Transfers to the state budget amounted to approximately UAH 4.1bln (+25%) as well as UAH 683mln (+40%) was paid to the local budgets. Moreover, UAH 647mln (+32%) were transferred as Single Social Payment (SSP).
Sergiy Kuzmenko, Interpipe’s CFO:
- For the second year in a row, Interpipe has been updating its record for paying taxes and fees to budgets of all levels, thereby confirming its status as a major taxpayer both regionally and nationwide. Despite hostilities in Ukraine, the Company continues to produce and to export added value products. This is the key to ensure that thousands of Ukrainians in the frontline region are provided with jobs, and the country receives foreign exchange earnings.
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 50 countries all around the world via the network of sales offices located in key markets of Europe, North America and the Middle East. In 2023, Interpipe supplied 387 kt of pipes and 95 kt of railway products. Railway products are sold under the KLW brand.
The total number of Interpipe’s employees is about 9.5 thousand people. The number of our employees who serve in the Armed Forces of Ukraine or other law enforcement agencies is at the level of 950 people.
During 2024 the Company transferred a record amount of paid taxes and fees - UAH 5.5bln - to the budgets of all levels and extra-budgetary funds.