Interpipe

Interpipe in the first half of 2022 reduced net sales by 34% y/y

Revenue from sales of the company's products for January-June 2022 increased by 0.2% year-on-year

Ukrgazvydobuvannya announced tenders for the purchase of pipes for 86 million tons

The gas company plans to buy 905 tons of steel pipes. Bids are accepted until October 29, 2022

Ukrgazvydobuvannya announced a tender for the purchase of pipes for UAH 35 million

The gas company plans to buy 436 tons of steel electric-welded pipes. Tender proposals are accepted until October 22, 2022

Interpipe intends to increase capacity utilization by 5-10% in the third quarter

In May-June, capacities for the production of pipes were loaded by 60-70%, and railway wheels – by 45-50%

Interpipe increased logistics costs by 2.5-3.5 times

Due to the blockade of Ukrainian ports, the company began to export products by cars and railway transport to European ports

Interpipe’s Novomoskovsk plant rose sales up to 70% of pre-war levels

In June, Interpipe Novomoskovsk Pipe Plant exceeded the adjusted plan by 8%

Interpipe launched the production of a new type of wheels for EU market

The company has already shipped the first, experimental batch to the customer

Interpipe appoints Andrey Korotkov as CEO

Due to force majeure, the company terminated the contract with Franz Josef Marx

Interpipe increased its profit by 70% in Q1 2022

Revenue from sales of the company's products for January-March increased by 19%

Interpipe reduced its net profit by 53% in 2021

The company's revenue for the year, on the contrary, grew by 30.9%