"United Mining and Chemical Company" | News | PJSC UMCC among the Top 5 largest dividend payers

PJSC UMCC among the Top 5 largest dividend payers
PJSC UMCC among the Top 5 largest dividend payers

17.08.2017

PJSC United Mining and Chemical Company has been listed among the Top 5 largest companies to pay the highest among of dividends to the state in 2016, specifically UAH 321.8 mn, according to the Ministry of Economic Development and Trade.
The total amount of dividends paid by the companies that are fully or partially owned by the state during this period amounted to UAH 15.2 bn, the ministry informed.
Such industry giants as national joint-stock company Naftogas Ukrainy, PJSC UkrHydroEnergo and OJSC TurboAtom ranked ahead of PJSC UMCC, thus placing the company in the 4th position in the Top 5. PJSC DniproEnergo ranked fifth.
“It is extremely honorary for us to be among these five, as our payments are part of the national revenues that are spent on supporting social projects, paying salaries to doctors and medical workers, school and kindergarten teachers. We are an important cog in the machine that supports the national defence capacity, education and medicine of Ukraine, which are a very proud of,” comments PJSC UMCC Acting Chairman of the Board Oleksandr Hladushko.
Financing of social projects is a priority also for the United Mining and Chemical Company, as it provides for several social facilities, specifically two Palaces of culture, health and recreation center, a hotel and public catering place, which allows the company organize various competitions and contests for children and adults, festivals not only on local, but also on national scale. Therefore, we can observe active cultural life around the company, involving not only its workers, but also the residents of the region, where the subsidiaries of UMCC are located.
“We are deliberately keeping these centers of cultural live and supporting their operation in order to remain a socially responsible company that understands that cultural upbringing and satisfaction of aesthetic tastes of our employees have a positive impact on performance indicators, forms dedication to the company and allows us to bring up labor dynasties and retain rare specialists,” says Hladushko.
As a reminder, according to the data of the State Fiscal Service of Ukraine, last year, UMCC tripled its tax payments compared with 2015 to UAH 695 mn, which put it in the Top 100 Taxpayers of Ukraine, and, according to Biznes publication, in the Top 5 Taxpayers in the mining industry.