Metinvest Group’s Financial Performance in Q1 2026
In the first quarter of 2026, Metinvest Group contributed 4.3 billion UAH in taxes and fees to all levels of Ukraine's budget. The largest allocations included:
- Subsoil use fees – 1.2 billion UAH
- Unified social tax – 823 million UAH
- Personal income tax – 727 million UAH
- Corporate profit tax – 351 million UAH
- Value-added tax (VAT) – 331 million UAH
- Land tax – 328 million UAH
- Military levy – 207 million UAH
The environmental tax for Q1 2026 rose by 15% compared to the same period last year, reaching 190 million UAH. For the full year 2025, Metinvest Group paid 18.7 billion UAH in taxes. Since the start of the full-scale war, the group’s total tax contributions have approached nearly 78 billion UAH. These figures highlight the company’s ongoing financial engagement amid Ukraine’s challenging economic landscape.
Metinvest CEO Yuriy Ryzhenkov stated: 'Today, taxes are real support for the army, healthcare, and the people. We will continue working to sustain the country.'
Metinvest Group’s substantial tax payments underscore the role of corporate responsibility during wartime and economic hardship. These budget contributions not only fund state programs but also bolster social initiatives, which is especially critical in these difficult times. The increase in environmental tax reflects the company’s commitment to complying with ecological standards, potentially enhancing its public reputation.
In addition to its significant tax contributions, Metinvest is also adapting its defense production strategy to a more commercial model. This shift is indicative of the company's broader efforts to enhance efficiency and meet both domestic and international demands amid ongoing challenges. For a detailed overview of these key changes and their implications, read more about how Metinvest is transforming its defense operations.