Ukraine: Interpipe losing qualified personnel

Interpipe is noting the outflow of qualified personnel. According to the group CFO Denis Morozov, following the Interpipe TechFest in October the situation with technical personnel did not change. “There is an outflow, especially of the key qualified personnel. We are losing these jobs. There are fewer problems with less qualified personnel. But it is…

Ukraine: Interpipe losses down in H1 2019

In January-June Interpipe received $125.44 million of EBITDA, up by 37.4% YoY. The pipe segment grew 2.8-fold, to $44.51 million, and railroad wheels – by 62.2%, to $60.23 million. At the same time in steel manufacture EBITDA fell by 49.1%, to $20.01 million. Revenue in H1 totaled $557.17 million, up by 2.7%. In particular, railroad…