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.
Structure of foreign exchange reserves as of 31.07.2024
Open4Business.com.ua
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.
In Uzbekistan, the Trade Development Company (TDC) will reimburse transportation costs for exports of fruit and vegetable products.
According to the Chamber of Commerce and Industry of the Republic of Uzbekistan, the funds are provided to exporting companies after the products are shipped abroad by air. The amount of payments depends on the country of destination and the volume of goods.
For deliveries to China or Afghanistan, 13% of the cost will be paid. For exports to other countries (except those bordering Uzbekistan), the compensation will be 15%.
The CRT was established by a presidential decree and is managed by the Chamber of Commerce and Industry. It is responsible for the distribution of funds from the Trade Promotion Fund, in particular for export subsidies.
The organization covers the costs of transportation, renting foreign offices, warehouses, retail space, insurance, and advertising. It also helps businesses establish cooperation with foreign brands and attract foreign specialists.
fruit and vegetable exports, trade development, transportation costs, UZBEKISTAN
