OKKO has paid more than UAH 15 billion of taxes for 9 months this year

In January-September 2024, OKKO group of companies paid UAH 15.308 billion in taxes and fees. This sum exceeds last year payment for almost UAH 5 billion, or 48% .

Out of this amount, UAH 3.477 billion represents taxes generated from operating activities. These include income tax, VAT (excluding VAT paid at customs for imports), retail excise tax, personal income tax, military duty, land payments, and mandatory contributions to state pension insurance. An additional UAH 11.831 billion consists of taxes on imports, determined by whether the group’s companies import fuel directly or acquire pre-cleared petroleum products from the domestic market.

“Today, each of our filling stations pays almost UAH 1 million to the budget every month, and each of our employees pays UAH 11.5 thousand in taxes per month. And these indicators are growing from year to year, from quarter to quarter,” - COMMENTED OKKO VICE PRESIDENT FOR FINANCE NAZAR KUPYBIDA,  - ” This consistent increase in tax payments demonstrates, on the one hand, the company’s stable and efficient operations, and on the other, its commitment to honesty and transparency by fully complying with fiscal legislation and officially paying market-competitive salaries to its employees. It can’t be otherwise, because every hryvnia we pay to the budget helps Ukraine to survive in this difficult time.”

As of the first nine months of 2024, the company’s average operating tax payment per 1 liter of fuel sold increased to UAH 3.35, compared to UAH 2.51 during the same period in 2023. Additionally, the average monthly tax payment per OKKO filling station rose to UAH 968.22 thousand between January and September 2024, up from UAH 795.46 thousand during the same period the previous year.

Since the beginning of the full-scale invasion, OKKO Group has paid a total of more than UAH 38 billion in taxes and fees to the budget. The business not only pays taxes, but also allocates additional resources to support the country. In particular, since the beginning of the full-scale invasion, OKKO Group has transferred UAH 2.2 billion on weapons and equipment for the Armed Forces of Ukraine and for the reconstruction of Ukraine.