Home / Press Releases / Severstal for five months of 2021 increased the amount of tax payments to the budget of the Vologda region

Severstal for five months of 2021 increased the amount of tax payments to the budget of the Vologda region

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PJSC Severstal, one of the world's largest vertically integrated steel and mining companies, transferred 11.9 billion rubles to the budget of the Vologda Oblast in taxes for five months of 2021. For comparison: for the whole of 2020, this amount amounted to 13.5 billion rubles.

Severstal ensures stable transfers of taxes to the budgets of all levels and extra-budgetary funds. Taxes and non-tax payments to the consolidated budget of the Vologda region for the 1st quarter of 2021 amounted to 5.5 billion rubles, which is more than in the same period of 2020, when taxes and non-tax payments to the budget of the Vologda region amounted to 2.6 billion rubles. According to the results of the first half of 2021, this amount will amount to 15.94 billion rubles, ”commented Evgeny Vinogradov, General Director of the Severstal Russian Steel Division and resource assets.

volumes of production and shipment of finished products. According to the Governor of the Vologda Oblast Oleg Kuvshinnikov, additional funds attracted to the region will be directed to the development of the infrastructure of the Vologda Oblast in general and Cherepovets in particular.

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