Ukraine: Interpipe to raise wages

Despite 2 years of war, Interpipe will raise wages to its employees from March. On average, salary will grow by 20%. Last time Interpipe increased wages was last year. On March 1, 2023, wages grew by 15% on average. Interpipe employs around 10 thousand people. In 2023, the company paid 4.4 billion UAH to the…

Ukraine: Interpipe NTZ to diversify exports

In order to minimize risks of losing a part of market, Interpipe NTZ is diversifying its clients portfolio by entering additional foreign markets and improving manufacturing processes. Thus, over the part 10 years, the company has entered the markets of Kazakhstan, Turkmenistan, Uzbekistan, USA, UAE, Saudi Arabia, Brazil and India. A problematic issue for the…

Ukraine: Interpipe net profit up in H1 2023

In January-June, Interpipe received a net profit of $122.43 million, up from $19.53 million last year. Sales revenue grew by 12.3%, to $518.38 million. Operational profit amounted to $178.29 million, up by 167.8%. Pipe manufacture in Q2 remained unchanged compared with Q1 at 105 thousand tons, while railroad products output grew by 35%, to 27…

Ukraine: Interpipe 60-79% loaded

As of now, capacities of the enterprises, comprising Interpipe, are loaded at 60-70% compared with the pre-war period. The group intends to keep this level till the end of the year. “Loading differs by divisions. The situation in the pipe and railroad divisions differs. There are also differences by quarters. But on average our capacities…