Business news from Ukraine

Business news from Ukraine

“Centravis” transferred to budgets of all levels more than 230 million UAH

9 December , 2022  

Centravis Production Ukraine” Private Joint Stock Company (Centravis Production Ukraine), which is a part of Centravis Ltd. holding, on the results of work in January-October this year transferred to the budgets of all levels more than 230 million UAH.
According to the company’s press release issued on Friday, the most funds were transferred to non-budgetary funds – almost 172 million hryvnias. The local budget was replenished by 41.7 million UAH and the state budget by 16.8 million UAH.
It is recalled that at the end of 2021 Centravis paid almost 283 million UAH to the budgets of all levels. Thus, despite the large-scale war, the company continues to work and fulfill its obligations to the state and local community.
In addition to paying taxes, Centravis provides assistance to the security and defense forces and the war-affected population. In total, the company provided aid worth more than 3.3 million hryvnias and purchased ammunition and protective equipment for the mobilized workers of the company.
“They say there is an inscription on the facade of the U.S. Department of Justice: taxes are the price of civility in society. In our case, taxes are the price of protecting independence and statehood, and this year they are especially nice to pay. We believe that every extra hryvnia will help repel aggression and rebuild Ukraine, “- said General Director of Centravis Yuri Atanasov, quoted by the press service.
“Centravis” is among the ten largest manufacturers of seamless stainless steel tubes in the world. The company’s production is concentrated in Nikopol, which has been under almost daily fire from Russian troops since July this year.
Last year the company realized a number of large-scale orders for such world companies as Benteler Automotive, LINSTER Edelstahlhandel, Rohr Mertel, Buhlmann Group, Webco, MRC. “Centravis works with such famous automobile brands as BMW, Volkswagen, General Motors. Supplies pipes for nuclear power plants, fresh water storage facilities, the International Thermonuclear Experimental Reactor (ITER) and other landmark projects.
“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).
Centravis Ltd Holding was created on the base of Nikopol Stainless Tube Works CJSC, service and trading companies of Yuvis Industrial and Commercial Enterprise Ltd. Its shareholders are members of the Atanasov family.
Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.

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