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PPC joined the top 100 largest taxpayers in 2018

Kyiv, February 1, 2019 – Poltava Petroleum Company joined the TOP-100 largest taxpayers in 2018. The rating was published by the Office of Large Taxpayers of the State Fiscal Service of Ukraine (hereinafter – the Office). According to the Office, in 2018 the PPC transferred to the state budget 1 027.7 mln UAH of taxes.

It is also reported that 22 of top-100 are extractive companies. Together, all companies in the top-100 list paid UAH 291.7 billion in consolidated budget. This is 14% more than in 2017 – UAH 258.3 billion.

“The fact that a large number of companies in the extractive sector joined the list of the largest taxpayers may indicate a positive effect of the changes in the industry. More favorable business conditions allow companies to increase production, which means increase of energy independence and paid taxes to the budget,” – said CEO of PPC, Victor Gladun.

More information about the rating can be found in Ukrainian at the link: