Interpipe in cooperation with the ARTOC Company, a partner of Interpipe in Egypt, together held a business meeting with potential customers in Cairo, last month, which is an attempt to strengthen its presence in the Egyptian market.
The event was attended by representatives of large Egyptian oil and gas companies who got the opportunity to see the products, technologies and services of the Interpipe Company.
Among the attendees present were guests of honor including Yevgen Mikitenko, Ambassador of Ukraine in Egypt, Shafik Gabr, Chairman and Managing Director of the ARTOC Group for Investment and Development, General Abd El Hamid Sorour, Chairman of ARTOC Suez and top-managers of the Interpipe Company.
Frank Rittner, Director for Strategy and Business Development at Interpipe said, “We foresee that a combination of a wide product portfolio, flexibility, speedy order processing, quality products, competitive price and cooperation with ARTOC will enable Interpipe to become the leading supplier of oil and gas pipes to the Egyptian market”.
The ARTOC Group is an international holding company consisting of six divisions: a project investment division, real estate, engineering and technical services, a consumer products division, publications division and an international operations division.
General Abd El Hamid Sorour, Chairman of ARTOC Suez said, “It is an honor to represent the Interpipe Company on the Egyptian market. During our period of cooperation Interpipe has established a reputation as a reliable and highly qualified partner”.
Interpipe is a major global producer of steel pipes and 2nd largest producer of forged railway wheels in the world with total revenue of $1.8 billion in 2007.
Interpipe is an export-oriented company with 71% of its revenues derived from export sales in 2007 supplying products to 76 countries in the world. The company has a network of sales offices in Ukraine, Russia, Kazakhstan, Europe, the USA and the Middle East.
In 2007, Interpipe mills produced 1.5 million tons of steel pipes and railway wheels.