OREANDA-NEWS. August 2, 2011. In H1 2011 Avlita Stevedoring Company paid a record UAH 74.4m to budgets of all levels, which exceeds the total tax payments made in 2010 by 49%.

In the light of changes to tax legislation, Avlita Stevedoring Company paid UAH 58.6m in taxes to the national budget in January-June 2011.   

In particular, UAH 6.4m went to the local budget covering social and economic development of Sevastopol. This is 12% more than in H1 2010.

Payments to social insurance funds rose by UAH 1.1m or 13% to make UAH 9.4m. Insurance contributions to the Pension Fund grew by 24% from UAH 7.4m to UAH 9.2m.  

"In 2010 our company was listed among the largest taxpayers of Sevastopol. Despite the reduced volume of grain transhipment connected with export ban in 2010 and 2011, we remain among leading taxpayers. This has been possible thanks to a number of managerial decisions which helped to ramp up metal transhipment, reduce energy costs, streamline the company's structure and raise salaries of our employees," noted acting CEO of Avlita Stevedoring Company Sergey Posokhov.