Business news from Ukraine

Business news from Ukraine

“Centravis” Increased Pipe Production by 6.6% in First Half of Year

20 July , 2026  

PJSC “Centravis Production Ukraine” (Centravis Production Ukraine, Nikopol, Dnipropetrovsk Oblast), a subsidiary of Centravis Ltd., reported a 6.6% increase in production for January–June of this year—from 6,770 metric tons to 7,220 metric tons;

According to a press release on Monday, exports in monetary terms increased by nearly 15%—from 2.56 billion UAH to 2.94 billion UAH; the amount of taxes paid rose by nearly 11% to 361.5 million UAH.

“The first half of the year was another challenging period for us, one that put the entire team to the test. First and foremost, this was due to the security situation in Nikopol, where our main production facilities are located. The situation remains consistently difficult, and so far there is no reason to expect a significant improvement in the near future,” said the company’s CEO, Yuriy Atanasov.

According to him, in June, the EU—one of the company’s key markets—decided to significantly restrict opportunities for exporting Ukrainian steel products. Specifically, the EU set a quota of 6,524 metric tons for Ukrainian seamless stainless steel pipes, even though Ukraine exported 11,306 metric tons last year. “In effect, a single regulatory decision has closed off nearly half of the European market for us. The consequences of this decision could be extremely painful for both the company and the Ukrainian economy,” the CEO stated.

He added that the new trade restrictions could significantly impact Centravis’s production figures in the second half of the year. The market for seamless stainless steel pipes is quite conservative, and finding and attracting new customers in other regions takes time. One consequence of the new trade restrictions was the company’s decision to mothball its production facility in Uzhhorod—which is largely geared toward EU customers—starting September 1.

At the same time, the company plans to continue diversifying its supply geography by stepping up its efforts in the U.S., Latin American, and Middle Eastern markets, where Centravis has sales offices.
As previously reported, Centravis increased its pipe production by 6% in Q1 2026—from 3,210 metric tons in the first quarter of 2025 to 3,400 metric tons in the first quarter of 2026. Export volumes grew even more—by 10%, from 1.24 billion UAH to 1.37 billion UAH. The company also increased its tax payments to budgets at various levels.

In the first three months of 2026, “Centravis” paid 170.6 million UAH in taxes, which is 19% more than during the same period last year.
In 2025, the company produced 13.77 thousand metric 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 ranks among the top ten largest manufacturers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovsk Oblast). 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 of LLC “Production and Commercial Enterprise ‘YUVIS’.” Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine PJSC.

, , , ,