Metinvest's $500 Million Tax Contribution: How Rinat Akhmetov's Company Funds Ukraine

Metinvest's Financial Contributions

According to Главком: Metinvest, the industrial group owned by Rinat Akhmetov, has disclosed its financial contributions in taxes, duties, and other support for Ukraine. In 2025, including its associated companies and joint ventures, Metinvest paid UAH 18.7 billion in taxes and duties to budgets at all levels within Ukraine.

The company's largest individual payments were:

• Mineral extraction tax – UAH 4.6 billion;
• Unified social contribution – UAH 3.5 billion;
• Personal income tax – UAH 3.2 billion;
• Corporate income tax – UAH 1.9 billion;
• Environmental tax – UAH 690 million;
• Value-added tax – nearly UAH 2 billion;
• Land fee – UAH 1.4 billion;
• Military levy – UAH 916 million.

In 2024, Metinvest continued its operations, transferring UAH 19.8 billion in taxes and duties to Ukrainian budgets. Over the nearly four years of full-scale war, the Group has supported the country's economy with approximately UAH 74 billion in total contributions. Since the invasion began, Metinvest's direct aid to Ukraine totals UAH 9.3 billion, of which UAH 4.9 billion was directed to military assistance through Rinat Akhmetov's 'Steel Front' initiative. As one of Ukraine's largest private employers, the company's tax payments are a critical source of wartime revenue for the state.

Investments and Support Programs

Metinvest remains a leading investor in the Ukrainian economy, having invested more than UAH 28 billion since February 24, 2022. The company currently employs nearly one-third of all veterans who have returned to work at large Ukrainian businesses. It has also launched the 'Steel Force' initiative, aimed at training a new generation of specialists to rebuild the country's industrial sector after the war.

Yuriy Ryzhenkov, CEO of Metinvest, stated: 'The war and global challenges have transformed the business landscape, forcing us to operate in new ways. Yet the role of metallurgy remains strategically vital: it continues to sustain the economy, generate foreign currency revenue, and fill the state budget. As the industry's largest company, Metinvest keeps working, supporting our regions, and aiding the army. And we will not stop-because we believe in Ukraine and are working for its future.'

The financial data released by Metinvest underscores the company's significant role in sustaining the Ukrainian economy during the conflict. The consistent scale of its tax payments demonstrates business resilience and an ability to adapt to extremely challenging conditions. Initiatives like Steel Force highlight the company's commitment not only to supporting the current economy but also to investing in the nation's future by preparing a skilled workforce. These factors are likely to positively influence the post-war recovery of Ukrainian industry.