Favbet Tech: “IT business taxes are turning into thousands of drones and stable payments.”

In the first nine months of 2025, Ukrainian IT company FAVBET Tech paid over UAH 650 million in taxes to the state budget, which is 10% more than in the same period last year. Despite the challenges posed by the war, the company is experiencing stable growth. The taxes paid significantly contribute to financing defense needs and social payments, including salary increases in higher education starting next year.

Source Minfin

The company notes that the funds paid are used to provide military capabilities, such as drones for reconnaissance and strike missions, as well as to support people in the rear. On average, UAH 650 million could provide increased salaries for more than 3,000 employees. FAVBET Tech actively invests in technology and improves its military projects, in particular the development of FPV drones and anti-drone systems.

FAVBET Tech is a resident of Diya.City and actively participates in industry initiatives, strengthening cooperation with military units. Since 2025, the company has been a co-founder of the AI Committee of the IT Ukraine Association, underscoring its commitment to supporting the country in wartime.