Zaporozhye Titanium and Magnesium Works has increased wages to its employees by 20% from May 1.
According to the company statement, the increase was due to the effective operation of the enterprise.
The increase in wages will result in the growth of taxes at the level of over 30 million UAH per year.
Payments to the budgets of all levels will grow by 1.2 million UAH per month, while to the Pension and other funds – by 1.4 million UAH. (Ukrainian metal)