January 31, 2025
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Large investors will not come to Ukraine if there is no predicted tariff policy – Metinvest

The budget of Ukraine is filled not by FOPs, but by large business, and now it needs support from the state, according to compounds.”, – WRITE: www.unian.ua

The budget of Ukraine is filled not by FOPs, but by large business, and now it needs support from the state, according to compounds.

Large investors will not come to Ukraine if there is no predicted tariff policy - MetinvestIf there is no projected tax and tariff policy in Ukraine, large foreign players will not invest in domestic enterprises. This opinion was expressed by the Head of the Office of the General Director of the Metinvest Group Alexander Aquarius at the Conference “Strategic Resources of Ukraine: Scenarios for the Development of Subsoil Management”, which took place in Kiev.

The head of the CEO Metinvest Office noted that business in the field of mining and processing of minerals is quite capital -intensive, so potential investors should immediately invest significant funds in the development of the enterprise. Only large international players have access to such resources, and the stability and prediction of public policy is important for them.

“Ukraine is rich in minerals, but this business requires billions of dollars of investments. Will the average or small business come to this area? No, it should be large corporations. For example, to develop a mine similar to Pokrovskay Due to the fighting – ed.

He also noted that the extractive industry has a very long payback period: according to Ernst & Young, the investor’s way from obtaining a license and the issuance of permits to the launch of enrichment production takes an average of 18 years.

“The best criterion for whether we all have all in the country from the point of view of the mining industry is how many new mines and enrichment factories have been opened in Ukraine for the last 20 years. Yes, we have separate projects at the rationale stage. And ready -made. This is the answer, ” – said Alexander Aquari.

According to him, now the Ukrainian business is investing independently in the development and maintenance of enterprises. “Investments in the mining industry are mostly our investments. Ukrainian business is exported. We sell abroad and invest here. We invest 1 billion dollars every year. Or many businesses that can invest only in maintaining current activities ? “, – said Alexander Waterizer.

He stressed that the share of small and medium -sized businesses in Ukraine’s GDP is only 20%. “The rest is the industry. And we live with you because it creates industry, not small and medium -sized businesses,” he added.

Given that working in the conditions of war adds difficulties of business, the government should take this into account, in particular in the process of integration of European legislation, the waterizer is convinced – because now Ukrainian government officials say that they can not affect the position of Europeans despite the difficult situation in which Ukraine found themselves.

“We have repeatedly noted that Brussels’s position is very rigid. The EU puts clear demands to Ukraine: either you are accepting European legislation or not, and there is no room for negotiations. But we have war! Europe has not been allocated to Europe.

It is known that from the beginning of a full -scale invasion, Metinvest has been assisting Ukraine and its citizens already UAH 8 billion. Of these, UAH 4.4 billion is the funds for the needs of the army, within the framework of the Militar Initiative “Rinat Akhmetov’s steel front”. Also, since the beginning of the war, the company has transferred more than UAH 50 billion in taxes and fees to budgets of all levels in Ukraine.

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