Interpipe, a Ukrainian industrial company, and Mubadala, the state investment fund of the government of Abu Dhabi, signed a memorandum of understanding on February 14, 2021.
Interpipe reported on Facebook the memorandum was signed during the visit of Ukrainian President Volodymyr Zelensky to the United Arab Emirates. On behalf of the company, the document was signed by First Deputy CEO Denys Morozov.
At the same time, it is noted that Interpipe has long been present in the Middle East markets.
“Every second building in Abu Dhabi was built with our pipes. Moreover, during the global crisis last year, this particular region showed growth, and the demand for steel pipes was maintained at a high level. This allowed us to start cooperation and ship the first pipe products to the address of one of the flagships of the world oil and gas business – National Oil Company of Abu Dhabi ADNOC,” the group said.
Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. Products are supplied to more than 80 countries around the world through a network of sales offices located in the key markets of the CIS, the Middle East, North America and Europe.
