In January-March, Interpipe EBITDA fell by 63% YoY, to $15 million. Steel manufacture dropped by 16%, to 163 thousand tons, pipes – by 12%, to 97 thousand tons, and railroad products – by 43%, to 23 thousand tons. Sales decreased by 10%, to 140 thousand tons. At the same time, income grew by 19%, to…
Interpipe has provided aid valued at UAH 2.4 million to the Armed Forces in the Dniepropetrovsk region, where a lot of its mobilized employees serve. In particular, the company has provided spare parts for the repair of cargo machinery – tyres, accumulators and additional tools. That’s what the defenders usually ask for, as the machines…
The director of the Dnipro Territorial Defence Center Gennadiy Korban on his Facebook page reported, that the artillery of the Ukrainian Armed Forces would receive German unmanned aerial vehicles Vector Air Platform thanks to the support of Interpipe and the TAPS-Ukraine charitable foundation. “Summer is coming. Birds are flying. Now we will fly helping our…
Interpipe intends to resume exports to the USA market soon. “The Interpipe products directly support the US energy sector,” the company board chairman Fadi Khraibe has said. This comes after the US decision to suspend for 1 year the duty on Ukrainian metal products imposed in 2018. (Ukrainian metal)
Interpipe has provided equipment for 470 of its mobilized employees. Since the start of the Russian invasion, a corporate volunteer headquarters has been operating at Interpipe, the main task of which is to support the mobilized employees. 760 Interpipe employees defend Ukraine as part of the Army and the territorial defense. 580 of them were…
Interpipe will provide its employees in the Ukrainian Army with 21 thermal imagers and over 100 radio sets. The first 11 German imagers already help defenders in Kharkiv and Donetsk regions. “Each delivery was a special small operation with the help of volunteers and the army. A volunteer car got stuck in Kharkiv region not…
The Ukrainian Association of Secondary Metals is studying the global experience of processing military machines for scrap. According to Interpipe Vtormet chairman Valentin Makarenko, there was a shortage of scrap in Ukraine, but the material had been found. “We will process it. It’s a necessary product for us,” he said. He added, that only useless…
Interpipe has purchased sheet steel to produce 900 bulletproof vests. Three enterprises are involved – Nikopol Repair Plant, Interpipe NTZ and Smoly LLC. Moreover, the group has purchased torches and boots for the Interpipe employees in the Army and territorial defense. (Ukrainian metal)