FAVBET Tech: IT business taxes turn into thousands of drones and stable payouts in the rear
24 October 2025 18:23
In the first nine months of 2025, Ukrainian IT company FAVBET Tech transferred more than UAH 650 million in taxes to the state budget, which is almost 10% more than in the same period of 2024. This is reported by "Komersant Ukrainian" with reference to the company’s press release.
Despite military risks, the company maintains positive dynamics and is consistently among the largest taxpayers among Diia.City residents.
FAVBET Tech emphasizes that timely payment of taxes by the IT business directly supports defense and social payments, from the purchase of drones to salaries for teachers and doctors.
The equivalent of UAH 650 million paid by FAVBET Tech is tens of thousands of units of equipment. Depending on the model, we can talk about more than 20 thousand FPV drones or more than 40 thousand anti-drone guns.
Taxes also provide stable payments to the home front. According to the government’s current plans, salaries in higher education institutions are expected to increase by about 50% starting January 1. If we take the approximate amounts, the equivalent of UAH 650 million will allow us to pay higher salaries to more than 3,000 teachers during the year.
When we talk about taxes paid, we are talking about specific capabilities of the state: drones for reconnaissance and strikes, means of countering enemy UAVs, training of units. And at the same time, we are talking about stable payments to people in the rear. “The duty of any IT business today is to work efficiently, invest in technology, and honestly fulfill obligations to the country,” said Artem Skrypnyk, CEO of FAVBET Tech.
According to the CEO, in addition to its core business, FAVBET Tech is also developing several military areas, from improving FPV drones and artificial intelligence-based systems to training units that counter enemy drones. The company emphasizes that the goal of these efforts is to provide the Ukrainian military with a technological advantage on the battlefield.
FAVBET Tech is a Ukrainian IT company headquartered in Kyiv, a resident of Diia.City, a participant in industry initiatives and a partner of key technology events, including Lviv IT Arena 2025.) Since 2025, the company has co-founded the AI Committee of the IT Ukraine Association and strengthened cooperation with the units of the Security and Defense Forces of Ukraine in the field of AI intelligence.
Read us on Telegram: important topics – without censorship
