Business news from Ukraine

“Centravis” increased production of stainless pipes by 12%

20 October , 2023  

“Centravis Production Ukraine”, a part of Centravis Ltd. holding, produced 9.4 thousand tons of seamless stainless steel pipes in January-September this year, up 12.3% year-on-year (8.37 thousand tons).
“We are fighting for every ton, as some potential customers still do not want to deal with Ukrainian producers because of the full-scale war. We have just returned from two international exhibitions – Stainless Steel World in the Netherlands and Adipec 2023 in the United Arab Emirates. The key task of our salespeople is to convince them that the Ukrainian company is capable of performing its work at a high level even in the current environment. This is exactly what we have been doing for almost 1 year and 9 months”, Centravis CEO Yuriy Atanasov commented on the preliminary results of the first nine months of this year, as quoted by the press service.
According to him, production utilization is currently at 65-75% of the pre-war level.
According to a press release on Friday, despite the constant shelling of Nikopol and the area, Centravis continues to develop. In 2023, the company opened a new production facility in Uzhhorod with a total investment of over UAH 50 million and continues to export its products to different regions of the world. In particular, it participates in the implementation of such landmark projects as the construction of the International Thermonuclear Experimental Reactor (ITER).
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), and in 2023 a branch of the company was opened in Uzhhorod.
The company employs over 1400 people.
The company’s supply geography exceeds 50 countries. Currently, Centravis has offices in the United States, Germany, Italy, Switzerland, Poland, and the United Arab Emirates. “Centravis” cooperates with Benteler Automotive, Buhlmann Group, Webco – with various companies on different continents.
Centravis Ltd. holding 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.