Since March 1, Interpipe has increased wages of all its employees, most of whom are in the frontline area – in the cities of Dnipro, Nikopol and Samar. This is the third time that the company increases wages since the start of the Russian large-scale invasion. “Today the company provides work to over 9 thousand…
At the end of 2024, Interpipe completed a major contract to supply 10,000 railroad wheels to the Indian state enterprise Indian Railways ahead of schedule. The contract presupposed the delivery of wheels with the diameter of 1000 mm. Logistics was a challenge. Most wheels were shipped via European seaports, while the last batches – from…
In 2024 Interpipe transferred 5.501 billion UAH to budgets of all levels. Compared with 2023 the volume increased by 27%. In particular, payments to the state budget amounted to 4.17 billion UAH (+25%) and to local budgets – 683 million UAH (+40%). The single social contribution grew by 32%, to 647 million UAH. (Ukrainian metal)
Exports account for almost 83% of Interpipe sales. According to the railroad division director Olexander Garkaviy, Europe has become the domestic market for the company. There Interpipe exports 50% of its products. The main customers are such carriage-building giants as Siemens, Alstom, Greenbrier and Tatravagonka. “Almost all major railroad operators work with us,” he said.…
Interpipe is upset by the decision to increase electricity transportation tariff by 29.8%, which will further increase product prime cost and decrease capacity loading. The company is one of the largest industrial consumers of electricity in Ukraine. Thus, it is quite natural that any increase in electricity tariff will increase its products’ prime cost and…
In January-September, Interpipe paid 3.99 billion UAH to budgets of all levels, up by 27% YoY. In particular, payments to the state budget amounted to 3.01 billion UAH (+25%), to local budgets – 506 million UAH (+36%) and the single social contribution was 475 million UAH (+31%). “Thanks to the export of value added products…
Interpipe is testing a new logistics route to supply its products to the European Union countries using both railroad and automobiles, in particular, via a terminal in Polish Chelm. Answering a question on using internal waterways, Interpipe procurement and logistics director Olexiy Yanovskiy said: “Interpipe has been carefully studying the possibility of using the Danube…
For the first time in its history, Interpipe has started managing a vessel, which it has taken in a time charter. “Interpipe has started attracting its own vessels instead of traditional freight. But we consider purchasing transport means inefficient. Instead we charter ships for transportation in the Black Sea,” the company procurement and logistics director…