FAVBET Tech pays over UAH 650 million in taxes for the first nine months of 2025


Ukrainian IT company FAVBET Tech has contributed more than UAH 650 million to the state budget in the first nine months of 2025 — almost 10% higher than in the same period last year.

Despite the challenges of wartime, FAVBET Tech continues to demonstrate consistently high tax payments, reinforcing the nation’s economic resilience. The company’s contribution to the development of Ukraine’s IT sector is evident not only through financial indicators but also through recognition within the industry.

This year, FAVBET Tech was included in DOU’s “Top 50 IT Companies in Ukraine” ranking and, as in previous years, served as a partner of major industry events, including Lviv IT Arena 2025.

Alongside its operational activity, in 2025 the company continues to expand its R&D investments in military-oriented projects in cooperation with Ukraine’s security and defense forces from developing software and hardware systems for FPV drones to AI-based reconnaissance systems and training service members to counter enemy drones using advanced technologies.

"Our work goes far beyond what the company’s name might suggest. Today, FAVBET Tech brings together several technological directions, invests heavily in the development of the IT industry, and supports projects that save soldiers’ lives and give them an advantage on the battlefield", — said FAVBET Tech CEO Artem Skrypnyk.

According to Artem Skrypnyk, FAVBET Tech’s long-term mission remains sustainable development, support for an innovative economy, and strengthening Ukraine’s technological edge in the defense sector.