Business news from Ukraine

“Centravis” continues to operate at full capacity in Nikopol

Centravis Production Ukraine PJSC (Centravis Production Ukraine), a part of Centravis Ltd holding, continues to work its main production in Nikopol (Dnipropetrovsk region) at full capacity, as well as increases production output in its branch in Uzhgorod.
“Centravis’ production continues to operate at full capacity, and our hot and cold shops in Nikopol and our production site in Uzhgorod are running smoothly, and all equipment is functioning optimally,” wrote chief sales officer (CSO) Artem Atanasov in a letter to customers last Friday.
He said the logistics team constantly ensures safe and efficient delivery of finished products, with sales offices around the world remaining open and accessible, ready to address any questions or requests.
“I am currently visiting our partners and customers in the United States, and I am pleased to witness the growing trust of our American partners in Centravis in a reliable partnership. This trust is reflected in their willingness to increase orders and find new areas to expand cooperation,” stated the Director of Sales, thanking customers for their support.
“Centravis” was founded in 2000, is one of the ten largest manufacturers of seamless stainless tubes in the world. Its main production capacities are located in Nikopol (Dnepropetrovsk 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.

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“Centravis” plant in Nikopol works at full capacity

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.

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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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TIU CANADA DISMANTLES SOLAR POWER PLANT IN NIKOPOL

TIU Canada (Ekotechnik Nikopol) dismantled the equipment of its solar power plant in Nikopol due to an unresolved conflict with Nikopol Ferroalloy Plant (NFP), according to a material on the Voice of America website.
According to Michael Yurkovich, CEO of TIU Canada, after the solar power plant was disconnected from the power grid in March 2020, followed by its downtime and a number of negative court decisions, the owners of NFP offered to sell the plant to them for a pittance, after which it was decided to dismantle it.
“This situation is not unique for the last two years in this country. The governments of the world, other overseas investors, people in the diaspora must admit that this situation does not only affect TIU – it affects many businesses and is getting worse, and we no longer want to play this game,” he said.
As reported, on March 2, 2020, NFP completely disconnected a 10.5 MW solar power plant from Ekotechnik Nikopol LLC (TIU Canada) from the power grid. TIU Canada noted that NFP took advantage of the fact that the SPP was connected to a substation located on its territory, and explained the need for shutdown by repair work.
TIU Canada has been operating in Ukraine since 2016. The company put into operation a 10.5 MW SPP in Nikopol in January 2018, and an 11 MW SPP in Mykolaiv region in April 2019. In addition, TIU Canada launched a 33 MW SPP in Odesa region. The company’s investments in solar energy, which became the first investor in Ukraine under the Canada-Ukraine Free Trade Area Agreement (CUFTA), amounted to over $65 million.
Nikopol Ferroalloy Plant is controlled by EastOne Group, established in autumn 2007 as a result of restructuring of Interpipe Group, and Privat Group, both based in Dnipro.

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NIKOPOL FERROALLOY PLANT RAISES PRODUCTION BY 12.5%

Nikopol Ferroalloy Plant (NFP, Dnipropetrovsk region) in January-May this year increased production by 12.5% compared to the same period last year, to 259,690 tonnes.
As the Ukrainian Association of Producers of Ferroalloys and Other Electrometallurgical Products told Interfax-Ukraine, in the five months, the plant increased production of silicon manganese by 9.6%, to 236,710 tonnes, and ferromanganese – by 53.9%, to 22,980 tonnes.
In May, 59,290 tonnes of ferroalloys were produced.
Nikopol Ferroalloy Plant is Ukraine’s largest ferroalloy smelter. It uses imported and domestic raw materials for the production of ferroalloys.
Nikopol plant is controlled by EastOne Group, established in autumn 2007 as a result of restructuring of Interpipe Group, and Privat Group, both based in Dnipro.

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NIKOPOL FERROALLOY PLANT CUTS PRODUCTION BY 4% IN JAN

Nikopol Ferroalloy Plant (NFP, Dnipropetrovsk region) in January of this year reduced production by 3.9% compared to the same period last year, to 40,270 tonnes.
As the Ukrainian Association of Producers of Ferroalloys and Other Electrometallurgy Products told Interfax-Ukraine, in January 2021, the plant increased the production of silicon manganese by 0.3%, to 37,830 tonnes, but reduced ferromanganese and other ferroalloys by 42.2%, to 2,440 tonnes.
In December, the plant produced 36,230 tonnes of ferroalloys, in November – 35,180 tonnes, in October – 35,480 tonnes, in September – 35,200 tonnes, in August – 35,340 tonnes, and in July – 52,430 tonnes.
Earlier, during conference calls, Director General of Nikopol Ferroalloy Plant Volodymyr Kutsyn announced an increase in demand for ferroalloys, so the planned target for February was increased.
At a meeting held on February 16, it was noted that the plant was fulfilling the planned target for February in the amount of 48,000 tonnes. Heating of three more ovens also continues.
“Heating is proceeding according to the schedule: furnaces No. 7 and 16 are heated up by 60%, furnace No. 8 – by 40%,” the Electrometallurg newsapaper said, citing the head of the production and technical department.
As reported, Nikopol Ferroalloy Plant in 2020 reduced production by 29.1% compared to the previous year, to 513,320 tonnes.

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