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Naftogazvydobuvannya ranked in the top three Ukrainian taxpayers in the extractive industry

11 August 2017, Ukraine
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Naftogazvydobuvannya ranked in the top three Ukrainian taxpayers in the extractive industry
Naftogazvydobuvannya ranked in the top three Ukrainian taxpayers in the extractive industry
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According to the data collected by the State Fiscal Service, Naftogazvydobuvannya paid UAH 2,298 million in taxes to the state treasury.

“Companies operating in the oil and gas sector generate one third of taxes contributed to the state treasury, demonstrating considerable growth by almost UAH 16 bln from UAH 41.7 bln to 57.6 bln as compared to the previous year’s results. A critical part in this process is played by the gas extraction industry that enjoys a significant potential for extraction and is constantly striving to increase its contribution to the economic and energy stability of Ukraine. At the same time, the complete support from the state and local authorities combined with the efforts of gas extracting companies is an absolute prerequisite for the further development of the industry,” commented Igor Shchurov, CEO of DTEK Oil&Gas.

 

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 millions of consumers across 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.