Ukrainian businessman Yaroslavsky's DCH Group nudges taxes down in H1 amid war losses
The DCH group of businessman Oleksandr Yaroslavsky paid UAH 1.25975 billion in taxes to budgets at all levels in January-June this year, UAH 11.32 million, or 0.9%, less than in the same period of 2025.
Business tycoon Oleksandr Yaroslavsky's DCH Group reported a decrease in taxes paid to Ukrainian budgets in the first half of 2026, amid war-related losses. The company's tax payments dropped by UAH 11.32 million, or 0.9%, compared to the same period in 2025. This decline was attributed to the impact of the ongoing conflict, damage to industrial facilities, and reduced production at certain enterprises.
Despite the tax reduction, the DCH Group's banking and insurance business showed growth. Credit Dnipro Bank's loan portfolio increased by 1.65%, while its asset share grew to 40.29% by July 1. Non-performing loans constituted 3.53% of the bank's portfolio, significantly lower than the 12.45% in the Ukrainian banking sector. INGO Insurance Company saw a 22.9% rise in gross insurance premiums, from UAH 2.387 million to UAH 2.934 million, with actual payments to clients increasing by 46.4% to UAH 2.51 billion.
ORANTA collected UAH 1.9 billion in insurance premiums, a 7.2% increase from the same period in 2025, and issued over 1.36 million insurance contracts. The Sukha Balka mine maintained stable production, developed its raw-material base, improved energy efficiency, and upgraded equipment. Seven new blocks for development and extraction were prepared, with combined ore reserves of 468,000 tonnes.
However, officials blocked a UAH 357.9 million VAT reimbursement, hindering the mine's operations and wage payments. In spring 2026, Dniprovsky Metallurgical Plant's production control system for hot-rolled products passed EU Construction Products Regulation inspection, with the certificate's validity extended for another year. Real estate and marketplace sectors also showed growth, with lease agreements covering over 2,000 square meters signed at the Karavan shopping and entertainment center in Dnipro.
The Kasta SuperApp expanded its assortment by more than 4 million SKUs and added 48% more sellers to its platform. Kasta's partnership with Credit Dnipro Bank won the Best Collaboration Fintech + Retail category in the Banking Awards 2026. DCH Investment Management oversees investments in various sectors, including ore mining, metallurgy, machine building, real estate, insurance, banking, and online marketplaces.
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