Business news from Ukraine

Business news from Ukraine

“Interpipe Dnipropetrovsk Vtormet” ended 2025 with loss of 2.8 mln UAH

16 March , 2026  

PJSC “Interpipe Dnipropetrovsk Vtormet” (Dnipro), a subsidiary of the Interpipe Pipe and Wheel Company (PWC), ended 2025 with a loss of UAH 2.821 million, whereas in 2024 it reported a net profit of UAH 65.931 million.

According to information submitted by the company to the NSSMC’s disclosure system, the annual general meeting of shareholders is scheduled to be held on April 15 of this year via a survey (remote general meeting).

Eleven items are on the agenda, including determining the company’s main areas of activity for 2026, reviewing the supervisory board’s reports and the 2025 audit report, and approving the annual financial statements and the procedure for covering losses. In addition, it is planned, in particular, to terminate the powers of the current members of the supervisory board and elect new ones,

According to draft resolutions available to the Interfax-Ukraine agency, shareholders are proposed to define the main areas of the company’s activities in 2026 as increasing the volumes of scrap metal procurement and processing; developing scrap collection capacities; reducing production costs; and maximizing profits from business operations.

It is also proposed to approve the reports for 2025. Given that the company’s financial and operational results for 2025 resulted in a loss of UAH 2.821 million, the procedure for covering losses is to be approved: losses are to be covered in accordance with current legislation.

“Interpipe” is a Ukrainian industrial company and a manufacturer of seamless pipes and railway wheels. The company’s structure includes five industrial assets: “Interpipe Nizhnedneprovsky Pipe Rolling Plant (NTZ),” “Interpipe Novomoskovsky Pipe Plant (NMTZ),” “Interpipe Nico-Tube,” “Dnipropetrovsk Vtormet,” and the electric steelmaking complex ‘Dniprostal’ under the “Interpipe Steel” brand.

The ultimate owner of Interpipe Limited is Ukrainian businessman and philanthropist Viktor Pinchuk and members of his family.

“Interpipe Dnipropetrovsk Vtormet” specializes in the procurement and processing of ferrous metal scrap in the Dnipropetrovsk region, followed by the sale of this product, specifically in the preparation of metal feedstock for steelmaking enterprises. The company’s production facilities have the capacity to process 1.35 million tons of scrap per year. The company has an extensive regional network of procurement and production facilities (Dnipro, Nikopol, Pavlohrad, Zhytomyr, Kyiv, Odesa, Poltava, Vinnytsia, Kharkiv, and Cherkasy).

According to the National Securities and Stock Market Commission (NSSMC) data for the fourth quarter of 2025, Interpipe Limited (Cyprus) owns 98.6699% of the shares of Interpipe Dnipropetrovsk Vtormet PJSC.

The company’s authorized capital is UAH 64.876 million.

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