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“Monomakh” paid over UAH 470 million in taxes in 2024–2025

30.07.2025

“Monomakh” paid over UAH 470 million in taxes in 2024–2025

In 2024, the company “Monomakh” transferred nearly UAH 300 million in taxes to Ukraine’s state and local budgets. In the first half of 2025, the enterprise has already paid UAH 171 million.

Co-owner of the company, Taras Barabash, notes:

“Today, it’s important not only to keep the business afloat but also to support the state. For us, this means working steadily and paying taxes honestly. We continue to grow even during difficult times — and with that, our tax contributions grow too. This is money that goes to healthcare, education, infrastructure. ‘Monomakh’ is one of the major taxpayers in the region, and we take our contribution to the well-being of the local community and the entire country seriously.”

As a patriotic Ukrainian business, since 2014, “Monomakh” has been supporting the Armed Forces of Ukraine (transport, drones, equipment), and since 2022, it has been implementing the volunteer project Tea for Heroes, through which over 56 million tea servings have been delivered to Ukrainian soldiers.

In this project, the company actively cooperates with volunteers, charitable foundations, and military units, remaining open to further collaboration and assistance.

According to Taras Barabash, the company will continue this program until Ukraine’s Victory.

“We are able to work thanks to our defenders, and they are our first line of support,” emphasizes Barabash.

About the company

PJSC “Monomakh” is a 100% Ukrainian company with over 30 years of history, employing more than 500 staff. It is the first certified tea production facility in Ukraine, modernized according to EU standards and holding the international FSSC 22000 certification.

Brands: LOVARE, MONOMAX, “Tea Masterpieces”, “Three Elephants”, FERARRA, “Coffee Masterpieces”.

Products are exported to over 20 countries worldwide — including Poland, Germany, Italy, France, the UK, the USA, and Canada.

The company systematically supports communities, hospitals, schools, and orphanages. In July 2024, it donated UAH 1 million to rebuild the “Ohmatdyt” children’s hospital. Since 2014, it has been assisting the Armed Forces of Ukraine, and since 2022 has implemented the volunteer project “Tea for Heroes”, delivering over 56 million tea servings to soldiers.