Business news from Ukraine

“Centravis” plans to open a new production facility in Uzhgorod

18 February , 2023  

Centravis Production Ukraine PJSC (Centravis Production Ukraine), a part of Centravis Ltd. holding, has brought its main production in Nikopol to full capacity and intends to officially open its pipe production branch in Uzhgorod at the end of February.

“Centravis production is now running at full capacity. This is very valuable, so we use this opportunity to the maximum. All equipment is working, hot and cold shops are operating. We met the production plan for January and have an optimistic outlook for the current month,” Artem Atanasov, chief sales officer (CSO), wrote in a letter to customers last Friday.

According to him, the company will officially open a new production facility in Uzhgorod at the end of February. “We are recording interest in our products from customers, so expanding production in these conditions is an important and necessary step,” the sales director said.

As it was informed, the holding Centravis Ltd. re-registered its parent company in Switzerland, having changed its Cypriot location, which will help to improve credit rating and to attract longer and cheaper funds for the development of production in Ukraine.

“Centravis” plans in the beginning of 2023 to open in Zakarpattya region specialized production of tool tubes for automobiles.

“Centravis is among the ten largest manufacturers of seamless stainless steel tubes in the world. In 2022 the company has implemented a number of large-scale orders for such global companies as Benteler Automotive, LINSTER Edelstahlhandel, Rohr Mertel, Buhlmann Group, Webco, MRC. The company employs over 1400 people.

Centravis, founded in 2000, is one of the world’s largest manufacturers of seamless stainless steel pipes. Its production facilities are located in Nikopol (Dnipropetrovsk region).

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.