Ukrainian businessman Sergiy Tigipko’s Dnipro-based Dneprometiz-TAS LLC plans to build a new hot-dip galvanizing line for steel wire worth $4 million, the company presented the project at the Ukraine Recovery Conference (URC2025) held in Rome on July 10-12.
According to the company’s information in the URC project catalog, the project involves the construction of a new hot-dip galvanizing line to improve operational efficiency and optimize energy consumption, and is a diversification of high-margin products through the production of high-quality thin (0.7-1.6 mm) and medium-diameter (1.8-5.0 mm) wire, including low-carbon, medium- and high-carbon steel grades.
The plant’s capacity is 24 thousand tons per year. New energy-saving equipment is used in the furnace and zinc bath. The project’s strengths include reduced production costs, increased space efficiency, increased production capacity, and strategic investments in the cable industry.
The target market is Europe, North America, and the Middle East.
The project is 100% ready for implementation: pre-project planning has been completed, infrastructure (workshop, power plant and other facilities) has been developed, detailed technical, production and market analyses have been performed, and wire semi-finished products are being produced.
The project will result in a change in the product mix from relatively low-margin fence wires to highly profitable products for the cable industry. The model focuses on efficiency through the gradual decommissioning of old lines to achieve an annual production capacity of 24 thousand tons with an average diameter of 1.6 mm.
The total project budget is $4 million, with $2 million to be raised. Expected financial indicators: net present value (NPV) – $1.5 million, revenue in 2030 – $1.4 million, EBITDA in 2030 – $0.9 million.
The project launch period is three years.
Until 2025, $0.1 million will be invested in the concept development, this year $1.5 million will be needed for design, $2 million in 2026, and $0.4 million for construction in 2027. The start of operation is scheduled for 2027.
It is added that cooperation has already been established with partners in the EU and potential customers in MENA and North America.
As reported, Dneprometiz-TAS increased its net profit by 20.8% year-on-year to UAH 8.936 million in the first half of 2025, while net income increased by 8% to UAH 1 billion 756.245 million.
“In 2024, Dneprometiz-TAS increased its net profit by 47.7% compared to 2023, to UAH 14.197 million from UAH 9.610 million, and net income by 22.7%, to UAH 3 billion 285.688 million. At the same time, the company’s retained earnings amounted to UAH 263.048 million at the end of 2024.
“Dneprometiz-TAS produces hardware products from low-carbon steels. The company’s capacity is 120 thousand tons of products per year.
It is owned by T.A.S. Overseas Investments Limited (Cyprus) owns 98.6578 percent of Dneprometiz LLC.
The authorized capital of Dneprometiz-TAS LLC is UAH 83.480 million.
