News

During 3m2023 Interpipe, a global producer of steel pipes and railway products, transferred UAH 623mln in taxes to the budgets of all levels and extra-budgetary funds. The volume of tax expenditures increased by 3 percent y-o-y.

Transfers to the state budget amounted to approximately UAH 406mln (+24%) as well as UAH 107mln (-28%) was paid to the local budgets. Moreover, UAH 110mln (-14%) were transferred as Single Social Payment (SSP).

Sergiy Kuzmenko, Interpipe’s CFO:

- Interpipe is holding firmly the economic frontline of Ukraine as the war goes on. The formula is quite simple: the greater volume of finished goods produced and exported, the more taxes paid. Interpipe's sustainable operations ensure employment for 10,000 people in the frontline region and supplement of budgets of all levels.

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.