Business news from Ukraine

Business news from Ukraine

Centravis increased production by nearly 6% in first quarter

14 May , 2026  

Centravis Production Ukraine (Nikopol, Dnipropetrovsk Oblast), a subsidiary of Centravis Ltd., reported an increase in production and financial performance for January–March of this year compared to the same period last year.

According to a press release on Thursday, the company’s production volume rose by nearly 6%—from 3,210 tons in the first quarter of 2025 to 3,400 tons in the first quarter of 2026.

Export volume grew even more—by 10%, from UAH 1.24 billion to UAH 1.37 billion.

The company also increased tax payments to budgets at various levels. In the first three months of 2026, Centravis paid UAH 170.6 million in taxes, which is 19% more than in the same period last year.

“I believe we achieved a good result in the first quarter, especially given the harsh winter and the persistently difficult security situation in Nikopol. We are very grateful to our team and the Ukrainian Armed Forces for this. We will continue to do what we do best—develop production and strengthen our position in the global market,” said Yuriy Atanasov, CEO of Centravis.

In 2025, the company produced 13,770 tons of products. Nearly the entire volume is exported to foreign markets. The company’s main markets remain Europe, the U.S., and the Middle East.

Centravis’s production facilities are located in Nikopol and Uzhhorod. The company also has sales offices in the U.S., Germany, Italy, Switzerland, Poland, and the United Arab Emirates.

As previously reported, the company planned to increase production to 15,000 tons in 2025.

Centravis was founded in 2000 and is among the top ten largest manufacturers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovsk region). In 2023, the company opened a branch in Uzhhorod.

Centravis Ltd. was established on the basis of CJSC “Nikopol Stainless Steel Pipe Plant” and the service and trading companies 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.

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