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Back to news 2014-08-07


INTERPIPE paid 558 million hryvnya as taxes for the first six months of 2014


INTERPIPE continues to maintain the status of one of the largest Ukrainian taxpayers. The amount of Company’s payments to the budget and the state special-purpose funds of ukraine in 2013 reached 1.259 billion hryvnya, while in the first half of 2014 the Company has already paid 558.7 million hryvnya.

In 2013 INTERPIPE paid 936.3 million hryvnya of taxes and duties to the state and local budgets and 323.3 million hryvnya – to the Pension Fund of Ukraine. In the first half of 2014 Company’s assessments to the state and local budgets amounted to 400.7 million hryvnya, and 158 million hryvnya – to the Pension Fund of Ukraine.

The amount of taxes and duties, paid by INTERPIPE Company in 2013, exceeds annual budgets of certain regional centers in Ukraine, for instance, Mykolaiv (1.11 billion hryvnya), Poltava (1.04 billion hryvnya), and Zhytomyr (914.2 million hryvnya). Besides, the amount of Company’s tax payments is equivalent to the funds, allocated from the Dnipropetrovsk Region budget for road repairs and construction.

“INTERPIPE is one of the largest exporters in the country and makes significant contributions to the national economy, - INTERPIPE General Manager Oleg Rosenberg has commented. – Even under the conditions of a quite complicated economic situation in our country all Company’s mills keep on working, paying salaries to 15.5 thousand employees, and carrying out their tax assignments in time, representing a perfect example of a socially responsible company”.

REFERENCE

INTERPIPE is the international vertically integrated pipe and wheel Company, a member of the TOP 10 list of the world’s largest seamless pipes’ producers and the third largest producer of solid-rolled railway wheels in the world. Company’s products are marketed in more than 80 countries all around the world via the network of sales offices, located at the key markets of the CIS, the Middle East, North America, and Europe.

In 2013 Company’s mills produced more than 1.2 million tons of pipe and wheel products.




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