Interpipe has announced the launch of a new project “Business-partnership with Interpipe” for the suppliers of materials, equipment and services. The participants who will have the best ideas on the modernization and optimization of processes at Interpipe’s enterprises will be able to conclude a contract and carry out their project. Interpipe is cooperating with over…
Interpipe has supplied a batch of UPJ-F premium pipes to Uzbekistan. The customer was Uzbekneftegaz. This was the first time that the company sold 500 tons of casing pipes to a customer in the CIS-states. In half a year, Interpipe shipped almost 2 thousand tons of various pipes to Uzbekneftegaz. (Ukrainian metal)
In 2020, Interpipe decreased its revenue by 25% YoY, to $841 million. Concorde Capital expects the EBITDA has decreased by 1%, to $257 million, due to the drop in the pipe segment by 85%, to $5 million, and in railroad products by 10%, to $171 million. The fall will be compensated for by a growth…
During the COVID-19 year, Interpipe has spent 73.5 million UAH to protect its employees. The company helps buy equipment for Dnepr, Nikopol and Novomoskovsk hospitals. Interpipe has also bought 200 thousand facemasks and respirators for its employees, as well as 7.3 thousand liters of antiseptics and conducted over 16 thousand PCR-tests. (Ukrainian metal)
Interpipe has concluded a long-term contract with INVEHO UFO, France for the delivery of railroad carriage wheel pairs. The company has to produce 1530 ULT-25 wheel pairs until September 2022. The pairs will be used to build new cargo carriages. The ULT-25 wheel pairs have been designed by Interpipe specifically for the European railroad. (Ukrainian…
Interpipe NTZ has joined the program to develop environment safety and introduce sustainable development in the city of Dnipro in 2021-2025. The program was adopted by the city council in late January. In 7 years, Interpipe NTZ has spent some 84 million UAH on ecological projects. They key ones were the decrease of CO2 emission…
Denis Morozov has been appointed the first deputy general manager of Interpipe. He will be responsible for the operational issues. Sergey Kuzmenko has become a new Interpipe CFO. (Ukrainian metal)
In 2020, Interpipe transferred 2.54 billion UAH to the budgets of all levels, down by 22% YoY, mostly due to the drop in output. Payments to the state budget decreased by 28%, to 1.56 billion UAH, and to local – by 9%, to 566 million UAH. Each ton of metal produced at Interpipe last year…