Back to news 2016-06-29

Interpipe paid 1,045 billion UAH of taxes and duties in 2015

Interpipe stays on being one of the biggest taxpayer in the country. In 2015 company paid the budget and extra-budgetary funds 1,045 billion UAH of taxes and duties.
In 2015 45% of Interpipe’s tax liabilities (469 million UAH) were directed in the state budget, 22% (237 million UAH) – in the city budgets of Dnipro, Novomoskovsk and Nikopol, 30% (309 million UAH) directed on the account of funds as Unified Social tax.
The volume of the military tax, paid by Interpipe employees, totaled 17,6 mln UAH.
On the background of the significant production decrease (-29% relatively 2014) the volume of tax liabilities practically didn’t change, but dropped by 7% relatively 2014. So, in 2014 Interpipe paid 1,124 billion UAH of taxes and duties. However, the sum of taxes, paid per 1 ton of finished products, increased from 1228 UAH/t in 2014 to 1616 UAH/t in 2015.
“Last year company battled to survive. Even during such difficult year Interpipe continued to be an example how to conduct the legal business. The volume of tax liabilities remained practically at the level of 2014. Company’s mills, situated in three cities of Dnipro region, directly or indirectly generate substantial part of the revenues of local budgets and this way support  the financial stability of the Dnipro region”, - comments Oleg Rozenberg, Interpipe CEO.

Reference on Interpipe:
Interpipe is global producer of steel pipes and railway wheels, based in Ukraine. The company’s products are marketed in more than 80 countries around the world through a network of sales offices located in key markets of Ukraine, the CIS, the Middle East, North America, and Europe. In 2015 Interpipe supplied 600 000 tons of pipe and wheel products.
11,5 thousand employees are working in Interpipe.
Contact details for the mass media:
Lucy Novak
Phone: +380 67 565 00 42

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