the war, Metinvest's Integrated Iron Ore has adapted to new operating conditions. We have clear goals and action plans that we adjust as necessary and continue to work 24/7. Every working day means taxes that finance healthcare, education, and the army... We understand how vital it is to support the country and the cities where we live today," said Ihor TONIEV, General Director of Metinvest's Integrated Iron Ore.
The subsoil use fee, unified social tax, and personal income tax were among the largest deductions by Integrated Iron Ore in the first quarter of 2025. The land fee and military fee also were significant portions of the payments.
For reference, taking into account affiliated companies and joint ventures, Metinvest Group increased its payment of taxes and fees to budgets at all levels in Ukraine by 36%, reaching UAH 19.8 billion, in 2024 compared to 2023, and paid UAH 4.4 billion in taxes in the first quarter of 2025.