KYIV, Nov 8 – Interpipe, a Ukrainian steel pipe and railway wheel company, has confirmed that antimonopoly authorities of Germany approved the creation of a joint venture (JV) with France's Vallourec, a leading producer of seamless pipes in Europe.

"We confirm the submission of the application to the antimonopoly agency of Germany under a project of cooperation between the two companies and that we have received the approval," Interpipe reported.