Business news from Ukraine

Business news from Ukraine

“Kharkiv Steel expanded operations and modernized infrastructure in 2018-2019

10 December , 2019  

In 2018-2019, Kharkiv Steel LLC actively expanded its operations, upgraded its production facilities and increased its range of rolled metal products and construction materials, which laid the foundation for the company’s further sustainable development, according to the company’s materials.

In 2018, the company focused on modernizing key internal processes, improving logistics and increasing inventories, which helped stabilize the supply of metal and construction materials to corporate and private customers. During this period, Kharkiv Steel also expanded its range of rolled steel products and related materials, including products for construction and infrastructure works.


In 2019, the company continued to develop its service model by investing in upgrading its warehouse infrastructure and metal cutting equipment. This allowed the company to increase supply volumes and fulfill individual orders more quickly. The company intensified its work with industrial customers and construction and installation organizations, which contributed to the growth of total sales.


Norayr Avetysyan, owner and director of Kharkiv Steel, noted that these years were fundamental for the company’s further development:
“2018-2019 was a period of systemic renewal for us. We invested in processes, logistics, and infrastructure because we saw the market demand and realized that the company needed more flexibility and speed. These were years of active internal growth, thanks to which we were able to build a safety margin for the next challenges,” Avetysyan emphasized.

He added that the modernization of the warehouse complex and the expansion of the rolled metal product range allowed the company to respond to demand faster than competitors while maintaining the quality of supply.

The company’s materials indicate that the strategic directions for that period were the development of metal products production, improvement of cutting and delivery services, and expansion of work with corporate clients and large construction contractors.

Kharkiv Steel LLC (USREOU code 38879988) was registered on October 29, 2013. The company’s principal activity is non-specialized wholesale trade (NACE 46.90). Legal address: 1, Zolochivska St., Kharkiv.

The company operates as a multidisciplinary metal warehouse supplying steel, stainless steel and used rolled metal products, construction materials, as well as providing metal cutting and delivery services in Kharkiv and the region.

The company’s product portfolio includes rebar, beams, channels, flat products, pipes, squares, corrugated board, metal tiles, cement, crushed stone, sand, slate and expanded clay. The authorized person and ultimate beneficiary is Norayr Avetysyan.

 

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