Almost 605 million UAH was received from the Kamianske budget, more than 1.549 billion UAH was paid to regional and state budgets
In 2023, Kametstal increased its tax revenues compared to the previous year, transferring more than 2.154 billion UAH in taxes and fees to budgets of all levels. This is stated in a press release on the company's Facebook page.
The city budget of Kamianske received almost 605 million UAH and more than 1.549 billion UAH was paid to the regional and state budgets.
«Despite the trials and challenges of wartime, Kametstal, together with all Metinvest Group companies, continues to be a stable producer of steel products important to the country's economy and a responsible contributor. In this difficult time, the factory is also a reliable pillar of Kamenskoye's economy and the biggest donor to the city's budget», said Sergio Polukhin CFO of Kametstal.
He added that the company's contributions significantly help maintain stable wages for city utility employees and ensure the operation of hospitals and other city programs.
Last year, Kametstal's largest contributions to Ukraine's budgets included a single social contribution (over 401 million UAH), land tax (over 364.5 million UAH) and personal income tax (352, 5 million UAH). Furthermore, in 2023, almost 156.5 million UAH of income tax and more than 154 million UAH of environmental tax were paid.
In 2023, including associates and joint ventures, Metinvest Group paid UAH 14.6 billion in taxes and fees to budgets of all levels in Ukraine.
As previously reported by Compraço, Kametstal paid UAH 1.6 billion in taxes in 2022. The Kamenskoye budget received more than UAH 528 million, while the regional and state budgets received more than UAH 1.07 billion.