Kyivstar paid UAH 21.6 billion in taxes during two years of war

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In 2023, Kyivstar paid UAH 10.8 billion (USD 277 mln) in taxes and fees to the state budget of Ukraine. During the full-scale Russian invasion of Ukraine, the amount of taxes and fees paid by the telecom operator exceeded UAH 21.6 billion (USD 554 mln).

In addition, Kyivstar spent over UAH 1.8 billion (USD 46 mln) on socially important projects, including support for the Armed Forces of Ukraine, purchase of medical equipment for the Nizlumni burn center, provision of Internet connection to shelters, organization of IT training for children who lost their parents during the war, and others. The company also supports subscribers in the frontline and de-occupied settlements by providing bonuses and services at no extra cost.

The company’s subscribers, employees and concerned citizens are actively involved in the telecom operator’s charity initiatives. Thus, thanks to their efforts, more than UAH 180 million was raised to buy equipment for 146 engineering and demining teams involved in demining the territory of Ukraine. Kyivstar’s personal contribution to the project amounted to UAH 62 million.

Kyivstar’s team includes volunteers who support military brigades and fulfill requests of the military in terms of communications, Big Data services, humanitarian aid, etc. During the war, the company’s employees received more than 30 certificates of honor and awards from the Armed Forces of Ukraine, the Defence Intelligence of Ukraine, and the Security Service of Ukraine for their participation in the defense of Ukraine’s sovereignty and independence during martial law.

“Our company is a conscientious taxpayer and an example of honest, transparent business,” commented Kyivstar CEO Oleksandr Komarov, “Despite the challenges of war and economic difficulties, we will continue to provide Ukraine with significant financial, technological and humanitarian support to bring victory closer.

Kyivstar has announced plans to provide at least UAH 100 million in targeted assistance to the Armed Forces of Ukraine in 2024. The company also plans to further develop modern communication technologies in Ukraine and assist the state in rebuilding infrastructure. To this end, the telecom operator will invest USD 600 million over the next three years.

Kyivstar is an important infrastructure company that provides critical telecommunications services in Ukraine. For more than 25 years of operation, Kyivstar has built 40 thousand mobile base stations, more than 14 thousand technology sites, and 40 thousand kilometers of fiber-optic lines. Over the past two years, Kyivstar’s investments in the development of digital services and rebuilding of telecom networks exceeded UAH 12 billion (USD 308 mln).

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