SCM Group statement about developments in the non-government controlled areas in Donetsk and Luhansk oblasts (NGCA)

02.03.2017

SCM Group has always been working only within the laws of Ukraine, including our businesses in the NGCA. No pressure can make us change the jurisdiction of our assets.

We provide jobs to hundreds of thousands of people across the country, from the west to the east, including in the NGCA. We supply heating, electricity and gas to millions of Ukrainian households.

SCM is one of few links between the government controlled areas and non-government controlled areas of Ukraine.

Despite the challenging political situation in the country and the ongoing hostilities, all SCM Group companies pay taxes and duties in full to the Ukrainian budget.

Since the conflict in Donbas broke out, SCM Group has paid over UAH 100 billion in taxes to the national budget, of which 10% are attributable to the businesses in the NGCA.

We believe that private property is sovereign, and the demands of re-registration of our companies and payment of taxes to self-proclaimed DNR and LNR are unacceptable.