The Ukrainian Metal

Ukraine: Centravis borrows 35 million euros to finance investment program

Centravis has agreed with Ukreximbank to take a loan of 35 million euros for 5 years.

The company intends to spend the funds to produce new types of seamless pipes, implement environment and energy-saving techniques as well as further modernize its manufacture.

Centravis plans to invest at least 7 million euros in the development of new products each year.

In 2020, the company produced 19.05 thousand tons of seamless pipes. (Ukrainian metal)

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