Ukrainian IT company FAVBET Tech transferred over UAH 650 million to the state budget in the first nine months of 2025. This amount is almost 10% higher than the same period last year.
Ukrainian IT company FAVBET Tech transferred over UAH 650 million to the state budget in the first nine months of 2025. This amount is almost 10% higher than the same period last year.
Despite the challenges of wartime, FAVBET Tech demonstrates a consistently high level of tax revenues to the state budget, supporting the economic stability of the state. The company’s contribution to the development of the Ukrainian IT sector is confirmed not only by financial indicators, but also by recognition in the industry.
This year, the company entered the «Top 50 IT companies of Ukraine» rating according to DOU and has traditionally been a partner of key industry events, including Lviv IT Arena 2025.
In parallel with operational activities in 2025, FAVBET Tech continues to increase investments in military-oriented R&D projects in cooperation with the security and defense forces of Ukraine — from the development of hardware and software complexes for FPV drones to AI-based reconnaissance systems and training military personnel to counter enemy drones using modern means.
«Our activities are much broader than the company name might suggest. Today, FAVBET Tech combines several technological areas, actively invests in the development of the IT industry, and supports projects that save the lives of military personnel and give them advantages on the battlefield,» says Favbet Tech CEO Artem Skrypnyk.
According to Artem Skrypnyk, the long-term goal of FAVBET Tech remains sustainable development, supporting an innovative economy, and expanding Ukraine’s technological advantages in the security sector.
