Centravis, one of the largest manufacturers of stainless steel pipes in Europe, has suspended operation till March 9. “At the same time, our sales offices in Houston (USA), Essen (Germany), Milan (Italy), Krakow (Poland) and Dubai (UAE) will remain open,” the company reported. In 2021, Centravis produced 19.45 thousand tons of pipes and intended to…
In 2021, Centravis received a net profit of EUR 9 million. EBITDA totaled EUR 12 million and net debt – EUR 31 million. In 2020, the company had a loss (not disclosed). EBITDA was EUR 14 million. Centravis was able to increase sales almost on all markets, in particular, in USA – by 30%, in…
Centravis has been approved as a supplier of pipes to 6 Egyptian companies. The company has concluded agreements with Trading Co, Petrojet, Badr Petroleum Company, Belayim Petroleum Company, Khalda Petroleum Co. and Agiba Petroleum Company. Centravis will be supplying pipes of general usage. At the same time the company is looking to enter tool steel…
Recently Centravis has presented its manufacturing process to AC Boilers, the largest producer of boilers in Italy. According to the agreement concluded, Centravis will supply 179 tons of seamless pipes to be used as components of an economizer to decrease CO2 emissions. (Ukrainian metal)
In 2021, Centravis will invest 140 million UAH in energy efficiency and environment protection. “That’s around 4 million EUR, while overall investments will amount to 8 million EUR”, the company CEO Yuri Atanasov said. In particular, the company plans to completely reconstruct its pipe chemical treatment shop, construct an acid waste reagent cleaning system and…
In January-March, Centravis increased average salaries of its employees by 15% YoY, to 19.03 thousand UAH. Average salary at the enterprise amounts to 14.7 thousand UAH. In particular, rollers receive 22.9 thousand UAH, pressmen – 20.8 thousand UAH, repairmen – 17.6 thousand UAH and pipe cutters – 15 thousand UAH. Last year, Centravis decreased stainless…
Centravis has won a contract to supply over 3.3 thousand meters of seamless pipes made of stainless steel for exhaust systems to Akrapovic, Slovenia. Earlier Centravis has received an order from the German PMI to produce premium-quality exhaust pipes. In 2020, Centravis decreased output by 9.3% YoY, to 19.5 thousand ton. Sales amounted to 19.8…
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…