Ukrainian industrial company INTERPIPE will increase the wages of production personnel (workers and PCCs) of its industrial assets by an average of 10%.
When raising salaries, a differentiated approach will be applied depending on the division and category of employees.
So, all workers and RCC pipe division wages will be increased by 10% from June 1, 2021. The salaries of production personnel of the machine-building complex will also increase by 10% from June 1.
The increase in the salaries of workers and the RCC of the division of railway products will be 10%, but will take place in two stages due to a decrease in production volumes. Thus, salaries will increase by 5% from June 1 and by 5% from September 1.
The salaries of workers in the steel division will increase by 10% from June 1, RCC salaries - from August 1, 2021.
Denis Morozov, First Deputy General Director of Interpipe:
- The company continues to operate under new trade restrictions that are being introduced against our products. We continue to fight disease in our factories, making every effort not to stop production. The company has significantly increased the costs of providing anti-epidemic measures, the delivery of workers to production, and the provision of hospitals in the region. However, we have found an opportunity to raise production staff salaries to support employees and their families during this challenging time. About Us:
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.