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2024-11-20
Interpipe paid UAH 3.9bln in taxes and duties in 9m2024
During 9m2024 Interpipe, a global producer of steel pipes and railway products based in Ukraine, transferred circa UAH 4bln in taxes to the budgets of all levels and extra-budgetary funds. The volume of tax expenditures increased by 27 percent y-o-y.
Transfers to the state budget amounted to over UAH 3bln (+25%) as well as UAH 506mln (+36%) was paid to the local budgets. Moreover, UAH 475mln (+31%) were transferred as Single Social Payment (SSP).
Sergiy Kuzmenko, Interpipe’s CFO:
- Due to exports of value-added products to the EU, the USA and the Middle East markets Interpipe is consistently increasing the amount of taxes paid to budgets of all levels. By the end of 2024, the Company will probably renew last year's record figure. This allows Interpipe to be in a stable financial position, maintain a multi-thousand workforce and ensure the implementation of investment projects.
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 2023 the Company transferred record amount of paid taxes and fees - UAH 4.4bln - to the 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
Transfers to the state budget amounted to over UAH 3bln (+25%) as well as UAH 506mln (+36%) was paid to the local budgets. Moreover, UAH 475mln (+31%) were transferred as Single Social Payment (SSP).
Sergiy Kuzmenko, Interpipe’s CFO:
- Due to exports of value-added products to the EU, the USA and the Middle East markets Interpipe is consistently increasing the amount of taxes paid to budgets of all levels. By the end of 2024, the Company will probably renew last year's record figure. This allows Interpipe to be in a stable financial position, maintain a multi-thousand workforce and ensure the implementation of investment projects.
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 2023 the Company transferred record amount of paid taxes and fees - UAH 4.4bln - to the 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
