Centravis Production Ukraine, a part of Centravis Ltd. holding company, took part in the construction of the International Thermonuclear Experimental Reactor (ITER) by shipping 1,300 meters of seamless stainless steel pipe for the reactor’s retro-reflectors.
According to the company’s press release on Friday, ITER is considered one of the most complex projects mankind is currently working on.
The project itself was started back in the 1980s. It was discussed and prepared for a long time. Finally, the reactor began to be built in 2020 in the south of France. The project involves 35 countries. The facility is planned to be launched in 2025, and it will reach full capacity in 2035.
According to the plan, ITER will produce clean energy through fusion.
Back in the 50s of the last century, scientists suggested that mankind is able to repeat the fusion of hydrogen isotope nuclei, as in the Sun, and get a lot of energy (1 g of thermonuclear fuel can replace 11 tons of coal).
In addition, no debris is left behind after fusion and it has low radioactivity. This type of plant can be four times more efficient than modern nuclear power plants and safer. But to get such energy, special conditions need to be created. In particular, the temperature is 10 times higher than in the core of the Sun.
“Projects like ITER are created for the future of mankind and it is an honor for us to join the cohort of its executors. We are working to ensure that there are more such orders,” said Centravis CEO Yuri Atanasov, who was quoted by the press service.
Earlier “Centravis” took part in the projects on construction of a new nuclear power plant Hinkly Point C in the UK, the largest fresh water storage in the UAE and others.
Centravis was founded in 2000 and is among the top ten largest seamless stainless steel pipe manufacturers in the world. Its main production facilities are located in Nikopol (Dnepropetrovsk region), in 2023 the company opened a branch in Uzhgorod.
The company employs more than 1400 people.
The geography of the company’s supplies exceeds 50 countries of the world. Currently “Centravis” has offices in the USA, Germany, Italy, Switzerland, Poland, United Arab Emirates. “Centravis” cooperates with Benteler Automotive, Buhlmann Group, Webco – with different companies on different continents.
Centravis Ltd. holding was established on the basis of CJSC “Nikopol Stainless Pipe Plant”, service and trading companies of LLC “Production and Commercial Enterprise “YUVIS”. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.
PJSC “Centravis Production Ukraine” (Centravis Production Ukraine), a member of Centravis Ltd. holding, in January-June this year produced 6.73 thousand tons of seamless stainless steel pipes, which is 5.9% more than in the same period last year (6.35 thousand tons).
At the same time, Centravis CEO Yuriy Atanasov, quoted by the company’s press service, noted that even in the conditions of war and its challenges (shelling of infrastructure, disruption of logistics, power outages, undermining of the Kakhovskaya HPP dam), the company aims “not only at survival, but also at further trade expansion around the world”.
It is recalled that this year Centravis opened a new production facility in Uzhgorod with a total investment of more than UAH 50 mln. The branch specializes in tooling tubes for cars of well-known manufacturers.
According to Atanasov, these and other steps are aimed at increasing production volumes in the current and subsequent years and creating conditions for strengthening the company’s sustainability.
“Centravis was founded in 2000 and is among the top ten largest seamless stainless steel pipe manufacturers in the world. Its main production facilities are located in Nikopol (Dnepropetrovsk region), and in 2023 the company opened a branch in Uzhgorod.
The company employs more than 1400 people.
The geography of the company’s supplies exceeds 50 countries of the world. Currently “Centravis” has offices in the USA, Germany, Italy, Switzerland, Poland, United Arab Emirates. “Centravis” cooperates with Benteler Automotive, Buhlmann Group, Webco – with different companies on different continents.
Centravis Ltd. holding was established on the basis of CJSC “Nikopol Stainless Pipe Plant”, service and trading companies of LLC “Production and Commercial Enterprise “YUVIS”. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.
Centravis Production Ukraine PJSC (Centravis Production Ukraine), a part of Centravis Ltd holding, continues to work its main production in Nikopol (Dnipropetrovsk region) at full capacity, as well as increases production output in its branch in Uzhgorod.
“Centravis’ production continues to operate at full capacity, and our hot and cold shops in Nikopol and our production site in Uzhgorod are running smoothly, and all equipment is functioning optimally,” wrote chief sales officer (CSO) Artem Atanasov in a letter to customers last Friday.
He said the logistics team constantly ensures safe and efficient delivery of finished products, with sales offices around the world remaining open and accessible, ready to address any questions or requests.
“I am currently visiting our partners and customers in the United States, and I am pleased to witness the growing trust of our American partners in Centravis in a reliable partnership. This trust is reflected in their willingness to increase orders and find new areas to expand cooperation,” stated the Director of Sales, thanking customers for their support.
“Centravis” was founded in 2000, is one of the ten largest manufacturers of seamless stainless tubes in the world. Its main production capacities are located in Nikopol (Dnepropetrovsk region). In 2022 the company has realized a number of large-scale orders for such world companies as Benteler Automotive, LINSTER Edelstahlhandel, Rohr Mertel, Buhlmann Group, Webco, MRC. The company employs more than 1400 people.
Holding Centravis Ltd. was created on the base of Nikopol Stainless Tube Works CJSC, service and trade companies Industrial and Commercial Enterprise Yuvis Ltd. Its shareholders are members of the Atanasov family.
Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.
PrJSC Centravis Production Ukraine, part of the holding Centravis Ltd, in 2022 exported 11.6 thousand tons of seamless stainless steel tubes to 46 countries, reducing shipments in kind by 33% compared with the previous year.
According to the company’s press release on Friday, its revenue last year was EUR125.8 million, down 9% from 2021.
At the same time, it is explained that the decrease in supplies is due to the beginning of a large-scale war and all the consequences caused by the conduct of military operations in Ukraine. In particular, the need to restructure logistics, power shortages, shelling, etc.
At the same time Centravis has kept high volume of production at its main plants and enters top-10 of the largest world manufacturers of seamless stainless tubes, the press release says.
It is also noted that according to Forbes magazine rating, Centravis company (Nikopol, Dnepropetrovsk region) was included in the 50 largest exporters of 2022 – the companies, which, according to the magazine editorial board, “gave the opportunity to the Ukrainian economy to survive”.
“Last year we supplied pipes to 46 countries of the world. Each delivery is a separate story, because after the beginning of the brutal Russian aggression we had to convince our partners that our team is able to fulfill all our obligations. We have adapted, become more stable and continue to develop the company, increase export and support the Ukrainian economy”, – General Director of “Centravis” Yuriy Atanasov said, who is quoted by the press service.
It is specified that “Centravis” delivered more seamless stainless tubes to Germany, Italy and the United States. The greatest demand was for general tubes and pipes for general purposes – 37% of total exports, pipes for machining – 25%, as well as tubes for tool and automotive segments – 24%.
As we reported earlier, in February this year the company opened new production in Uzhgorod, which specializes in tool tubes for the world’s leading automotive brands (Volkswagen, Audi, BMW, and Chevrolet). The total investment amounted to more than 2.7 million euros. The new plant has about 100 employees, but this year it is planned to expand and build the second stage.
“Centravis was founded in 2000 and is among the ten largest manufacturers of seamless stainless steel tubes in the world. Its main production capacities are located in Nikopol (Dnepropetrovsk region). In 2022 the company has realized a number of large-scale orders for such world companies as Benteler Automotive, LINSTER Edelstahlhandel, Rohr Mertel, Buhlmann Group, Webco, MRC. The company employs more than 1400 people.
Holding Centravis Ltd. was created on the base of Nikopol Stainless Tube Works CJSC, service and trade companies Industrial and Commercial Enterprise Yuvis Ltd. Its shareholders are members of the Atanasov family.
Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.
Centravis Production Ukraine PJSC (Centravis Production Ukraine), part of Centravis Ltd holding, has invested more than UAH 50 mln in its Uzhgorod branch, officially opened in late February and plans further expansion.
According to the company’s Wednesday press release, the new production facility in Uzhgorod specializes in tool pipes for the world’s leading car brands (Volkswagen, Audi, BMW, and Chevrolet).
The total investment amounted to more than UAH 50 million, about 100 employees work at the new plant, but this year it is planned to expand and build the second stage.
“Our team has been nurturing the idea of a new plant for a long time, but the war became the driver of this process and we quickly moved from design to action. The overall goal is to strengthen our position in the global market and strengthen the sustainability of the company,” explains Centravis CEO Yuri Atanasov, who is quoted by the press service.
According to his words, the management was considering different locations for new production – in Ukraine and abroad, but in the end it was decided to start the work in Uzhgorod. Main reasons – desire to invest in their country during hard war time, create jobs for Ukrainian employees and proximity to the western border, which in its turn would help to deliver orders to “Centravis” customers even faster.
Head of production in Uzhgorod Sergey Shadsky noted that this is only the first phase of the plant, and immediately after the opening work on its expansion began. Production in Uzhgorod will not depend on cold production in Nikopol, because the first deformation run can be carried out on the relocated mill KhPT-55 cold rolling directly on the production site in Uzhgorod, but the branch will still receive semi-finished products from the hot production of the main site in Nikopol.
“We plan to complete the works on the second stage of construction by summer, and we are already planning the third stage. We have ambitious plans. We want Uzhgorod to be known as one of the world centers for the production of pipes for cars, “- summarized the head of the new production “Centravis” in Uzhgorod.
As it was reported, official opening of new Centravis’s production site of specialized production of instrument tubes for cars was held in Uzhgorod on February 28.
Also reported that the holding Centravis Ltd re-registered its parent company in Switzerland, replacing the Cypriot location, which is expected to help improve credit rating and attract longer and cheaper money to develop production in Ukraine.
“Centravis was founded in 2000 and is among the ten largest manufacturers of seamless stainless steel tubes in the world. Its main production capacities are located in Nikopol (Dnipropetrovsk region). In 2022 the company has realized a number of large-scale orders for such world companies as Benteler Automotive, LINSTER Edelstahlhandel, Rohr Mertel, Buhlmann Group, Webco, MRC. The company employs more than 1400 people.
Holding Centravis Ltd. was created on the base of Nikopol Stainless Tube Works CJSC, service and trade companies Industrial and Commercial Enterprise Yuvis Ltd. Its shareholders are members of the Atanasov family.
Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.
Centravis Production Ukraine PJSC (Centravis Production Ukraine), a part of Centravis Ltd. holding, has brought its main production in Nikopol to full capacity and at the end of February officially opened its branch on tubes production in Uzhgorod.
“Now Centravis production is working at full capacity. All equipment is working, hot and cold shops,” wrote chief sales officer (CSO) Artem Atanasov in a letter to customers last Friday.
According to him, the company’s logistics team is constantly monitoring the safest ways to deliver finished products to customers. Worldwide sales offices operate in Essen, Milan, Krakow, Lugano, Houston and Dubai.
It is also reported that the new Centravis production site was officially opened in Uzhgorod on Feb. 28, with managers from Italy, Germany, Poland, the U.S. and the UAE, and local and regional authorities in attendance.
“This production site is just a part of our big team, as the main Centravis facilities remain in Dnipropetrovsk region. We are very happy that our production is developing and Ukrainian stainless seamless pipes are in demand all over the world,” – noted in the information of Director of Sales.
As reported, the holding Centravis Ltd. re-registered its parent company in Switzerland, having changed its Cypriot location, which will help to improve credit rating and attract longer and cheaper funds for the development of production in Ukraine.
“Centravis” earlier announced plans to open a specialized production of tool pipes for cars in Transcarpathia.
“Centravis” is among the ten largest manufacturers of seamless stainless steel tubes in the world. In 2022 the company has implemented a number of large-scale orders for such global companies as Benteler Automotive, LINSTER Edelstahlhandel, Rohr Mertel, Buhlmann Group, Webco, MRC. The company employs over 1400 people.
Centravis, founded in 2000, is one of the world’s largest manufacturers of seamless stainless steel pipes. Its production facilities are located in Nikopol (Dnepropetrovsk region).
Holding Centravis Ltd was created on the base of Nikopol Stainless Tube Works CJSC, service and trade companies Industrial and Commercial Enterprise Yuvis Ltd. Its shareholders are members of the Atanasov family.
Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.
