Employees of the Security Service of Ukraine (SBU) came to ArcelorMittal Kryvyi Rih on Monday to check the mining and processing plant, reported to the company's press service.
“The visit of law enforcement officers is planned to the mining department of the enterprise in connection with the alleged tax evasion and understatement of rent payments in 2015-2019. Today, representatives of the SBU plan to continue investigative actions and inspect the territory of the company's quarries with the selection of samples of raw materials. The company categorically denies the unfounded accusations, considering the case unlawful, and the regulators' approach to business is obviously selective, ”the statement says.
Earlier, the SBU has already inspected facilities of steelmaking, sintering, coke-chemical production, got acquainted with the documentation of the enterprise.
“After an unprecedented 2020, having ensured the payment of taxes and fees in full, stable work and the retention of their own personnel, large Ukrainian business risks entering a new zone of“ turbulence ”created by state authorities. We see this as confirmation that the promised improvement in the investment climate never materialized. ArcelorMittal Kryvyi Rih continues to follow the development of events and is ready to inform the media about the pressure on the largest foreign investor, which is not weakening and is increasing every year, ”the press service said.
