In 2022, Interpipe paid 2.816 billion UAH of taxes to budgets of all levels, down by 5% YoY. The drop was mostly due to the decrease in output. In particular, payments to the state budget amounted to 1.74 billion UUA (-7%) and to local budgets – 623 million UAH (+1%). The company has also paid…
On March 9, following a tender Ukrzaliznytsia ordered Interpipe NTZ tyres for 194 million UAH. The company has to supply 3602 tyres for trains. They have to be produced from October 2022 till March 2023. The manufacturer must be Interpipe or Huta Bankova. Tyres must be paid within 5 bank days. Prices are 7-15% higher…
Despite the war, from March 1 Interpipe will increase wages of its employees on average by 15%. The decision will cover all employees in Dnipro, Nikopol and Novomoskovsk. According to CEO Andrei Korotkov, for almost a year the company has been living and operating in the conditions of a full-scale war and has experienced considerable…
Interpipe Dneprovskiy Vtormet intends to expand its scrap sales markets by attracting new iron and steel works in its customer base. The main risks for the company during the war are unstable economical situation in the country, competition, drastic scrap price decrease and the shortage of raw materials. The company also notes manufacturing risks linked…
In January-September 2022, Interpipe decreased steel manufacture by 36.3% YoY, to 463 thousand tons. Pipes output dropped by 30.2%, to 309 thousand tons, and railroad products – by 49.6%, to 64 thousand tons. In Q3 2022, the company produced 177 thousand tons of steel (+43.9% QoQ), 105 thousand tons of pipes (-4.5%) and 24 thousand…
The shareholders of Interpipe Novomoskovsk Pipe Works have approved the operational report for 2021. The decision was taken at the annual meeting on December 28, 2022. The revision commission has been revised, with Hanna Kushnir reelected and Yuliya Vedmidyova and Helena Fedorchenko elected. In 2021, Interpipe NMTZ increased net profit 2.2-fold YoY, to 175.722 million…
In January-September, Interpipe Novomoskovsk Pipe Works received a net loss of 465.825 million UAH as opposed to a net profit of 248.25 million UAH in 9 months of 2021. Net income dropped by 67.7%, to 904.07 million UAH. Undistributed profit amounted to 98.684 million UAH. (Ukrainian metal)
In January-September, Interpipe NTZ received net loss of 1.933 billion UAH as opposed to a net profit of 141.705 million UAH last year. According to the company interim report, its net income decreased by 14.3%, to 5.248 billion UAH. Undistributed profit amounted to 1.941 billion UAH. (Ukrainian metal)