Business news from Ukraine

Business news from Ukraine

“Centravis” transferred to budgets of all levels more than 230 million UAH

Centravis Production Ukraine” Private Joint Stock Company (Centravis Production Ukraine), which is a part of Centravis Ltd. holding, on the results of work in January-October this year transferred to the budgets of all levels more than 230 million UAH.
According to the company’s press release issued on Friday, the most funds were transferred to non-budgetary funds – almost 172 million hryvnias. The local budget was replenished by 41.7 million UAH and the state budget by 16.8 million UAH.
It is recalled that at the end of 2021 Centravis paid almost 283 million UAH to the budgets of all levels. Thus, despite the large-scale war, the company continues to work and fulfill its obligations to the state and local community.
In addition to paying taxes, Centravis provides assistance to the security and defense forces and the war-affected population. In total, the company provided aid worth more than 3.3 million hryvnias and purchased ammunition and protective equipment for the mobilized workers of the company.
“They say there is an inscription on the facade of the U.S. Department of Justice: taxes are the price of civility in society. In our case, taxes are the price of protecting independence and statehood, and this year they are especially nice to pay. We believe that every extra hryvnia will help repel aggression and rebuild Ukraine, “- said General Director of Centravis Yuri Atanasov, quoted by the press service.
“Centravis” is among the ten largest manufacturers of seamless stainless steel tubes in the world. The company’s production is concentrated in Nikopol, which has been under almost daily fire from Russian troops since July this year.
Last year the company realized a number of large-scale orders for such world companies as Benteler Automotive, LINSTER Edelstahlhandel, Rohr Mertel, Buhlmann Group, Webco, MRC. “Centravis works with such famous automobile brands as BMW, Volkswagen, General Motors. Supplies pipes for nuclear power plants, fresh water storage facilities, the International Thermonuclear Experimental Reactor (ITER) and other landmark projects.
“Centravis is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production facilities are located in Nikopol (Dnepropetrovsk region).
Centravis Ltd Holding was created on the base of Nikopol Stainless Tube Works CJSC, service and trading companies of Yuvis Industrial and Commercial Enterprise Ltd. Its shareholders are members of the Atanasov family.
Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.

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“Centravis” has reduced output of stainless tubes by 34.2%

Centravis Production Ukraine PJSC, part of Centravis Holding Ltd, on the results of January-November of this year reduced the production of stainless tubes by 34,2% compared to the same period of last year – down to 10,600 tons from 16,100 tons.
According to the company’s press release on Wednesday, the company’s production in January-November 2022 was nearly 66% of the previous year’s pre-war level, while in monetary terms the company maintained revenue at 90%.
“Despite the difficult situation in the country and Nikopol, we retained the team, customers and production. None of us prepared for wartime operations, but today everyone has to contribute to the victory. Considering all circumstances, we are proud of our results and will continue to work to support the economy and the state,” Centravis General Director Yuriy Atanasov said, who is quoted by the press service.
The press release reminds that the company is among ten largest manufacturers of seamless stainless tubes in the world. According to the results of 2021 production volume of the company was 19,43 thousand tons. Centravis production is concentrated in Nikopol, which has been under almost daily fire from Russian troops since July this year.
At the same time, the company manages to maintain production and fulfill orders of customers from many countries. As of November, the number of employees exceeds 1,400, which corresponds to the pre-war level.
Centravis employees’ average salary is 7,070 hryvnias, 11 percent higher than the industry average.
“We are looking for opportunities, not causes. We think about where to find raw materials, how to improve logistics and speed up delivery to customers, how to produce better pipes. That’s what we’re influencing. We adapt, we learn, we go to exhibitions, we communicate with customers, we are constantly on the move. Our productivity is up about 17% over last year. The company has become more stable and cohesive, and we believe that we can get through this year normally and do a lot next year,” Atanasov emphasized.
Last year the company implemented a number of large-scale orders for such global companies as Benteler Automotive, LINSTER Edelstahlhandel, Rohr Mertel, Buhlmann Group, Webco, MRC. “Centravis works with such famous automobile brands as BMW, Volkswagen, General Motors. Supplies pipes for nuclear power plants, fresh water storage facilities, the International Thermonuclear Experimental Reactor (ITER) and other landmark projects.
“Centravis is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production facilities are located in Nikopol (Dnepropetrovsk region). It ranks among top-10 world players and supplies pipes to more than 70 countries from different regions of the world.
Holding Centravis Ltd was created on the base of Nikopol Stainless Tube Works CJSC, service and trading companies of Yuvis Industrial and Commercial Enterprise Ltd. Its shareholders are members of the Atanasov family.
Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.

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“Centravis” has agreed to supply new batch of seamless pipes to customer from Oman

The agreement was reached during the international exhibition Adipec 2022 in Abu Dhabi, where Centravis presented its products.
We are talking about Petroleum Development Oman (PDO), with which Centravis has been cooperating for a long time. However, after a series of shelling of the territory of Ukraine this autumn, the client from Oman suspended cooperation due to possible security risks.
During the meeting at the exhibition in Abu Dhabi, the representatives of Centravis managed to convince the partners from Petroleum Development Oman in the ability to fulfill the order qualitatively and on time.
“After successful negotiations, we received a new order for the production of almost 20 tons of GTP duplex steel grade pipes,” said Natalia Ryazantseva, Head of Marketing Department.
According to her, Centravis currently uses various forms of communication with customers to ensure a stable order book. In particular, weekly letters with information about production and security situation in the region and the country are published on the company’s website. Also, representatives of Centravis regularly travel to meet with customers, the company participates in international exhibitions. This autumn, Centravis had separate stands at the exhibitions in Maastricht World Stainless Steel and Adipec 2022 in Abu Dhabi.
“In times of war, each order is even more important than in peacetime. We managed to preserve the main backbone of customers and, accordingly, the production volume and team. This is the main achievement and we are doing everything to keep the economic front and help the country”, – said Natalia Ryazantseva.
Centravis is one of the ten largest manufacturers of seamless stainless pipes in the world. The company’s production volume at the end of 2021 amounted to 19.43 thousand tons.
From the first days of the full-scale war against Ukraine, the company joined the support of the rear and the front. 119 employees of the company joined the Armed Forces of Ukraine. Also, funds were allocated for the purchase of necessary materials and equipment for the forces of the security and defense sector – in accordance with the requests received by the company.

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“Centravis” plant works in three shifts and plans to expand production

Centravis Production Ukraine PJSC (Centravis Production Ukraine), part of Centravis Ltd. holding, is provided with electricity in the necessary quantity and works in three shifts.
Artem Atanasov, chief sales officer (CSO), said in a letter to customers Friday that Ukraine continues to be in an active defense against the aggressor country.
“But the situation on the front is changing dynamically. Our Armed Forces are moving closer to Kherson and the Russian military command has announced the withdrawal of troops from the right bank of the Dnieper River. Nevertheless, Ukrainians perceive everything with restraint and this is how it should be in wartime,” states the Sales Director.
According to him, “Centravis” production continues to work effectively, the plant receives electricity without interruption. Key sectors of hot and cold shops continue to work in 3 shifts. All equipment is up and running and production is stocked with all necessary materials.
“Our logistics team is constantly looking for the best and safest ways to deliver finished products. Our sales offices around the world in Essen, Milan, Krakow, Lugano, Houston and Dubai are open,” Atanasov noted.
And he added that Centravis is optimistic about the future.
“After ADIPEC in Abu Dhabi, we got new partnerships and we see a high interest of the world’s leading companies in our products. This allows us to plan to expand our production in the near future,” summarized the top manager.
“Centravis” is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production capacities are located in Nikopol (Dnepropetrovsk region). It ranks among the top 10 world players and supplies pipes to over 70 countries from different regions of the world, in particular to Thyssenkrupp, Buhlmann, BMW, Alstom, Linde, Samsung, and Volkswagen.
Before the Russian aggression the company employed over 1400 people.
Holding Centravis Ltd. was created on the basis of Nikopol Stainless Pipes Plant CJSC, service and trading companies of 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.

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The plant for the production of stainless pipes “Centravis” continues to work

PJSC “Centravis Production Ukraine” (Centravis Production Ukraine), which is part of the holding Centravis Ltd., is provided with electricity in the required quantity and continues to produce stainless steel pipes as part of the fulfillment of customer orders.

As chief sales officer (CSO) Artem Atanasov said in a letter to clients on Friday, Ukraine continues to live in conditions of full-scale war. Currently, the government is working on the restoration of critical infrastructure facilities, which were partially destroyed as a result of shelling by Russian troops.

“Centravis production continues to operate and its efficiency has not suffered. Our key equipment is provided with electricity in full. Production is provided with blanks and all necessary materials,” Atanasov states.

According to him, the logistics team is actively looking for the best and safest ways to deliver finished products. “They manage to organize processes in such a way as to prevent disruptions in the delivery of orders in the future,” says the director of sales.

It is stated that the company’s sales offices operate worldwide in Essen, Milan, Krakow, Lugano, Houston and Dubai.

This week the Centravis team is taking part in the annual exhibition Abu Dhabi International (ADIPEC), which takes place in the United Arab Emirates.

“Centravis” is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production facilities are located in Nikopol (Dnepropetrovsk region). It is included in the top 10 global players, supplies pipes to more than 70 countries from different regions, in particular to Thyssenkrupp, Buhlmann, BMW, Alstom, Linde, Samsung, Volkswagen.

Before the Russian aggression, more than 1,400 people worked at the enterprise.

Holding Centravis Ltd. was created on the basis of CJSC “Nikopol Stainless Pipe Plant”, service and trading companies LLC “Production and Commercial Enterprise “UVIS”. Its shareholders are members of the Atanasov family.

Owned by Centravis Ltd. 100% of the shares of PJSC “Centravis Production Ukraine” is located.

Centravis continues to work in two shifts

PrJSC Centravis Production Ukraine (Centravis Production Ukraine), which is part of the holding Centravis Ltd., operates two lines for the production of pipes under shelling in Nikopol, where the company’s assets are located.

“Centravis production continues to operate. Hot and cold shops continue to work in 2 shifts. All key equipment is working. Production is provided with blanks and all necessary materials,” said Artem Atanasov, Sales Director (Chief Sales Officer, CSO), in a letter to customers.

At the same time, he noted that the logistics team of the enterprise is actively working and is constantly looking for the best and safest ways to deliver finished products.

Sales offices around the world in Essen, Milan, Krakow, Lugano, Houston and Dubai are open, the top manager emphasized.

Centravis is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production facilities are located in Nikopol (Dnepropetrovsk region). Included in the top 10 global players, supplies pipes to more than 70 countries from different regions, in particular to Thyssenkrupp, Buhlmann, BMW, Alstom, Linde, Samsung, Volkswagen.

Before the Russian aggression, more than 1,400 people worked at the enterprise.

Holding Centravis Ltd. was created on the basis of CJSC “Nikopol Stainless Pipe Plant”, service and trading companies LLC “Production and Commercial Enterprise “UVIS”. Its shareholders are members of the Atanasov family.

Owned by Centravis Ltd. 100% of the shares of PJSC “Centravis Production Ukraine” is located.