News
Interpipe paid UAH 1.78bln in taxes and duties in 6m2023
During 6m2023 Interpipe, a global producer of steel pipes and railway products, transferred UAH 1.78bln in taxes to the budgets of all levels and extra-budgetary funds. The volume of tax expenditures increased by 74 percent y-o-y.
Transfers to the state budget amounted to approximately UAH 1.29bln (+130%) as well as UAH 223mln (-5%) was paid to the local budgets. Moreover, UAH 263mln (+17%) were transferred as Single Social Payment (SSP).
Sergiy Kuzmenko, Interpipe’s CFO:
- Despite grave security situation in Nikopol Interpipe makes the significant contribution to the state treasury backing Ukrainian economic frontline. Output growth of high-value-added products means saving jobs for thousands of people in the frontline area and further increase of tax expenditures.
About the company:
Interpipe is global producer of steel pipes and railway products based in Ukraine. The company’s products are marketed in more than 80 countries all around the world via the network of sales offices located in key markets of Ukraine, Europe, North America and the Middle East. In 2021, Interpipe supplied 602 kt of pipes and 174 kt of railway products.
Interpipe has 10 thousand people working at the company’s facilities. During 2022 the Company transferred UAH 2.8bln in taxes to budgets of all levels and extra-budgetary funds.
