Business news from Ukraine

“Interpipe” intends to hold its position on eastern markets

28 June , 2023  

Ukrainian industrial company Interpipe intends to maintain its position in eastern markets, particularly in Saudi Arabia, India, Turkey and Thailand, according to Interpipe’s corporate Facebook page on Wednesday.
According to the press release, Interpipe took part in the international exhibition Eurasia Rail 2023 together with its Turkish partner Özar Group Railway Systems.
It is noted that this is a major exhibition of the railway industry in the region and one of the largest in the world. Every year the leading rolling stock manufacturers, infrastructure technology suppliers and rail logistics operators of Asia gather on this platform in Istanbul.
“For Interpipe, the Turkish market in particular and the Asian market in general are extremely important. The company has a long history of cooperation with Turkish Railways (TCDD), as well as with logistics operators in other countries in the region, such as Saudi Arabia, India and Thailand,” the Facebook post states.
And it is emphasized that “Our goal is to hold our positions, and participation in the exhibition is a good opportunity to maintain relationships with partners and clients.”
“Interpipe is a Ukrainian industrial company, producer of seamless pipes and railway wheels. The company supplies its products to over 80 countries via a network of sales offices located in key markets in the Middle East, North America, and Europe. In 2022, the company sold 384 thnd mt of tubes and 87 thnd mt of railroad products. The company sells its railroad products under the KLW brand.
Interpipe has 10 000 employees. In 2022 the company transferred 2.8 billion hryvnias to the budgets of all levels.
The company has five industrial assets: “Interpipe Nizhnedniprovsk Tube Rolling Plant (NTZ)”, “Interpipe Novomoskovsk Tube Plant (NMTZ)”, “Interpipe Niko-Tube”, “Dnepropetrovsk Vtormet” and the electric steelmaking complex “Dneprostal” under the “Interpipe Steel” brand.
The ultimate owner of Interpipe Limited is Ukrainian businessman Viktor Pinchuk and his family members.