“AutoKrAZ’, the largest industrial revenue generating company in Kremenchug and Poltava region, contributor to budget, the only complete cycle manufacturer of heavy-duty trucks, in 2016 paid almost UAH 143m to different budgets. Kremenchug Automobile Plant paid almost UAH 100m to national budget, with unified social tax of over UAH 31m and VAT of over UAH of 65m.

 “KrAZ” is still one of the largest contributors to budget of Kremenchug. Last year the company paid UAH 43m to local budget, up 29 percent from 2015. The biggest amounts paid were as follows: UAH 24m – income tax, almost UAH 18m – land rent and UAH 2,5m – military fee.  Significant increase in payments to budget resulted from considerable increase in land rent and income tax.  

Despite decline in economy that affected KrAZ business and machine-building industry of Ukraine in whole the company could fulfill its obligations towards the government. Moreover, the company fulfilled completely its social obligations in 2016. Average salary of staff has been increased every quarter amounting to UAH 4630.  

Except various payments the automobile plant started at its own expense renovation of important social facility, listed building, Palace of Culture “KrAZ”. The company spent over UAH 1m to renovate the building, works will continue this year.

This year “AutoKrAZ” plans to continue finding ways to improve employment benefits for its staff, improve their working conditions and renovate social facilities.