Business news from Ukraine

Business news from Ukraine

Centravis resumed its production in Nikopol

PJSC Centravis Production Ukraine (Centravis Production Ukraine), part of the Centravis Ltd. holding, has resumed the production process after it was suspended last week due to shelling by Russian invaders of the city of Nikopol, Dnepropetrovsk region, where the company’s assets are located.
“Last week, we suspended production due to the tense situation in Nikopol. The shelling of Nikopol, fortunately, stopped. The employees of Centravis were not injured. The production equipment was not damaged. Today, the company’s team decided to resume production,” said the director of Chief Sales Officer, CSO Artem Atanasov in a letter to clients on Monday.
According to him, the production works in one shift.
In turn, sales managers continue to take orders.
“We are observing all security measures,” Atanasov stressed.
As reported, Centravis last week continued to ship products despite the suspension of production. At the same time, the supply of blanks to the enterprise was stable.
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.

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One of world’s largest manufacturers of seamless stainless pipes “Centravis” stopped production

PJSC Centravis Production Ukraine (Centravis Production Ukraine), part of the holding Centravis Ltd., suspended the production process last week due to shelling by Russian invaders of the city of Nikopol, Dnepropetrovsk region, where the company’s assets are located.
“The Russians continue their terror against the civilian population of Ukraine, the shelling of civilian infrastructure. Nikopol was no exception. The employees of Centravis were not injured. The production equipment was not damaged,” Chief Sales Officer (CSO) Artem Atanasov said in a letter to customers in Friday.
According to him, at the time of the escalation, the administration of Centravis took additional security measures to protect employees and their families.
“We continue to ship products. The main production was temporarily stopped this week, but we plan to restart it on Monday, July 25,” the sales director stated.
At the same time, he noted that the supply of blanks to the enterprise is stable. “We continue to accept orders, there is an opportunity to place orders for September and beyond,” Atanasov said.
He added that the logistics team is actively working and constantly looking for better and safer ways to deliver finished products. Sales offices around the world in Essen, Milan, Krakow, Lugano, Houston and Dubai are open, financial and administrative customer support departments also continue to work.
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.

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“CENTRAVIS” BEGINS SUPPLYING PIPES TO GERMAN COMPANIES

PJSC Centravis Production Ukraine (Centravis Production Ukraine), which is part of the Centravis Ltd. holding, after quality approval, supplied stainless steel pipes of the German companies Buhlmann and Bilfinger, intended for use in the nuclear industry.
According to a press release from the company on Wednesday, the pipe acceptance procedure was carried out in Germany.
It is noted that the Buhlmann group of companies is a premium company selling steel pipes, pipe fittings and accessories worldwide, and Bilfinger is a European company specializing in civil and industrial construction, design, services, located in Germany.
“Final inspection of the last lines of the Hinkley Point C BOP order has been completed. Hinkley Point C is a 3200 MW nuclear power plant consisting of two units, the plant is under construction in Somerset, England. The Hinkley Point C nuclear power plant is of great importance for the UK in terms of reducing emissions carbon.”, – stated in a press release.
In addition, it is specified that the electricity produced by the two EPR reactors will prevent the emission of carbon dioxide at the level of 9 million tons annually. Mechanical properties, metal structure and resistance to intergranular corrosion fully meet the requirements used in the nuclear industry. The auditors also had no comments on the document flow and its quality.
“You managed to complete all the remaining work and provide us with full support in the export of products from Ukraine. We greatly appreciate the stable and reliable communication with you and your team over the past few weeks,” said Jan Paul Godhoff, director of international projects at Buhlmann.
In turn, Centravis Sales Director Artem Atanasov stressed that Ukraine is now going through difficult times, and participation in major global projects is the company’s support from European colleagues.
“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.

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DNIPROSPETSSTAL LAUNCHES PRODUCTION TO SUPPLY STAINLESS STEEL TO CENTRAVIS

Dniprospetsstal electrometallurgical plant (Zaporizhia) has begun a gradual launch of production, including for the purpose of supplying stainless steel to PrJSC Centravis Production Ukraine, which is part of holding Centravis Ltd.
Chief Sales Officer (CSO) Artem Atanasov said in a letter to Centravis customers that the company is experiencing a positive trend in the supply of pipe billets for production.
“Dniprospetsstal, our main billet supplier, is gradually launching production, and in the near future we expect stable supply volumes,” Atanasov stated.
According to him, Centravis is operating normally, both in hot and cold shops. At the same time, in the hot production, all actual performance indicators are higher than planned, in the cold shop, several lines operate at the level of stable operation before the war.
The sales director recalled that the plant began to offer products and take orders.
“Your continued support (from customers) is extremely important to us at this stage. Buying pipes from Centravis means that you support the restart of the Ukrainian economy, which is now more important than ever. Our logistics team is actively working and constantly looking for better and safer ways for delivery of finished products,” Atanasov emphasized, adding that the company is actively preparing for participation in the Tube&Wire exhibition, which will be held in Dusseldorf on June 20-24.
Centravis is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production facilities are located in Nikopol (Dnipropetrovsk region). It is included in the top 10 world players. Before the Russian aggression, more than 1,400 people worked at the enterprise.

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“CENTRAVIS” INCREASES OUTPUT OF PIPES DUE TO IMPROVED SUPPLY OF BILLETS

PJSC Centravis Production Ukraine (Centravis Production Ukraine), part of the holding Centravis Ltd., has increased the production of pipes due to improved supplies of billets.
“The situation in production has slightly improved compared to last week. The extrusion line is running, the time for repairs has been reduced, as there is a positive trend in the receipt of the billet. The situation in the cold shop is also stable. Some of the mills have been launched due to the availability of billets, and the operation of two annealing furnaces has been resumed” , – stated in a letter from Chief Sales Officer (CSO) Artem Atanasov to Centravis customers on Friday.
According to him, the emphasis in production is on the production of pipes for instrumentation and automotive industry, but also heat exchange pipes and pipes for general purposes. There are no deviations in quality and metal consumption.
At the same time, it is noted that the logistics team of the company is constantly looking for the best and safest ways to deliver finished products to consumers. Members of the Board of Directors Yuriy Atanasov, Andrey Krasyuk, Oleksandr Joseph, Artem Atanasov remain in Ukraine and continue to work. Sales offices of “Centravis” around the world in Essen, Milan, Krakow, Lugano, Houston and Dubai are also open, financial and administrative departments, customer support work.
“We are pleased to inform you that the current EU protective measures against Ukraine will soon be lifted, which will allow Centravis to export its tubular products to the EU without paying a 25% protective duty indefinitely. The EU regulation in this regard will be officially approved in the near future and we expect it to be published in the Official Journal during May 2022,” Atanasov wrote.
“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 world players. 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.

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CENTRAVIS PLANS TO INVEST EUR 10 MLN IN 2022

PrJSC Centravis Production Ukraine, part of Centravis Ltd., intends to invest EUR 10 million in the renewal of production and expansion of capacities in 2022, as well as in improving energy efficiency, while in 2021 it used EUR4 million of investments, Yuriy Atanasov, the CEO of Centravis, said during an online press conference. According to him, capital investments in 2020 amounted to EUR2 million. “For 2021, it was planned to invest EUR 7.5 million, but used EUR 4 million. We implemented several landmark projects – we were able to launch our own boiler houses to provide steam and heat production, thanks to which gas costs halved. We also invested in the renewal of pickling sites – we are leaving from aggressive technologies, plus a reduction in energy costs. Some of the projects have been transferred to 2022. We also intend to invest in additional capacities,” Atanasov explained.
The company in 2021 received income in the amount of EUR140 million, for 2022 the plan is EUR200 million. At the same time, the CEO specified that the growth in income is mainly due to rising prices.
The top manager pointed to three important factors that took place in 2021: a sharp recovery in the market and a “hysterical” increase in demand.
“Markets have moved into a state of activity very quickly since the end of 2020. And it was difficult – we were not ready for this. The second factor – a sharp unwinding of inflation, rising prices for energy resources, for materials, for our raw materials – there was a catastrophically sharp increase in prices. And we had to take this into account in our work. The third factor is how we work to expand our capacities. We did not use an extensive method, we did not increase hiring of personnel, but went along the path of increasing efficiency. And we are directing investments towards systemic expansion of capacities. This determined our actions last year,” the CEO explained.
The head of the enterprise noted that the company is optimistic about 2022 and the future.
“Centravis strengthened its position as a reliable supplier. And the markets are diversified – Europe, Asia, and the Russian market is less and less,” Atanasov stated.
Centravis is one of the world’s largest manufacturers of seamless stainless pipes, founded in 2000. Its production facilities are located in Nikopol (Dnipropetrovsk region). It is included in the top ten global players. The company employs more than 1,400 people.

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