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Interpipe presented an investment project at Ukraine Recovery Conference 2024 in Berlin
Back to news2024-06-13
Interpipe presented an investment project at Ukraine Recovery Conference 2024 in Berlin
Interpipe, a global producer of steel pipes and railway products based in Ukraine, took part in International Ukraine Recovery Conference (URC2024) was held in Berlin on June 11-12, 2024.
During the conference Fadi Hraibi, the Chairman of the Board of Directors, presented a large investment project with a total budget of ca. $1 billion. The project includes construction of a second stage at the Interpipe Steel electric steel melting complex and a green HRC production facility.
Fadi Hraibi, the Chairman of the Board of Directors at Interpipe:
- In post-war Ukraine, we expect a significant deficit in the supply of rolled steel. In addition, we can see a constantly growing demand for green steel in the European Union. The proposed project is designed to satisfy this demand. However, its implementation will require significant debt financing from MFIs. We hope that the Ukraine Development Fund will become the tool that will help to prepare this project.
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 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 2023, Interpipe supplied 387 kt of pipes and 95 kt of railway products.
Interpipe has 9 thousand people working at the company's facilities. During 2023 the Company transferred UAH 4.4bln 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
During the conference Fadi Hraibi, the Chairman of the Board of Directors, presented a large investment project with a total budget of ca. $1 billion. The project includes construction of a second stage at the Interpipe Steel electric steel melting complex and a green HRC production facility.
Fadi Hraibi, the Chairman of the Board of Directors at Interpipe:
- In post-war Ukraine, we expect a significant deficit in the supply of rolled steel. In addition, we can see a constantly growing demand for green steel in the European Union. The proposed project is designed to satisfy this demand. However, its implementation will require significant debt financing from MFIs. We hope that the Ukraine Development Fund will become the tool that will help to prepare this project.
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 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 2023, Interpipe supplied 387 kt of pipes and 95 kt of railway products.
Interpipe has 9 thousand people working at the company's facilities. During 2023 the Company transferred UAH 4.4bln 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
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INTERPIPE Nyzhnodniprovsky Tube-Rolling Plant PJSC published this content on 13 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2024 10:45:04 UTC.
