Also, Favbet Foundation and partner companies of Favbet donated more than UAH 35 million for direct material support of the Armed Forces of Ukraine.
In 2022, the Favbet group of companies paid UAH 140 million to the state budget of Ukraine for licenses to regulate gambling, RBC-Ukraine reports.
“Favbet group of companies paid UAH 140 million to the country’s budget in 2022 as royalties only. This is only payment for licenses to organize gambling, not counting other taxes and contributions of Ukrainian business in state and local budgets,” the agency writes.
According to the publication, the Favbet Foundation and Favbet’s partner companies also sent more than UAH 35 million to direct financial support to the Armed Forces of Ukraine.
“Until February 24, we have completely different humanitarian areas – the creation of electronic libraries, orphanages, help to the Pill Foundation. For several years we have helped the Come Back Alive charity foundation, and through this – the Armed Forces of Ukraine. After the invasion began, we, like many other companies, “We reached humanitarian aid.” We created our own hub and logistics route for deliveries from Lviv. We made the shelter office for employees. We helped the refugees in Croatia. We equipped them to go to the front. We helped the defense of the capital territory and the regional police. And then somehow everything went on its own and On 60 front vehicles: Balakleya, Izyum, Kupyansk, Liman, Kherson, Bakhmut, hundreds of different quadcopters, dozens of thermal imagers, night vision devices and sig ht, rangefinder and all the necessary “household equipment” of the army: “potbelly stoves”, gloves, tactical glasses “The military knows what they need. But they cannot always get what they need from a centralized bureaucratic supply mechanism. Our business is to know where to take and how to deliver. In the shortest possible time. It is a heavy task. The nature of the business is the ability to quickly respond to market demands,” Andrey Matyukha, president of the Favbet Foundation and founder of Favbet, was quoted as saying.
The Favbet Foundation is a charitable foundation established in 2020 by Favbet. The Fund supports initiatives in the fields of education, health and sports development, however, currently, 95% of projects are aimed at helping the Armed Forces of Ukraine and the population of Ukraine.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.