{"id":28360,"date":"2025-10-24T15:19:34","date_gmt":"2025-10-24T13:19:34","guid":{"rendered":"https:\/\/scroll.media\/2025\/10\/24\/favbet-tech-paid-%e2%82%b4650-million-in-taxes-in-2025\/"},"modified":"2025-10-30T11:38:32","modified_gmt":"2025-10-30T09:38:32","slug":"favbet-tech-paid-%e2%82%b4650-million-in-taxes-in-2025","status":"publish","type":"post","link":"https:\/\/scroll.media\/en\/2025\/10\/24\/favbet-tech-paid-%e2%82%b4650-million-in-taxes-in-2025\/","title":{"rendered":"FAVBET Tech Pays \u20b4650M in Taxes \u2014 Equal to 20,000 Drones for Ukraine"},"content":{"rendered":"\n

Ukrainian IT company FAVBET Tech has paid more than \u20b4650 million ($16.2 million) in taxes over the first nine months of 2025 \u2014 nearly 10% more than during the same period last year.\r\n<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Despite ongoing wartime challenges, the company continues to show steady growth and remains one of the top taxpayers among Diia.City residents.<\/p>\n\n\n\n

According to the company, timely tax contributions from IT businesses directly support both Ukraine\u2019s defense and its social infrastructure \u2014 funding everything from drones to teachers\u2019 and doctors\u2019 salaries.<\/p>\n\n\n\n

The \u20b4650 million paid by FAVBET Tech, the company notes, is equivalent to more than 20,000 FPV drones or roughly 40,000 anti-drone rifles, depending on the model and procurement costs.\r\n<\/p>\n\n\n\n

Taxes also help sustain stability on the home front. Starting in January 2025, Ukraine\u2019s government plans to increase salaries in higher education by around 50%. Based on these figures, the sum contributed by FAVBET Tech could cover a year of increased pay for over 3,000 teachers.<\/p>\n\n\n\n

\n

\u00ab<\/span>When we talk about taxes, we\u2019re talking about tangible capabilities for the state \u2014 drones for reconnaissance and strikes, systems to counter enemy UAVs, and the training of defense units. At the same time, it\u2019s about stable income for people in the rear. The duty of every IT business today is to work efficiently, invest in technology, and meet its obligations to the country,<\/span><\/i>\u00bb said Artem Skrypnyk, CEO of FAVBET Tech.<\/span><\/p>\n<\/blockquote>\n\n\n\n

Beyond its core business, FAVBET Tech is also investing in military technology R&D \u2014 improving FPV drones, developing AI-based reconnaissance systems, and training units that counter enemy UAVs. The company says the goal is to give Ukrainian forces a technological edge on the battlefield.<\/p>\n\n\n\n

Headquartered in Kyiv, FAVBET Tech<\/a> is a resident of Diia.City and a partner of major tech events including Lviv IT Arena 2025. In 2025, the company became a co-founder of the AI Committee at the IT Ukraine Association and expanded its cooperation with Ukraine\u2019s Security and Defense Forces in the field of AI-driven reconnaissance.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ukrainian IT company FAVBET Tech has paid more than \u20b4650 million ($16.2 million) in taxes over the first nine months of 2025 \u2014 nearly 10% more than during the same period last year. Despite ongoing wartime challenges, the company continues to show steady growth and remains one of the top taxpayers among Diia.City residents. According \u2026 Read more<\/a><\/p>\n","protected":false},"author":18,"featured_media":28305,"comment_status":"open","ping_status":"open","sticky":false,"template":"template-custom-post-without-sidebar.php","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[416],"tags":[457],"class_list":["post-28360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-partner-news"],"acf":[],"yoast_head":"\nFAVBET Tech Pays \u20b4650M in Taxes \u2014 Equal to 20,000 Drones for Ukraine | Scroll.media<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scroll.media\/en\/2025\/10\/24\/favbet-tech-paid-%e2%82%b4650-million-in-taxes-in-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FAVBET Tech Pays \u20b4650M in Taxes \u2014 Equal to 20,000 Drones for Ukraine | Scroll.media\" \/>\n<meta property=\"og:description\" content=\"Ukrainian IT company FAVBET Tech has paid more than \u20b4650 million ($16.2 million) in taxes over the first nine months of 2025 \u2014 nearly 10% more than during the same period last year. 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