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

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

DTEK11 August 2017

Naftogazvydobuvannya, an extraction asset of DTEK Oil&Gas, was ranked third by the amount of payments made to the state treasury among companies operating in the extractive industry, and was rated fifth among the companies of the oil and gas sector, based on the performance for six months of 2017. The company continues to preserve the 13th position in the general rating of the largest Ukrainian taxpayers.

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

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.

 

Reference

DТЕК is the largest private investor in Ukraine’s energy sector.
DTEK Group produces coal and natural gas, generates electricity at the termal, solar and wind power plants, distributes electricity, supplies electricity to end consumers, provides energy efficient solutions and develops a network of EV charging stations.
In 2018, DTEK’s capital investments totalled UAH 20 bln. besides, the company paid UAH 27 bln of taxes. DTEK employs 80 thousand people. The company is 100% owned by SCM Limited. Ultimate beneficial owner – Rinat Akhmetov.

Corporate Communications Department
DTEK
Tel.: +38 (044) 581 45 35
+38 (044) 581 45 70
E-mail: pr@dtek.com
www.dtek.com