Interpipe Group, or simply Interpipe is the influential Ukrainian

Ukraine

Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...

 business group founded and mostly owned by local business oligarch

Business oligarch

Business oligarch is a near-synonym of the term "business magnate", borrowed by the English speaking and western media from post-Soviet parlance to describe the huge, fast-acquired wealth of some businessmen of the former Soviet republics during the privatization in Russia and other post-Soviet...

 Viktor Pinchuk

Viktor Pinchuk

Victor Pinchuk is a Jewish-Ukrainian businessman and philanthropist. Forbes ranked him # 336 on the list of the wealthiest people in the world, with a fortune of $3.3 billion...

. The group focuses on steel industry (particularly rolling

Rolling (metalworking)

In metalworking, rolling is a metal forming process in which metal stock is passed through a pair of rolls. Rolling is classified according to the temperature of the metal rolled. If the temperature of the metal is above its recrystallization temperature, then the process is termed as hot rolling...

), although indirectly controlling assets in various fields of industry, services and media. Interpipe is a globally important player on the metal pipes

Pipe (material)

A pipe is a tubular section or hollow cylinder, usually but not necessarily of circular cross-section, used mainly to convey substances which can flow — liquids and gases , slurries, powders, masses of small solids...

 (hence the name), steel wheel

Wheel

A wheel is a device that allows heavy objects to be moved easily through rotating on an axle through its center, facilitating movement or transportation while supporting a load, or performing labor in machines. Common examples found in transport applications. A wheel, together with an axle,...

s and ferroalloy

Ferroalloy

Ferroalloy refers to various alloys of iron with a high proportion of one or more other element, manganese or silicon for example. It is used in the production of steels and alloys as a raw material.The main ferroalloys are:*FeAl – ferroaluminum...

s markets.

Companies of the Interpipe Group are mostly situated in the Dnipropetrovsk Oblast

Dnipropetrovsk Oblast

Dnipropetrovsk Oblast is an oblast of central Ukraine, the most important industrial region of the country. Its administrative center is Dnipropetrovsk....

 of Ukraine.

History

Interpipe is in a permanent and fierce business conflict with the Privat Group

Privat Group

The Privat Group, or PrivatBank Group is a international business group, based in Ukraine and grouped around the Privatbank. Privat Group controls dozens of companies of virtually every industry in Ukraine, Ghana, Russia, Romania, United States and other countries. Steel, oil&gas, chemical, energy...

also based in Dnipropetrovsk area.