Ukraine: Interpipe net profit up in 2023

In 2023, Interpipe loading did not exceed 70%. Net revenue amounted to $252.49 million, up from $204.44 million in 2022. Overall revenue grew by 0.7%, to $988.7 million. Steel and pipes manufacture totaled 680 thousand and 395 thousand tons, up by 14.3% and 0.5% YoY respectively, and railroad products – 100 thousand tons. (Ukrainian metal)

Ukraine: Interpipe to raise wages

Despite 2 years of war, Interpipe will raise wages to its employees from March. On average, salary will grow by 20%. Last time Interpipe increased wages was last year. On March 1, 2023, wages grew by 15% on average. Interpipe employs around 10 thousand people. In 2023, the company paid 4.4 billion UAH to the…