News

Back to news 2020-02-26


Interpipe paid UAH 3.25bln in taxes and duties in 2019


During 2019 Ukrainian industrial company Interpipe transferred UAH 3.25bln in taxes to budgets of all levels and extra-budgetary funds. Comparing with 2018 the volume of tax expenditures raised by 50 percent.

Transfers to the state budget amounted to approximately UAH 2.167bln as well as UAH 625mln was paid to the local budgets. Moreover, UAH 462mln was transferred as Single Social Payment (SSP).

The taxes paid by Interpipe in 2019 could be enough to cover two and a half budgets of such regional center as Uzhhorod. Besides, all medicine expenditures of Dnipropetrovsk region would be financed.



Denis Morozov, Interpipe CFO:
- Each ton of our products in 2019 provided UAH 3805 to the Ukrainian budget. The production of high value-added products ensures foreign exchange earnings from exports and secures jobs in our country.

About the company:
Interpipe is global producer of steel pipes and railway wheels, 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 2019, Interpipe supplied 798 kt of finished goods, including 203 kt of railway products.

Interpipe has 12 thousand people working at the company’s facilities. During 2019 the Company transferred UAH 3.25bln in taxes to budgets of all levels and extra-budgetary funds.

Contacts for the mass media:
Andrey Pisarevskiy
Press Officer
Phone: +380 44 233 66 53
Cell: +380 67 952 17 62
Andrey.Pisarevskiy@m.interpipe.biz
www.interpipe.biz




Back to news