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.
Centravis Production Ukraine, a part of Centravis Ltd. holding, has agreed to regularly supply seamless stainless steel pipes to Voss Fluid, a German company specializing in hydraulic connections.
According to a press release on Wednesday, Ukrainian seamless pipes are used to produce connections with a high degree of leakage protection even in the most difficult operating conditions, in particular, in projects using hydrogen and compressed natural gas.
It is explained that Voss Fluid has now developed and patented a special hydrogen hydraulic connection. Centravis mainly supplies pipes for such projects.
“We have a systematic cooperation, as our German colleagues need consistent quality and a reliable supplier. The annual supply volume is measured in tens of tons. We expect that the number of orders in this segment will grow over time, as hydrogen projects become more popular every year,” said Viktor Chernetskyi, Key Account Manager at Centravis.
It is worth reminding that Centravis, together with the French company Duncha France, has become a participant in a project to produce hydrogen-powered cars in the EU. For its implementation, Centravis has developed a line of high-precision seamless stainless steel pipes H2FIT. They will be installed in light trucks and will help comply with EU regulations under the zero-carbon initiative.
Earlier it was reported that in the first half of 2024, Centravis increased production by 9% to 6.88 thousand tons of seamless stainless steel pipes. In 2023, the company produced 12.2 thousand tons of such pipes. More than 99% of this volume was exported to 38 countries.
Germany, Italy and the United States are among the largest consumers of Ukrainian seamless 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.
Centravis Production Ukraine, a part of Centravis Ltd.
“This month marks a turning point for Centravis: we are introducing our latest innovation – the launch of Balev 304L® and Balev 316L®. These innovative steel grades are designed specifically for high-pressure environments and mark a step forward in our product offering,” said Artem Atanasov, Centravis’ Sales Director, in a letter to customers.
According to him, thanks to the patented heat treatment technology, Balev 304L® and Balev 316L® provide superior strength and corrosion resistance, making them ideal for critical applications in aerospace hydraulic systems, automotive fuel injection and other demanding industrial environments.
These materials are designed to outperform traditional duplex stainless steel, ensuring optimum performance even in the most demanding environments, Atanasov said.
“I would also like to report on the stability of Centravis’ operations. The power and water supply remain stable, which ensures the smooth operation of our company,” emphasized the Sales Director.
“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, increased pipe production by 14% year-on-year to 3.2 thousand tons from 2.8 thousand tons in January-March this year.
According to a press release on Wednesday, citing Andriy Krasiuk, the company’s production director, the company has reached a good production rate.
“We are doing our best not to slow down and, most importantly, not to stand still. Despite the difficult situation in the country, we continue to invest in new developments. Recently, our team took part in the international Tube exhibition in Düsseldorf. We received a lot of interesting information from there. We are analyzing global trends and preparing to process requests from potential customers,” said Krasiuk.
As reported, Centravis increased production by 12% to 12.2 thousand tons in 2023. More than 98% of its products are exported.
“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.
Nikopol-based seamless stainless steel pipe manufacturer Centravis increased its production to 12.2 thousand tons in 2023, up 12% year-on-year. However, the production situation may deteriorate if the government does not start paying back VAT arrears.
Almost all the products were exported. In total, in 2023, the company exported seamless stainless steel pipes to 38 countries. Most of them were shipped to Germany, Italy, and the United States.
The EU countries were in the highest demand, followed by the US market, and then the Asian and Middle Eastern markets. In particular, Centravis has fulfilled orders for companies from Japan, Singapore, Taiwan, Malaysia, South Korea, Oman, the UAE, etc.
“In 2023, we realized that the war could last for a long time and we must be prepared for it. There is no point in postponing something that will make your product better today. Similarly, you should not refuse to enter new markets or stop working with your team. We can’t just stand still and try to get through these difficult days, because we have no idea what the timeframe of the war is. Therefore, we are moving forward, improving our products, working with new projects and clients. I believe that our team passed the year 2023 with dignity,” said Yuriy Atanasov, CEO of Centravis.
Another important achievement of the past year was the opening of a new production facility in Uzhhorod. It specializes in tool pipes for the world’s leading automotive brands (Volkswagen, Audi, BMW, Chevrolet). The total investment amounted to over UAH 50 million. The new plant employs about 100 people, and in 2024 it is planned to expand and build the second stage.
At the same time, there is a big problem that hinders the company as much as the shelling by Russian troops. It is the VAT refund.
“The state’s debt to the company is over €10 million. It has never been like this in 30 years of operation. We won the courts, but a court decision cannot pay salaries and buy raw materials. I hope this issue will be resolved soon, as it is difficult for us to operate under the double pressure of the war and VAT arrears,” emphasized Yuriy Atanasov.
According to Centravis representatives, in 2023, the company took part in a number of notable projects. These include a project to produce hydrogen-powered cars in the EU, construction of the International Thermonuclear Experimental Reactor (ITER), development of onshore oil and gas wells in the United States, and construction of a new power plant in Alabama (USA). The company also represented the Ukrainian industry at the Adipec international exhibition in Abu Dhabi with its own exposition.
Centravis is currently one of the world’s ten largest producers of seamless stainless steel pipes. The company has production facilities in the cities of Nikopol and Uzhhorod, as well as sales offices in countries such as the United States, Germany, Italy, Switzerland, Poland, and the United Arab Emirates, and cooperates with Benteler Automotive, Buhlmann Group, Webco, and others – with various companies on different continents.
Last year, Centravis was ranked among the top 200 leaders in the Ukrainian economy.
