Business news from Ukraine

Centravis resumed its production in Nikopol

26 July , 2022  

PJSC Centravis Production Ukraine (Centravis Production Ukraine), part of the Centravis Ltd. holding, has resumed the production process after it was suspended last week due to shelling by Russian invaders of the city of Nikopol, Dnepropetrovsk region, where the company’s assets are located.
“Last week, we suspended production due to the tense situation in Nikopol. The shelling of Nikopol, fortunately, stopped. The employees of Centravis were not injured. The production equipment was not damaged. Today, the company’s team decided to resume production,” said the director of Chief Sales Officer, CSO Artem Atanasov in a letter to clients on Monday.
According to him, the production works in one shift.
In turn, sales managers continue to take orders.
“We are observing all security measures,” Atanasov stressed.
As reported, Centravis last week continued to ship products despite the suspension of production. At the same time, the supply of blanks to the enterprise was stable.
Centravis is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production facilities are located in Nikopol (Dnepropetrovsk region). Included in the top 10 global players, supplies pipes to more than 70 countries from different regions, in particular to Thyssenkrupp, Buhlmann, BMW, Alstom, Linde, Samsung, Volkswagen.
Before the Russian aggression, more than 1,400 people worked at the enterprise.
Holding Centravis Ltd. was created on the basis of CJSC “Nikopol Stainless Pipe Plant”, service and trading companies LLC “Production and Commercial Enterprise “UVIS”. Its shareholders are members of the Atanasov family.
Owned by Centravis Ltd. 100% of the shares of PJSC “Centravis Production Ukraine” is located.

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