Continental Farmers Group paid $24 million in taxes in 2019
01 April 2020
Continental Farmers Group (CFG), a Ukraine-based agroholding operating 195,000 hectares of farmland in the western part of the country, reports to have paid $24 million in taxes in 2019. Of this sum, $10 million went to the state budget. Local, rayon and regional budgets in the areas of CFG’s operations were paid $5.4 million, $3 million and $1.4 million, respectively.
Also, CFG allocated $1 million for corporate social responsibility (CSR) projects in 2019. Among the key areas of investment were rural infrastructure, healthcare, education, and sports.