Due to the deep fall of world market prices and demand, 2015 became a year of serious challenges for Centravis Production Ukraine.
Prices for stainless pipes fell and there are no prospects of the improvement of the situation.
To decrease the impact of the crisis Centravis started transforming its business aiming at increasing labor productivity and decreasing expenses. Some positive results have already been achieved with more to follow.
Centravis invested into new machinery and services and development of products for high-pressure engines, strengthening its positions in this sector.
2016 is expected to be difficult as well. (Ukrainian metal)