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.
Centravis Production Ukraine PJSC (Centravis Production Ukraine), a part of Centravis Ltd. holding, has brought its main production in Nikopol to full capacity and intends to officially open its pipe production branch in Uzhgorod at the end of February.
“Centravis production is now running at full capacity. This is very valuable, so we use this opportunity to the maximum. All equipment is working, hot and cold shops are operating. We met the production plan for January and have an optimistic outlook for the current month,” Artem Atanasov, chief sales officer (CSO), wrote in a letter to customers last Friday.
According to him, the company will officially open a new production facility in Uzhgorod at the end of February. “We are recording interest in our products from customers, so expanding production in these conditions is an important and necessary step,” the sales director said.
As it was informed, the holding Centravis Ltd. re-registered its parent company in Switzerland, having changed its Cypriot location, which will help to improve credit rating and to attract longer and cheaper funds for the development of production in Ukraine.
“Centravis” plans in the beginning of 2023 to open in Zakarpattya region specialized production of tool tubes for automobiles.
“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 (Dnipropetrovsk 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.
Centravis Production Ukraine PJSC (Centravis Production Ukraine), which is a part of Centravis Ltd. holding, is working at full capacity due to electricity supply for production needs.
According to Artem Atanasov, chief sales officer (CSO), in a letter to customers last Friday, Centravis production is operating efficiently after the overhaul of the press line.
“This (last – IF-U) week we got our production up and running at full capacity. Our key equipment is fully energized, the hot shop and the cold shop are running. All equipment is working and production is supplied with all the necessary materials,” stated the Director of Sales.
He also said that the logistics team constantly monitors the safest ways of delivering finished goods. The company has sales offices around the world in Essen, Milan, Krakow, Lugano, Houston and Dubai.
“We are ending this year with good results. “Centravis produced more than 10,000 tons of seamless pipe in 11 months. We paid more than 230 million UAH in taxes for 10 months of 2022. During this year we participated in three international exhibitions and we are proud that we are among the world leaders (in production of stainless tubes – IF-U). We achieved this thanks to the support of our customers, our team and partners,” Atanasov emphasized.
“Centravis is among the ten largest manufacturers of seamless stainless steel pipes in the world. The company’s production is concentrated in Nikopol, which since July of this year has been under almost daily fire from Russian troops.
In 2021 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. “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 Uvis Industrial and Commercial Enterprise Ltd. Its shareholders are members of the Atanasov family.
Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.
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.
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.
