Smart Holding Contributes Over 915 Million UAH in Taxes to Ukraine’s Budget for the First Three Quarters of 2024

05.11.2024

Businesses within the Smart Holding Group have paid 915.781 million UAH in taxes over the first nine months of 2024 to support Ukraine’s economic resilience during wartime. Since the start of the full-scale conflict, the Group and its businesses have collectively directed nearly 7 billion UAH to budgets at various levels. Additionally, more than 2.8 billion UAH has been allocated for humanitarian support to Ukrainian citizens and aid for the Armed Forces.

Smart Holding is one of Ukraine’s largest private investors. Among the Group’s top three tax-paying businesses are: Smart Energy (700 million UAH), which operates in gas production; Veres, an agricultural company (124 million UAH); and Smart Maritime Group, which specialises in shipbuilding and ship repair (6 million UAH).

The Group is also focused on establishing a strong macro- and microeconomic foundation to aid Ukraine’s economic recovery. Smart Holding actively seeks international investment to support reconstruction and development in critically important sectors. A key priority is to foster a more favourable investment climate for both domestic and foreign investors.

“We recognise our responsibility to the nation and remain committed to bolstering its resilience in these challenging times. We do so through tax contributions, job creation, and establishing partnerships for reconstruction. Smart Holding businesses continue to operate in Ukraine and support Ukrainians wherever possible, despite the challenges brought on by the war and, at times, irrational decisions by certain authorities. Since the start of the full-scale invasion, we have already channelled nearly 3 billion UAH towards supporting Ukraine. We are ready and determined to do even more for Ukraine,” stated Ivan Gerasymovych, CEO of Smart Holding.