Business news from Ukraine

Business news from Ukraine

“Centravis” has increased output of stainless steel pipes by 5.9%

17 July , 2023  

PJSC “Centravis Production Ukraine” (Centravis Production Ukraine), a member of Centravis Ltd. holding, in January-June this year produced 6.73 thousand tons of seamless stainless steel pipes, which is 5.9% more than in the same period last year (6.35 thousand tons).

At the same time, Centravis CEO Yuriy Atanasov, quoted by the company’s press service, noted that even in the conditions of war and its challenges (shelling of infrastructure, disruption of logistics, power outages, undermining of the Kakhovskaya HPP dam), the company aims “not only at survival, but also at further trade expansion around the world”.

It is recalled that this year Centravis opened a new production facility in Uzhgorod with a total investment of more than UAH 50 mln. The branch specializes in tooling tubes for cars of well-known manufacturers.

According to Atanasov, these and other steps are aimed at increasing production volumes in the current and subsequent years and creating conditions for strengthening the company’s sustainability.

“Centravis was founded in 2000 and is among the top ten largest seamless stainless steel pipe manufacturers in the world. Its main production facilities are located in Nikopol (Dnepropetrovsk region), and in 2023 the company opened a branch in Uzhgorod.

The company employs more than 1400 people.

The geography of the company’s supplies exceeds 50 countries of the world. Currently “Centravis” has offices in the USA, Germany, Italy, Switzerland, Poland, United Arab Emirates. “Centravis” cooperates with Benteler Automotive, Buhlmann Group, Webco – with different companies on different continents.

Centravis Ltd. holding was established on the basis of CJSC “Nikopol Stainless Pipe Plant”, service and trading companies of LLC “Production and Commercial Enterprise “YUVIS”. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.

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