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Interpipe will increase employees' salaries by 10%

From October 1, the Ukrainian industrial company Interpipe will increase wages by an average of 10%.

The increase in wages will affect all employees of the pipe division, the steel division and the division of railway products, as well as employees of centralized functions. When raising salaries, a differentiated approach will be applied depending on the division and category of employees.

Earlier in 2021, Interpipe had already increased the salaries of production personnel of all industrial assets.

Vitaly Pakhomov, Interpipe HR Director:

- The company continues to adhere to high social standards. Since the beginning of the quarantine, we have introduced unprecedented security measures, including free PCR testing and free corporate transport to work. Even during the lockdown, our factories continued to operate, and employees and their families received a stable income. Interpipe regularly reviews the salaries of production personnel. We are launching our second promotion this year in October to support our employees and ensure their financial stability. So, taking into account the current increase, the average salary for the company by the end of 2021 will grow by more than 20%.

About the company:

INTERPIPE is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. The company's products are supplied to more than 80 countries of the world through a network of sales offices located in the key markets of the CIS, the Middle East, North America and Europe. In 2020, Interpipe sold 662 thousand tons of finished products, including 192 thousand tons of railway products. Railway products are sold under the KLW brand. Interpipe employs 10 thousand people. In 2020, the Company transferred UAH 2.54 billion to the budgets of all levels.

Media contacts:

Andrey Pisarevsky

Press Secretary

Tel .: +380 44 233 66 53

Mob .: +380 67 952 17 62

[email protected]



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