Centravis Production Ukraine (Nikopol, Dnipropetrovsk Oblast), a subsidiary of Centravis Ltd., reported an increase in production and financial performance for January–March of this year compared to the same period last year.
According to a press release on Thursday, the company’s production volume rose by nearly 6%—from 3,210 tons in the first quarter of 2025 to 3,400 tons in the first quarter of 2026.
Export volume grew even more—by 10%, from UAH 1.24 billion to UAH 1.37 billion.
The company also increased tax payments to budgets at various levels. In the first three months of 2026, Centravis paid UAH 170.6 million in taxes, which is 19% more than in the same period last year.
“I believe we achieved a good result in the first quarter, especially given the harsh winter and the persistently difficult security situation in Nikopol. We are very grateful to our team and the Ukrainian Armed Forces for this. We will continue to do what we do best—develop production and strengthen our position in the global market,” said Yuriy Atanasov, CEO of Centravis.
In 2025, the company produced 13,770 tons of products. Nearly the entire volume is exported to foreign markets. The company’s main markets remain Europe, the U.S., and the Middle East.
Centravis’s production facilities are located in Nikopol and Uzhhorod. The company also has sales offices in the U.S., Germany, Italy, Switzerland, Poland, and the United Arab Emirates.
As previously reported, the company planned to increase production to 15,000 tons in 2025.
Centravis was founded in 2000 and is among the top ten largest manufacturers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovsk region). In 2023, the company opened a branch in Uzhhorod.
Centravis Ltd. was established on the basis of CJSC “Nikopol Stainless Steel Pipe Plant” and the service and trading companies LLC “Production and Commercial Enterprise ”YUVIS.” Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine PJSC.
According to preliminary data, Ukrainian steelmakers reduced pig iron production by 0.3% in January–April of this year compared to the same period last year, down to 2.356 million tons.
According to information from the Ukrmetallurgprom association on Monday, 554,000 tons of pig iron were produced in April, 690,200 tons in March, 561,900 tons in February, and 549,900 tons in January.
As reported, Ukraine’s metallurgical enterprises increased pig iron production by 11.2% in 2025 compared to 2024, reaching 7.884 million tons.
In 2024, Ukraine increased pig iron production by 18.1% compared to 2023, reaching 7.090 million tons.
In 2023, Ukraine reduced pig iron production by 6.1% compared to 2022, reaching 6.003 million tons.
In 2022, the country reduced pig iron production by 69.8% compared to 2021, down to 6.391 million tons.
In 2021, before the war, 21.165 million tons of pig iron were produced (103.6%).
PJSC Zaporizhkox, one of Ukraine’s largest producers of coke and coke-chemical products and a member of the Metinvest Group, maintained blast furnace coke production in January–April of this year at the same level as the first four months of last year—281,800 tons.
According to the company, 75,000 tons of coke were produced in April, compared to 77,500 tons in the previous month.
As reported, Zaporizhkox increased its output by 2.7% in 2025 compared to 2024—to 898,300 tons, while in 2024, output increased by 2.1% to 874,700 tons from 856,800 tons in 2023.
Zaporizhkox possesses a full technological cycle for the processing of coke-chemical products.
Metinvest is a vertically integrated mining group. Its main shareholders are the SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.
In 2026, JSC “Ukrenergomashiny” plans to invest approximately 60 million UAH in production development, specifically for the purchase of new equipment, major repairs and modernization of existing equipment, and the provision of technological equipment for workplaces.
“The total planned capital investment for 2026 amounts to UAH 60 million. Funding will be provided from the company’s own funds,” according to the company’s 2025 financial report published in the disclosure system of the National Securities and Stock Market Commission.
In particular, it is planned to allocate UAH 33.5 million in investments to improve the technical level of mechanical assembly, metallurgical, and welding operations, installation work, and equipment modernization; UAH 12.4 million toward the development of auxiliary production and laboratory facilities, office equipment, and tools, and UAH 14 million toward design, research, development, and technological work.
As reported, in 2025, Ukrenergomashiny increased its net revenue by nearly 33% compared to 2024—to 1.06 billion UAH—and its net profit by 3.5 times, to 3.07 million UAH.
According to the report, exports accounted for 70.7% (nearly UAH 770 million), including shipments to Kazakhstan, India, Armenia, Bulgaria, and Hungary.
Last year, in particular, a steam turbine was delivered for the Aksu TPP and power equipment for the Ekibastuz Thermal Power Plant (Kazakhstan), a set of power equipment for the Kozloduy NPP (Bulgaria) and the Armenian NPP, and sets of power (turbine) equipment for the Bandel TPP (India).
Domestic customers were supplied with equipment for the Khmelnytskyi, Rivne, and South Ukraine NPPs, as well as the Dobrotvor, Trypillya, Zmiiv, Kryvyi Rih, Burshtyn, and Darnytsia TPPs, and the Kremenchuk HPP.
Motor equipment was supplied, in particular, to Tatra-Yug LLC (83 traction electric motors), the Kryukiv Electric Locomotive Plant (18 induction generators), and Ukrzaliznytsia (41 induction generators).
JSC “Ukrenergomashiny” (formerly JSC ‘Turboatom’ and “Elektrovazhmash”) is Ukraine’s sole manufacturer of turbine equipment for hydroelectric, thermal, and nuclear power plants. It also manufactures, in particular, electric motors for rail and urban transport (the “Elektrovazhmash” product line).
As of early 2026, the company employed 2,169 people.
At the same time, the report notes that, in accordance with orders from the CEO, under martial law conditions—taking into account the state of production, its supply of material and energy resources, and with the aim of rationally utilizing working hours and financial resources—a part-time work schedule has been established for the company’s employees.
“Employees of JSC ‘Ukrenergomashiny’ work according to schedules based on the company’s needs,” the document states.
Raw milk production in Ukraine in January–March 2026 fell by 10% compared to the same period in 2025—to 1.31 million tons, the Association of Milk Producers (AMP) reported, citing data from the State Statistics Service.
The industry association noted that in March 2026, farms of all categories produced 496,200 tons of milk, which is 10.7% less than in March 2025. At the same time, the industrial sector showed growth: enterprises produced 285,800 tons of raw milk (+4.9%), while private farms saw a 25.8% drop in production to 210,400 tons.
“Milk producers are under pressure from lower purchase prices and rising production costs. The spike in oil prices due to the conflict in the Middle East has led to higher logistics costs. Natural gas prices have also risen, triggering higher prices for nitrogen fertilizers. In particular, urea prices rose by nearly 50% year-over-year due to Iran’s blockade of shipping through the Strait of Hormuz,” the UAM reported.
The association’s analysts emphasized that labor shortages, security risks, energy supply issues, and limited access to credit remained among the key obstacles for businesses in March. The situation is particularly critical in the Kharkiv region, where farmers are forced to evacuate their farms or abandon planting due to constant shelling and the mining of fields.
The UAA emphasized that an additional challenge is adapting to the new requirements of the EU’s Common Agricultural Policy for 2028–2034. The European approach involves moving away from payments per hectare or head of livestock in favor of meeting environmental KPIs (soil protection, biodiversity).
“The new architecture of the EU’s agricultural policy requires Ukrainian producers to incur significant modernization costs. Amid martial law and milk prices below cost, farmers urgently need state support. Currently, 10–15% of small and medium-sized dairy farms are at risk of closure,” the association concluded.
Ukraine and Norway are establishing their first joint production facility for Ukrainian drones. Several thousand mid-strike drones are planned to be manufactured in Norway, with the first deliveries expected by summer, according to the Ministry of Defense’s website.
The agreement was signed in Kyiv by Norway’s Ambassador to Ukraine Lars Ragnar Aalered Hansen and Ukraine’s Deputy Minister of Defense for European Integration Serhiy Boev.
The agreement also provides for the development of comprehensive industrial cooperation, including research.
The project will be funded by the Norwegian side. In total, Norway plans to allocate over $1.5 billion this year to purchase Ukrainian-made weapons for the Ukrainian Armed Forces.
The first systems manufactured in Norway are expected to be delivered to Ukraine as early as this summer.
“Norway gains the opportunity to produce technologies that have proven their effectiveness, while Ukraine receives the drones necessary to seize the initiative on the front lines. This is a true win-win partnership,” noted Ukrainian Defense Minister Mykhailo Fedorov.
In turn, Tore Onshuus Sandvik emphasized that “supporting Ukraine’s fight is the most important thing we are doing for Norway’s security. This is a collaboration that benefits both countries.”
According to him, the experience gained through this project will allow Norway to expand its production capabilities in a critically important area.
The Ministry of Defense notes that mutually beneficial technological and industrial cooperation with partners is one of Ukraine’s top priorities.
