Valentin Makarenko has been appointed the director of the scrap-procuring company Interpipe Vtormet. According to the company press release, his first day in the office was April 28. “Makarenko has been working for Interpipe for 2 years. Previously he has been the commercial director at Interpipe Vtormet”, the report said. His main tasks in the…
Ukrzaliznytsia (Ukrainian Railways) has ordered 295.25 million UAH worth of railroad wheels from Interpipe Ukraine LLC. This year the company will supply 14628 solid wheels produced by Interpipe Nizhnedneprovsk Pipe-Rolling Works not earlier than on November 1, 2017, at 17671 UAH apiece. The price of the contract is 0.5% below the expected cost of the…
In 2017 Interpipe Nizhnedneprovsk Pipe-rolling Works received 313.4 million UAH of net profit as opposed to the net loss of 1.14 billion UAH in 2016. Last year the company increased net income 2.1-fold YoY, to 10.42 billion UAH. EBITDA reached 279.87 million UAH as opposed to the negative result of 1.31 billion UAH in 2016.…
The state enterprise Ukrzaliznytsia has ordered Interpipe Ukraine LLC the delivery of tyres for the rolling stock valued at 80.97 million UAH. This year Interpipe will have to supply 4322 tons of tyres manufactured by Interpipe Nizhnedneprovsk Pipe Rolling Works not early than October 1, 2017. The price of the contract is 1% lower than…
Interpipe and Vallourec intend to create a joint venture to produce steel pipes for the European market. The cooperation will not cover pipes for oil and gas extraction. The JV will only produce linear pipes, general usage pipes as well as machine-building products. “Pipes will be finished at the line built at Interpipe Niko Tube…
Ukrgazvydobuvannya has concluded 2 agreements with Interpipe Ukraine LLC for the delivery of pipes valued at 180.93 million UAH. This year the company has to supply 3588 tons of various compressor-pump pipes manufactured by Interpipe Niko Tube LLC at 49698-51552 UAH per ton. Last year Interpipe sold such pipes to Ukrgazvydobuvannya 2% cheaper, at 48419-50545…
Interpipe has won two tenders for the delivery of railroad wheels valued at 295.25 million UAH (with VAT) to the state enterprise Ukrzaliznytsia. According to the auction documents, there were two lots of 7.314 thousand and 9.394 thousand wheels. The wheels have to be delivered by the end of the year. Last year Interpipe increased…
In 2017 Interpipe Novomoskovsk Pipe Works decreased net losses by 48.5% YoY, to 120.281 million UAH. According to the company statement, its undistributed profit as of the end of 2017 totaled 359.17 million UAH. The company current liabilities dropped by 5.9%, to 1.629 billion UAH, while fixed liabilities grew by 11.3%, to 62.743 million UAH.…