PrJSC Centravis Production Ukraine, part of the holding Centravis Ltd, in 2022 exported 11.6 thousand tons of seamless stainless steel tubes to 46 countries, reducing shipments in kind by 33% compared with the previous year.
According to the company’s press release on Friday, its revenue last year was EUR125.8 million, down 9% from 2021.
At the same time, it is explained that the decrease in supplies is due to the beginning of a large-scale war and all the consequences caused by the conduct of military operations in Ukraine. In particular, the need to restructure logistics, power shortages, shelling, etc.
At the same time Centravis has kept high volume of production at its main plants and enters top-10 of the largest world manufacturers of seamless stainless tubes, the press release says.
It is also noted that according to Forbes magazine rating, Centravis company (Nikopol, Dnepropetrovsk region) was included in the 50 largest exporters of 2022 – the companies, which, according to the magazine editorial board, “gave the opportunity to the Ukrainian economy to survive”.
“Last year we supplied pipes to 46 countries of the world. Each delivery is a separate story, because after the beginning of the brutal Russian aggression we had to convince our partners that our team is able to fulfill all our obligations. We have adapted, become more stable and continue to develop the company, increase export and support the Ukrainian economy”, – General Director of “Centravis” Yuriy Atanasov said, who is quoted by the press service.
It is specified that “Centravis” delivered more seamless stainless tubes to Germany, Italy and the United States. The greatest demand was for general tubes and pipes for general purposes – 37% of total exports, pipes for machining – 25%, as well as tubes for tool and automotive segments – 24%.
As we reported earlier, in February this year the company opened new production in Uzhgorod, which specializes in tool tubes for the world’s leading automotive brands (Volkswagen, Audi, BMW, and Chevrolet). The total investment amounted to more than 2.7 million euros. The new plant has about 100 employees, but this year it is planned to expand and build the second stage.
“Centravis was founded in 2000 and is among the ten largest manufacturers of seamless stainless steel tubes in the world. Its main production capacities are located in Nikopol (Dnepropetrovsk region). In 2022 the company has realized a number of large-scale orders for such world companies as Benteler Automotive, LINSTER Edelstahlhandel, Rohr Mertel, Buhlmann Group, Webco, MRC. The company employs more than 1400 people.
Holding Centravis Ltd. was created on the base of Nikopol Stainless Tube Works CJSC, service and trade companies Industrial and Commercial Enterprise Yuvis Ltd. Its shareholders are members of the Atanasov family.
Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.
