According to the results of January-June of the current year, the Ukrainian industrial company Interpipe transferred almost UAH 1.775 billion to budgets of all levels and extra-budgetary funds, which is 74% more than in the same period last year.
According to the press release of the company on Wednesday, the deductions to the state budget in the reporting period amounted to about UAH 1.289 billion (+130%), to local budgets – UAH 223 million (-5%). Another UAH 263 mln (+17%) was transferred as ERUs.
Serhiy Kuzmenko, Interpipe’s Director for Economics and Finance, noted that despite the difficult situation in Nikopol, the group is making a strong contribution to filling the state coffers, helping to keep the country’s economic front on track.
“Increased production of products with greater added value means the work of thousands of people in the frontline region and further growth in the payment of taxes,” stated Kuzmenko, quoted by the press service.
As reported, Interpipe in the first quarter of 2023 transferred to budgets of all levels and extra-budgetary funds almost 623 million UAH, which is 3% more than in the same period last year. Payments to the state budget for this period amounted to about UAH 406 million (+24%), to local budgets – UAH 107 million (-28%), another UAH 110 million (-14%) was transferred as ERUs.
“In 2022, Interpipe transferred UAH 2.816 billion to budgets of all levels and extra-budgetary funds. At the same time, deductions to the state budget amounted to about UAH 1.74 billion (-7% compared to 2021), to local budgets – about UAH 623 million (+1%). Another about UAH 454 mln (-4%) was transferred as ERUs.
“Interpipe” is a Ukrainian industrial company, a manufacturer of seamless pipes and railroad wheels. The company’s products are supplied to more than 80 countries through a network of sales offices located in key markets in the Middle East, North America and Europe. In 2022, Interpipe sold 384 thousand tons of pipe products and 87 thousand tons of railway products. Railway products are sold under the KLW brand.
Interpipe employs 10 thousand employees. In 2022, the company transferred UAH 2.8 bln to budgets of all levels.
The company’s structure includes five industrial assets: “Interpipe Nizhnedneprovsky Pipe Rolling Plant (NTZ)”, “Interpipe Novomoskovsk Pipe Plant (NMTZ)”, “Interpipe Niko Tube”, “Dnepropetrovsk Vtormet” and electric steel melting complex “Dneprostal” under the brand “Interpipe Steel”.
The ultimate owner of Interpipe Limited is Ukrainian businessman Victor Pinchuk and members of his family.
