Centravis Production Ukraine (Nikopol, Dnipropetrovska oblast), a member of the Centravis Ltd. holding, supplies seamless stainless steel pipes to Ferrari, a sports car manufacturer in Italy.
According to a press release, the Ukrainian manufacturer has been regularly shipping pipes to the Italian automotive company in recent years. The total volume of deliveries annually amounts to about 10 thousand meters of finished products.
It is also specified that since Ferrari engines are more powerful than those of conventional cars, Italian automakers have special requirements for fuel pipes, in particular, their ability to operate under extremely high pressure, be wear-resistant, not have hidden defects, etc.
Currently, Centravis supplies Ferrari with pipes with wall thicknesses ranging from 3.5 to 5.5 mm, which are used for high-pressure fuel rails.
“Ferrari is a top-level brand. There is no room for error in cooperation with such brands, and we are pleased that we have managed to establish systematic cooperation and prove that Ukrainian quality can meet global standards,” says Artem Atanasov, Centravis Sales Director.
At the same time, it is recalled that in the fall of this year, Centravis announced the fulfillment of a special order for SpaceX (USA).
As reported, in 2023, Centravis increased its production by 12% to 12.2 thousand tons. More than 98% of its products are supplied to foreign markets. The company has exported its products to 38 countries, including Germany, Italy, the USA, Japan, South Korea, the UAE, Oman and others.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine.
Prime Minister Denys Shmyhal said that this year Ukrainian railroad workers have restored more than 700 km of tracks destroyed by the enemy, the government portal website reports.
“Railroad workers not only ensure the movement of passengers and goods, but also restore everything that the enemy destroyed. This year alone, more than 700 kilometers of tracks have been restored,” he said.
It is reported that rolling stock is also being repaired, and new services and new opportunities are being introduced for passengers. “We are implementing ambitious plans for integration into the European railway space,” the Prime Minister added.
The head of government also noted that on the occasion of the Railroader’s Day he got acquainted with the new railcars of Ukrzaliznytsia. It is noted that one of them was repaired at the expense of the company, and the second, which is for children, was created in cooperation with UNICEF.
The Prime Minister also inspected a new modern railcar manufactured by Kryukiv Carriage Works on behalf of the state.
“It is important that Ukrainian companies receive more such orders, as this supports the Ukrainian economy,” the Prime Minister emphasized.
Meanwhile, Shmyhal presented certificates of honor to Ukrainian railroad workers.
“Railways are our arteries of life that connect Ukraine from west to east, from south to north… I congratulate you on your professional holiday and thank you for everything you do for our sustainability and victory,” Shmyhal said.
In January-October 2024, Ukrainian ports increased cargo handling by 78.1% year-on-year to 82.1 million tons from 46.1 million tons, state-owned enterprise (SOE) Ukrainian Sea Ports Authority (USPA) reported on Facebook on Monday.
According to its operational data, the volume of agricultural cargo handling for 10 months of this year reached 50.7 million tons.
Earlier, with reference to the operational data of the USPA, it was reported that in January-September 2024, Ukrainian seaports handled 74 million tons of cargo, while in the same period last year – 41.1 million tons.
According to the release, USPA’s revenue for the first 9 months of this year amounted to UAH 5.2 billion, net profit – UAH 2.2 billion, and UAH 3.1 billion will be paid to the state budget.
It is noted that the company “has achieved a high level of protection of critical infrastructure facilities and its elements – up to 95% in each of the ports of Ukraine.”
“All branches are 100% provided with alternative power sources, which guarantees uninterrupted operation of the ports. During 2023-2024, despite the difficult security situation, there was not a single case of suspension of port operations,” the USPA said in a statement.
It is also noted that the ports of the Danube region remain a reliable alternative route for Ukrainian exports and critical imports and, despite constant hostile shelling, ensure the stable functioning of logistics routes vital to the Ukrainian economy.
Since the beginning of the year, USPA has held 200 strategic meetings with international partners, where it has achieved a number of important results. In particular, a diplomatic initiative to exclude Russia from the Danube Council was successfully implemented.
“Active communication with the world’s leading and domestic media contributed to the formation of strong international support, which resulted in the attraction of technical assistance worth more than UAH 1.56 billion, including critical equipment such as pilot boats, booms, skimmers, construction equipment and generators,” the USPA press service emphasized.
In Ukraine, sunflower prices have approached the historical price maximum of 25-27 thousand UAH/ton of CPT, according to APK-Inform news agency.
“There are already the first small enterprises that have switched from sunflower processing to alternative crops due to high prices, but other oilseeds are not so good,” the analysts said, adding that many processors report the margin is almost non-existent.
Large plants can afford to work in the red for some time, while small processing companies will either have to stop working until the price situation improves or switch to processing other oilseeds, APK-Inform stated.
According to the results of the 2024 admission campaign to vocational education institutions, the most popular professions in Ukraine are cook, car mechanic, electric and gas welder, pastry chef, driver and tractor driver, the Ministry of Education and Science of Ukraine reports.
“The admission campaign to vocational schools ended in October. The most popular professions were cook, car mechanic, electric and gas welder, confectioner, driver and tractor driver. Also, the top nine most sought-after professions on the Ukrainian labor market in terms of the number of vacancies on job search sites include cook, driver, and mechanic,” the Ministry of Education said in a statement.
It is noted that in 2024, more than 94,803 thousand students chose vocational education, and a total of 219,438 people started studying.
The Ministry said that the volume of regional order fulfillment is 92%, which is 4% higher than in 2023 (88%). This demonstrates a positive trend in how institutions are adapting to the needs of local businesses.
According to the report, the leaders among the regions that received the largest number of applications for training under the regional order are: Dnipro region – 5,423 students, Lviv region – 4,829 students, and Kyiv – 4,526 students. Among the regions that received the largest number of applications for state-funded education are: Kharkiv region – 809 students, Odesa region – 435 students, and Khmelnytsky region – 426 students.
Dnipro Switch Plant JSC (DnSZ, Dnipro), a major Ukrainian manufacturer of turnouts for mainline railways, doubled its net profit in January-September to UAH 296.6 million compared to the same period in 2023.
According to the company’s financial report on its website, net sales revenue for the period increased by 47.8% to UAH 1 billion 585 million.
From operating activities, the company earned UAH 394.8 million in profit (up 9.4%), and gross profit amounted to almost UAH 607 million (+19.3%).
According to the company’s report for the first half of the year, its net profit increased by 57.7% to UAH 114.3 million in January-June 2023, while net income increased by 13.6% to UAH 641.3 million.
Thus, in the third quarter of 2024, the plant increased its net profit by 2.4 times year-on-year to UAH 182.4 million, while net revenue increased by 85.8% to UAH 943.6 million.
Founded in 1916, DnSZ currently produces various types of turnouts for mainline and industrial transport, subways, and track superstructure elements.
The company has a full production cycle, including its own design bureau.
The plant ended 2023 with a net profit of UAH 510.86 million, up 52% year-on-year in 2022, with revenue up 77% to UAH 1 billion 790 million.
In 2023, the company shipped 410 turnouts, 2.33 thousand frame rails and 1.59 thousand individual crosspieces.
The share of exports was 10.4%, with the main importing countries being: Germany, the Baltic States, Turkey, and Georgia.
The average number of employees at the plant was 606 at the beginning of this year.
