DTEK named largest Ukrainian tax contributor in 2024

DTEK is largest Ukrainian contributor to Ukrainian tax receipts
Company contributed UAH41bn, or €878m
Tax contribution has increased significantly from UAH 31.9 billion in 2021

DTEK, the largest private investor in Ukraine’s energy sector, has been named the biggest contributor to Ukraine’s tax receipts of any Ukrainian company in 2024. The report by Ukrainian media outlet NV shows the company contributed 41 billion hryvnia, equivalent to around €878 million. This represents a significant increase since pre-war levels; DTEK’s tax contribution in 2021 was 31.9 billion hryvnia.

As outlined in the company’s Tax Statement, DTEK is committed to responsible tax management, ensuring compliance with all applicable tax laws in the countries where it operates. The company follows international best practices, applying transparent, ethical, and efficient tax strategies that align with business activities and legal requirements. We strive for transparency in our tax practices, fostering trust and accountability with both stakeholders and the public.

Read more about DTEK’s approach to tax.

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About DTEK

DTEK Group is the largest private investor in Ukraine’s energy sector, with 55,000 employees and over €12 billion of capital invested since 2005.

Our businesses generate electricity at wind, solar and thermal power plants; distribute and supply power to end consumers; extract natural gas and coal; trade energy resources on Ukrainian and foreign markets; and provide domestic and commercial energy services.

Over the last 20 years, DTEK has grown into a national energy leader and is today transforming into a pan-European clean energy business.

Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to more than 17 million consumers in regions affected by hostilities.

DTEK Group is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist.