In 2024, Recycling Solutions paid UAH 28.3 million in taxes and fees to budgets of all levels and was accepted to the “White Business Club”

In 2024, taxes paid by Recycling Solutions to budgets of all levels amounted to UAH 28.3 million/ Of these, UAH 8.4 million were paid to the state budget, and UAH 19.9 million – to local ones. In wartime, the company continues operations, fulfills its obligations to the state, and contributes to strengthening the economy and stability of Ukraine, namely, to the state’s capability to provide the Armed Forces of Ukraine with all the resources required for the country’s defense.

Following the Q4 of 2023 and Q1–Q3 of 2024, the company was included in the top list of taxpayers with a high level of voluntary compliance with tax legislation. The related decision was made by the State Tax Service of Ukraine (STS) following the analysis of the company’s compliance with the requirements and provisions of the legislation (namely, tax payment, payroll accounting, etc.).

“In our business conduct, we always adhere to the principles of transparency and responsibility as we belive the said being the foundation of a fair partnership with the state and society. The fact that the company is on the list of taxpayers with a high level of voluntary compliance with tax legislation proves our true priority – to work openly even given difficult war conditions, – said Serhiy Melnychenko, General Director of Recycling Solutions. – In these dark times, when the country is fighting for its independence, we contribute to strengthening the economy and support the state via responsible tax payment and transparency”.

In 2024, the total amount of taxes paid increased by 50% compared to the previous year. This was due to the growing sales of our product and increased employee wages, despite the war challenges.