Centravis Production Ukraine (Nikopol, Dnipropetrovsk Oblast), a subsidiary of Centravis Ltd., reported a net loss of UAH 61.012 million for the January-March period of this year, compared to a net profit of UAH 210.208 million in the same period last year.
According to the company’s interim report, available to the Interfax-Ukraine agency, net revenue from sales of goods for this period rose to UAH 1.41999 billion from UAH 1.255258 billion in Q1 2025.
The accumulated loss as of the end of March 2026 amounted to UAH 876.575 million.
In other company news, results were reported regarding the share issuance by Centravis Production Ukraine PJSC without a public offering in the event of a single-stage placement of additional shares.
The start date for the placement of shares in the share issuance process was February 28, 2026, and the end date was April 1, 2026. A total of 4,335,171 ordinary registered shares were placed, amounting to UAH 4,335,171 thousand. During the placement of shares in the issuance process, one share purchase agreement was concluded.
It was previously reported that on September 24, 2025, the company’s sole shareholder—Centravis SA (Switzerland)—decided to increase the authorized capital through an additional share issue of UAH 4,335,171 thousand without conducting a public offering. The shares were valued by Uvekon Consulting Company LLC.
According to the annual report, Centravis reduced its net profit to UAH 154.094 million in 2025 from UAH 310.045 million in 2024, while net revenue from sales decreased to UAH 5.519669 billion from UAH 5.226606 billion. At the same time, revenue in Ukraine amounted to UAH 202.149 million in 2025.
In 2025, the company produced 13,770 tons of products. Almost the entire volume is exported to foreign markets. The company’s main markets remain Europe, the United States, and the Middle East.
Centravis’s production facilities are located in Nikopol and Uzhhorod. The company also has sales offices in the United States, Germany, Italy, Switzerland, Poland, and the United Arab Emirates.
Centravis was founded in 2000 and is among the top ten largest manufacturers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovsk region). In 2023, the company opened a branch in Uzhhorod.
The Centravis Ltd. holding company was established on the basis of CJSC “Nikopol Stainless Steel Pipe Plant” and the service and trading companies LLC “Production and Commercial Enterprise ”YUVIS.” Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares of Centravis Production Ukraine PJSC.
The registered capital of the private joint-stock company as of the end of 2025 was 202.560 million UAH, and as of the end of March 2026, it was 206.895 million UAH.
