Business news from Ukraine

Business news from Ukraine

“Interpipe” shipped shipment of over 2,600 wheels to Moroccan railroads

24 May , 2023  

Ukrainian industrial company Interpipe shipped a shipment of over 2,600 wheels to Moroccan railroads – Office National des Chemins de Fer (ONCF).
According to the company’s press release, Interpipe continues to hold the country’s economic front, increasing its exports, in particular to African countries.
It is specified that ONCF usually holds tenders once in three years, concluding long-term agreements with suppliers. Under this contract, the Moroccan railroads use Ukrainian products to update the fleet of passenger cars Fiat AnsaldoBreda electric train and freight cars.
Alexander Garkavy, director of Interpipe’s railway products division, stated that the group has been cooperating with ONCF for about 15 years.
“During this time the company has managed to prove itself a reliable supplier of wheels. Morocco is increasing its rolling stock fleet as part of the construction of a high-speed electric train line, so Interpipe hopes to further develop its partnership with Moroccan railroads,” said the division’s director, quoted by the press service.
He added that the African continent as a whole is a promising market for the development of rail supplies.
“We are already cooperating with Mauritania, Gabon, Egypt and intend to expand our presence in other countries of the region,” Garkavy explained.
“Interpipe is a Ukrainian industrial company producing seamless pipes and railway wheels. The company supplies its products to over 80 countries all over the world through a network of commercial offices located in the key markets of the CIS, Middle East, North America, and Europe. The sales of railway products are carried out under the KLW brand.
Interpipe has 10 thousand employees.
The company consists of five industrial assets: “Interpipe Nizhnedneprovsky Tube Rolling Plant (NTZ)”, “Interpipe Novomoskovsk Tube Plant (NMTZ)”, “Interpipe Niko Tube”, “Interpipe Vtormet” and the electric steelmaking complex “Dneprosteel” under the brand name “Interpipe Steel”.
The ultimate owner of Interpipe Limited is Ukrainian businessman Viktor Pinchuk and his family members.

,