The budget received an additional UAH 4.1 billion!!

Almost one third of the total amount (UAH 3 billion) was transferred by the enterprise during August.

Compared to 2024, contributions to the state budget increased more than twofold (+123%) to UAH 7.3 billion.

The main factor of growth – record dividends (part of net profit) in the amount of UAH 2.9 billion (for 8 months of 2024, dividends amounted to UAH 123 million).

Payment of income tax increased by 67% to UAH 1.1 billion. VAT increased by 33% to UAH 2.7 billion.

More than UAH 1.53 billion was transferred to local budgets.

In total, the enterprise remitted 44% of its revenues from the sale of unprocessed timber to the budget.

The record financial and economic indicators of SFE “Forests of Ukraine” are the result of the forestry reform, which this week marks 3 years.

Thanks to the centralization of management and new control instruments, schemes for supplying illegal timber to the market were gradually blocked, unprofitable forestry processing was closed, and today the entire volume of harvested products (with the exception of firewood for the population and the social sector) is sold by SFE “Forests of Ukraine” at market price through transparent competitive exchange auctions.

Thus, the state forestry sector has gained resources for full-scale reforestation, forest protection and conservation. The state, in turn, has received multibillion contributions to the budget!