FAVBET Tech paid over UAH 650 million in taxes for 9 months of 2025
17 October 19:00
Ukrainian IT company FAVBET Tech transferred over UAH 650 million to the state budget in the first nine months of 2025. This amount is almost 10% higher than the same indicator of the previous year.
Despite the challenges of wartime, FAVBET Tech demonstrates a consistently high level of tax revenues to the state budget, supporting the economic stability of the country. The company’s contribution to the development of the Ukrainian IT sector is confirmed not only by financial performance but also by industry recognition.
This year, the company was included in the Top 50 IT Companies of Ukraine rating by DOU and has traditionally been a partner of key industry events, including Lviv IT Arena 2025.
In parallel with its operational activities in 2025, FAVBET Tech continues to increase its investments in military R&D projects in cooperation with the security and defense forces of Ukraine – from the development of FPV drone hardware and software systems to AI-based intelligence systems and training of military personnel to counter enemy drones with modern means.
Our activities are much broader than the company name might suggest. Today, FAVBET Tech combines several technological areas, actively invests in the development of the IT industry, and supports projects that save the lives of the military and give them advantages on the battlefield,” says Artem Skrypnyk, CEO of Favbet Tech.
According to Artem Skrypnyk, the long-term goal of FAVBET Tech remains sustainable development, support of the innovative economy, and expansion of Ukraine’s technological advantages in the security sector.
