Interpipe paid UAH 1.2 billion in taxes and fees in Q1

In January-March 2025, the Ukrainian industrial company Interpipe increased the payment of taxes and fees to the budgets of all levels and off-budget funds of Ukraine by 4% compared to the same period in 2024, up to UAH 1.231 billion. This was reported to GMK Center by the company’s press service.

The company paid UAH 863 million to the state budget and UAH 184 million to local budgets. The company paid another UAH 184 million as a unified social contribution (USC).

“The company continues to increase its payments of taxes and duties to the state. In the first quarter, the payment of the unified social contribution increased significantly due to the increase in salaries in March this year at all Interpipe assets located in Dnipropetrovska oblast, the frontline region, as well as Nikopol, which is shelled by enemy artillery and drones on a daily basis. Nevertheless, our operational and financial position is stable, with exports accounting for more than 80% of total sales, and we are finalizing a large-scale investment program in our high value-added production facilities,” said Sergiy Kuzmenko, Chief Economic and Financial Officer.

Despite the difficulties of wartime, Interpipe remains one of the key industrial companies in Ukraine, continuing to produce railway and pipe products for the domestic and export markets, invest in production facilities, and increase contributions to the Ukrainian budget. The total number of employees is about 9.5 thousand, and those who serve in the Armed Forces or other law enforcement agencies is 1,070.

In 2024, Interpipe increased the payment of taxes and duties to the budgets of all levels and off-budget funds of Ukraine by 27% compared to 2023, to UAH 5.501 billion.