By paying taxes during the period of coronavirus quarantine measures Metinvest Group continues supporting Mariupol and other cities in Ukraine, where the company operates. In nine months of 2021, statutory taxes paid by the company's Mariupol-based enterprises to the city budget amounted to UAH 1,023 billion.
Ilyich Steel, Azovstal, Metinvest-Promservice and Mariupol Machining and Repair Plant account for a major contribution of 77.3%, or UAH 793.5 million of the total taxes paid. Other enterprises of Metinvest Group account for 22.5%, or UAH 229.7 million.
Metinvest Group is a responsible taxpayer: over 15 years, the company has paid UAH 165 billion to the budgets of different levels providing the local communities with the funds for development. Stable operation of the company's enterprises from year to year contributes to regions development.
Metinvest is one of the largest investors in Ukraine's economy. The company's enterprises are diligent taxpayers. Taxes and salaries timely paid by Metinvest Group enterprises work for the good of the people. Due to daily work of our steelmakers, Mariupol can pay salaries to the doctors and provide the hospitals with the most needed items.
— Enver TSKITISHVILI, General Director of Azovstal.
With their work, our employees make significant contribution on a daily basis to the well-being of Mariupol and Ukraine. As a responsible taxpayer, Metinvest makes deductions to the budgets of the regions where its enterprises operate. The contribution of the Mariupol steelmakers help the city feel confident in the future due to significant tax payments, which are used, among other things, to pay salaries to teachers, doctors, and public service workers.
— Taras SHEVCHENKO, General Director of Ilyich Steel.As a reminder, the Mariupol-based enterprises of Metinvest Group paid UAH 0.9 billion to the local budget over nine months of 2020 and did not benefit from a tax holiday announced by law #3220 On Amendments to the Tax Code of Ukraine. This allowed to sustain the city during the lockdown. The decision was supported by the company shareholders Rinat Akhmetov and Vadim Novinsky.
