Centravis Production Ukraine, a part of Centravis Ltd. holding, is completing the development of a line of pipes made of duplex and super-duplex steel with increased corrosion resistance as part of its research and development division Centravis R&D and plans to offer them to the market in the third quarter of 2025.
“Centravis R&D is finalizing the development of a line of duplex and super duplex steel (Duplex and Super Duplex) designed for superior corrosion resistance and performance characteristics that exceed industry standards. After specialized internal processing, these advanced alloys will offer unparalleled durability for demanding applications,” the first issue of Centravis Seamless Continuity 2025, which highlights the company’s achievements, said.
It is reported that despite the challenging market environment, Centravis achieved double-digit sales growth, exceeding 14 thousand tons in total sales. The company continues to strengthen its leadership in key areas, in particular in the segments of automotive and tool pipes, nuclear energy pipes, and hollow bars. At the same time, Centravis is expanding its product portfolio with solutions for hydrogen and high-pressure applications, developing new nickel alloys for harsh environments, and introducing Balev® steel, an innovative alternative to standard grades.
During the year, Centravis expanded its global presence to 40 countries, including Bosnia and Herzegovina, Denmark, Lithuania, Luxembourg, Sweden, Kuwait and Singapore among the new export destinations.
It is noted that the company prioritizes markets with high growth potential, in particular in North America, Asia Pacific and the Middle East.
It is also reported that Centravis, together with a neighboring production facility, has created an additional power supply line to increase the energy resilience of the enterprise.
“In addition, we have invested in protective structures for electrical transformers, ensuring that they can withstand potential attacks on energy infrastructure,” the company reports on the measures taken to ensure continuous production.
It is also stated that in December 2024, the company received 926 tons of billets from seven suppliers from Ukraine, Europe and Asia as part of the supply of billets and material support. An order has also been placed for additional pipe billets to replenish stocks of alloy 625.
In terms of logistics, the company notes that transit time for deliveries to Europe remains stable. Thus, deliveries to unloading points in Germany usually take up to one week, the maximum delivery time to the final unloading point remains at 10 days, and the same timeframe applies to most destinations in Western Europe.
In addition, the company cooperates with specialized carriers for oversized pipes up to 25 m in length, which allows it to offer more competitive prices and customized logistics solutions.
At the same time, Centravis uses sea freight transportation, continuing to use various European ports.
“In urgent situations, we can use air transportation to any European airport. We also continue our special initiative “Germany and Italy”. The Fast Lane program is designed to ensure that customers receive the steel products they need faster than ever before. This service optimizes production and delivery schedules, providing faster turnaround times for urgent projects in Germany and Italy,” the statement said.
As reported, Centravis increased its production of seamless stainless steel pipes by 12.6% in 2024 compared to 2023, up to 13.7 thousand tons. Centravis exported almost all of its products.
The company plans to increase production to 15 thousand tons in 2025.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine.
Centravis Production Ukraine (Nikopol, Dnipropetrovska oblast, Ukraine), a part of Centravis Ltd. holding, increased production of seamless stainless pipes by 12.6% in 2024 compared to 2023, to 13.7 thousand tons.
This is almost the same growth rate as in 2023, when the company increased production by 12%, Centravis CEO Yuriy Atanasov said during an online press conference on Tuesday. Centravis exported almost all of its products, with exports totaling 13.7 thousand tons.
“Nikopol district is a unique city. It has difficult working and living conditions. And 2024 was another year of escalating hostilities. A huge number of drones are killing our city, targeting the infrastructure to cut off water and electricity. Our constant priority is to resume work after each attack,” said Atanasov.
At the same time, the CEO drew attention to the inadequate response to the situation at the enterprise: “There are a lot of promises, but no concrete actions. There are no decisions on lending to the company, no one is going to provide a commodity loan.”
“The second issue is booking. No one comes to Nikopol. We have constant demands for mobilization, but 50% booking is not enough. And the last problem is litigation with the authorities, with the tax office, regarding VAT refunds. There are court decisions that the government does not enforce, the state ignores the decisions. There are only promises,” the CEO stated.
He clarified that the company cannot refund more than EUR 6 million of VAT to finance its operations. “At the same time, we increase our production by about 10% annually. And we not only survive in such difficult conditions, but also advance our strategic projects.
The company plans to increase production to 15 thousand tons in 2025.
Centravis CFO Alexander Joseph said that the company invested EUR 3 million in production in 2023, EUR 2 million in 2022, and plans to invest EUR 4 million in 2025.
According to the information note, the top 5 countries consuming Ukrainian seamless pipes made by Centravis are Germany, the United States, Italy, Austria, and Spain. In total, Centravis exported its products to 39 countries, including Oman, South Korea, Australia, Uruguay, etc.
“It takes a lot of work to achieve a positive result, and even more to maintain the growth rate for the second year in a row, especially in such a difficult time as now and not far from the front line. But our team gives 100% and even more. That is why we have such results and continue to grow,” said Centravis CEO.
According to him, in addition to quantitative indicators, the company managed to make many qualitative changes and implement interesting and notable projects last year. In particular, Centravis produced 28 tons of pipes by special order for SpaceX. The company also received an order for seamless pipes for a new hydrogen production plant in Ulsan, South Korea. The company continued cooperation with Ferrari, a sports car manufacturer, and completed several large orders for the US market.
Traditionally, Centravis represented the Ukrainian industry with its own exposition at the international exhibition Adipec in Abu Dhabi.
“We are not resting on our laurels. Our medium-term priorities include increasing the share of innovative products in our portfolio, i.e. those that would be protected by intellectual property rights and effectively solve our customers’ problems. We will continue to work and do our best to help the country survive and preserve opportunities for post-war development,” Atanasov said.
Last year, Centravis paid UAH 564.7 million in taxes and duties, or UAH 16 million more than in the previous year.
As reported, in 2023, Centravis increased its production by 12% to 12.2 thousand tons. More than 98% of its products are exported.
Currently, Centravis is one of the world’s ten largest producers of seamless stainless steel pipes.
“Founded in 2000, Centravis is one of the world’s ten largest producers of seamless stainless steel pipes. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine.
Centravis Production Ukraine (Nikopol, Dnipropetrovs’k region), a member of Centravis Ltd. holding, has agreed to supply a new batch of stainless steel pipes to South Korea for the largest hydrogen production plant.
According to a press release on Monday, Centravis has received an order for seamless pipes for a new hydrogen production plant in the South Korean city of Ulsan.
It is specified that the volume of delivery is 15 tons, and the client from South Korea ordered pipes for furnaces.
The company noted that Centravis has previously fulfilled orders for hydrogen projects. In particular, the Ukrainian company became a participant in a project to produce hydrogen-powered cars in the EU.
“Centravis has also agreed to supply seamless pipes from a German company specializing in hydraulic connections for the production of hydraulic connections with a high degree of leakage protection, in particular in projects using hydrogen and compressed natural gas.
“We are actively working in the Asian and Middle Eastern markets. And this contract is another step forward for us, especially since the construction of a hydrogen production plant has already become a landmark project for South Korea and the entire region,” said Artem Atanasov, Centravis Sales Director.
The construction of the Ulsan plant is expected to be completed in 2026. Its capacity will be 92,000 cubic meters per hour, or 8.2 tons. The volume of investments is about $157 million. It will be the largest hydrogen production plant in South Korea.
The press release states that Ulsan has become the center of the country’s hydrogen industry. Hyundai Motor and local authorities have recently agreed to create a hydrogen ecosystem in the city. In particular, the Korean automotive manufacturer presented a prototype of a hydrogen tram with a range of up to 150 km and a refueling time of up to 10 minutes.
The city recently unveiled the world’s first complex of “hydrogen apartments” that uses electricity and heat from hydrogen fuel cells, which provides significant savings in electricity costs.
As reported, in 2023, Centravis increased its production by 12% to 12.2 thousand tons. More than 98% of its products are supplied to foreign markets. The company has exported its products to 38 countries, including Germany, Italy, the USA, Japan, South Korea, the UAE, Oman, and others.
Today, Centravis is among the world’s ten largest producers of seamless stainless steel pipes.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Steel Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares of Centravis Production Ukraine.
Centravis Production Ukraine (Nikopol, Dnipropetrovska oblast), a member of the Centravis Ltd. holding, supplies seamless stainless steel pipes to Ferrari, a sports car manufacturer in Italy.
According to a press release, the Ukrainian manufacturer has been regularly shipping pipes to the Italian automotive company in recent years. The total volume of deliveries annually amounts to about 10 thousand meters of finished products.
It is also specified that since Ferrari engines are more powerful than those of conventional cars, Italian automakers have special requirements for fuel pipes, in particular, their ability to operate under extremely high pressure, be wear-resistant, not have hidden defects, etc.
Currently, Centravis supplies Ferrari with pipes with wall thicknesses ranging from 3.5 to 5.5 mm, which are used for high-pressure fuel rails.
“Ferrari is a top-level brand. There is no room for error in cooperation with such brands, and we are pleased that we have managed to establish systematic cooperation and prove that Ukrainian quality can meet global standards,” says Artem Atanasov, Centravis Sales Director.
At the same time, it is recalled that in the fall of this year, Centravis announced the fulfillment of a special order for SpaceX (USA).
As reported, in 2023, Centravis increased its production by 12% to 12.2 thousand tons. More than 98% of its products are supplied to foreign markets. The company has exported its products to 38 countries, including Germany, Italy, the USA, Japan, South Korea, the UAE, Oman and others.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine.
Centravis Production Ukraine, a part of Centravis Ltd. holding, paid UAH 405 million to the budgets of all levels in January-September this year, which is approximately the same as in the same period.
“In terms of calendar days, our company pays about UAH 1.5 million in taxes every day. This is a significant amount and an important result of our entire team,” said Alexander Joseph, CFO of Centravis, as quoted in the company’s press release on Wednesday.
According to him, the company pays great attention to social responsibility and strives to support its employees working in difficult circumstances in frontline Nikopol. In particular, in 2024, the salary level was revised twice, which now averages UAH 27,912.
It is also recalled that in 2023, Centravis transferred UAH 0.56 billion to the budgets of all levels. Thus, the company is expected to pay approximately the same amount of taxes and fees in 2024 as in 2023.
As reported, Centravis increased its pipe production by 8% year-on-year to 10.18 thousand tons in 9M2024 (9.4 thousand tons in 9M2023). The share of exports in total production in 2024 reached 98.9%.
“In 2023, Centravis increased production by 12% to 12.2 thousand tons. More than 98% of its products are supplied to foreign markets. The company has exported its products to 38 countries, including Germany, Italy, the USA, Japan, South Korea, the UAE, Oman, and others.
Today, Centravis is one of the world’s ten largest producers of seamless stainless steel pipes.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine.
PJSC Centravis Production Ukraine, a part of Centravis Ltd. holding, increased pipe production by 8% year-on-year to 10.1 thousand tons in January-September this year (9.4 thousand tons in 9M2023).
According to a press release on Monday, citing Andriy Krasiuk, Chief Operating Officer, Centravis exports almost all of its products mainly to the EU, the US, and the Middle East and Asia.
The share of exports in the volume of production in 2024 reached 98.9%.
“In 2023-2024, we have a stable positive production growth trend. It may look a bit strange against the backdrop of the news from Nikopol, but these figures hide the great work of the entire team. Every day we prove to ourselves, our colleagues and customers that Centravis can operate even in the current conditions,” stated Mr. Krasiuk.
According to him, the company has many projects underway this year. One of them is a completed order for SpaceX.
“We are now preparing for the world-famous ADIPEC-2024 exhibition in Abu Dhabi, where we will have our own stand. We are working, developing, and not resting on our laurels,” said the production director.
As reported, in 2023, Centravis increased its production by 12% to 12.2 thousand tons. More than 98% of its products are supplied to foreign markets. The company has exported its products to 38 countries, including Germany, Italy, the USA, Japan, South Korea, the UAE, Oman, and others.
Today, Centravis is one of the world’s ten largest producers of seamless stainless steel pipes.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares of Centravis Production Ukraine.
