State Fiscal Service of Ukraine included Burisma Group in the list of 20 largest taxpayers of Ukraine

July 14, 2016

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Energy Service Company “ESCO-PIVNICH”, subsidiary of the international group Burisma, was included in the list of top 20 taxpayers for the amount of taxes paid to the consolidated budget of Ukraine as of 01/04/2016, according to the data published in the first official publication of the State Fiscal Service of Ukraine “Visnyk. Reytynh”  [Journal. Rating]. Thus, the amount of taxes paid by “ESCO-PIVNICH” in the first quarter of 2016 compared to the first quarter of 2015 increased by 1157%. While the amount of tax payments made in 2015 compared to 2014 increased by 233%.

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“Having an open dialogue with society and the State is a key to success of each company. It is essential to set up feedback mechanisms and to exchange authentic and up-to-date information in time, in order to establish trustful relationship between the State, businesses and society. Now Ukraine needs a substantial professional periodical which will be published with the support of the State Fiscal Service of Ukraine and serve as a platform to report on performance and ratings data of businesses of various economy sectors. “Visnyk. Reytynh” aims to assist in formation of a new type of relationship between the State and taxpayers,” admitted the head of the State Fiscal Service of Ukraine, Roman Nasirov.

According to the Head of the State Fiscal Service of Ukraine, the journal will help investors find profitable objects for investment by covering the performance results of the most efficient domestic businesses along with the state of the market, in which they work.”Visnyk. Reytynh” aims to increase the reformative trends in the Ukrainian economy, and in the Fiscal system, in particular. The long-awaited official information will become open and transparent, and the relations between the State and taxpayers will become partnership,” noted Mr. Nasirov.

Vadym Pozharskyi, Advisor to the Board of Directors at Burisma, believes that results of the national rating became the high external assessment of the Burisma Group performance by the State Fiscal Service.

“Over the past year Burisma have become the most recognizable Ukrainian gas-producer and the most outstanding high technology Ukrainian gas brand on the global market. But the most important achievement is being a socially responsible company in all markets, where Burisma’s experts operate. First of all, in Ukraine. Over the past two years Burisma Group companies paid UAH 4.1 bln. of tax liabilities to the budgets of all levels. Burisma is one of the leading taxpayers, not only in terms of the amount of taxes paid, but also in terms of their growth,” commented on the results of the national rating of the State Fiscal Service of Ukraine Vadym Pozharskyi, Advisor to the Board of Directors at Burisma Group.

For more detailed information please contact our press-center: media@burisma.com

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