On average, salaries will increase by 20%
Interpipe, a global producer of steel pipes and railway products, announces a salary increase for all categories of employees from March 1, 2024. The company's press office told Compraço.
On average, salaries will increase by 20%. The increase will apply to workers at factories in Dnipro, Nikopol and Novomoskovsk.
In addition, the salaries of production line managers, as well as engineers, specialists and managers in the company's Ukrainian office will be increased. The salary increase will be differentiated.
«Ukraine has been at war for almost 2 years. Despite numerous challenges related to bombings, logistical problems on the Ukrainian-European border and in the Red Sea, as well as unstable water supply in Nikopol, Interpipe continues to operate, remaining one of the few large stable companies in the front line region. Today, stable production means paying taxes to budgets at all levels, saving thousands of jobs and supporting our defenders in the Armed Forces of Ukraine. To support our employees, the Company has decided to increase salaries from March 1, 2024”, commented Andrii Korotkov CEO of the company.
Interpipe regularly increases employee salaries, with salaries increasing by an average of 15% in March 2023. In October 2021, the increase took place in two stages – 10% in April and 10% in October. In 2019, employee salaries increased by 20%. Furthermore, the company constantly improves the skills of its employees, training new specialists and providing internships for students.
As the GMK Center previously reported, in 2023, Interpipe increased its tax payments to budgets of all levels of Ukraine and extra-budgetary funds by 56% compared to 2022, to 4.38 billion UAH. The company paid UAH 3.35 billion to the state budget and UAH 477 million to local budgets.
Interpipe is an international, vertically integrated pipe and wheel company, one of the top 10 global producers of seamless pipes and one of the top 3 producers of forged wheels.