In the first half of 2025, the company “JTI Ukraine”, part of the international Japan Tobacco group, significantly strengthened its financial support for the Ukrainian economy. Over six months, the company paid 21.2 billion UAH in taxes to the state budget, which is 75% higher than the figure for the same period last year.
This is reported by Finway
Investments During the War and Long-Term Strategy
Since 1999, JTI has invested nearly 440 million USD in Ukrainian assets. Of this amount, about 38 million USD was invested during the full-scale war. In July of last year, the company announced plans for 2024–2026: to invest an additional 60 million USD in the development of the tobacco products segment for electric heating. An additional strategic goal is to reduce the company’s energy dependence by implementing energy-saving solutions.
Restoration of Exports and Market Expansion
Before the full-scale invasion, the factory in Kremenchuk (Poltava region) supplied products to 22 countries worldwide, including Mexico, Saudi Arabia, Brazil, and Japan. The then-export revenue amounted to 120 million USD. In 2023, export volumes decreased to 1.5 billion cigarettes, but the company is now actively working to restore its positions in international markets.
“In 2024, ‘JTI Ukraine’ produced over 3 billion cigarettes for export, approximately the same is planned for this year. The number of countries is also increasing: in 2023 there were four, in 2024 – eight, and in 2025 – already nine”.
Thus, “JTI Ukraine” is not only increasing production and geographically expanding exports but also remains one of the largest taxpayers in the country, investing significant funds in the development of the industry even under the challenging conditions of war.