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…
In 2020, Centravis produced 19.05 thousand tons of pipes, down by 7% YoY. In November 2020, the company forecast output at the level of 17.5-17.6 thousand tons. EBITDA grew 2-fold, to EUR 14 million. This year the company expects a slight decrease in output to 17.5 thousand tons. EBITDA is projected to grow by 20%,…
In January-October, Centravis produced 14.92 thousand tons of pipe products, down by 13% YoY. “This year we intend to produce 17.5-17.6 thousand tons, less than last year, still in such a turbulent year our company has been able to meet all the global challenges”, the company CEO Yuri Atanasov said. In 2020, Centravis has expanded…
The European Bank for Reconstruction and Development is no longer a Centravis shareholder. “For 9 years we have been in partnership with the bank. It has provided us with financial assistance during the crises, as we have been under pressure. In 2018 we bought out its share. But thus we received experience of working with…
Centravis Production Ukraine forecasts that in 2017 its sales will grow by 20% YoY. “Sales volume-wise we will grow this year by 20% it tons”, the company sales director Waldemar Scheiermann said. According to him, the company orders portfolio in 2017 narrowed as it cut short-run and low-margin products. (Ukrainian metal)
According to the statement of the CEO and the majority shareholder Yuriy Atanasov, since 2014 the Centravis has decreased sales on Russian market from 80% to 20%, having increased sales to EU from 10% to 70%. Each year the company intends to increase output by 10-15%. In particular, this year the growth will total 10%.…
Centravis Production Ukraine’s capacities are 100% loaded. According to the company CEO and main shareholder Yuri Atanasov, since 2014 the Centravis has decreased sales on Russian market from 80% to 20%, having increased sales to EU from 10% to 70%. Each year the company intends to increase output by 10-15%. In particular, this year the…
Shareholders of Centravis Production Ukraine have dismissed Elena Antosheva from the board of directors and appointed Ruslan Zaplyusvichka instead. According to the company statement, Antosheva has been the BD member since May. Zaplyusvichka has been appointed until November 2019. He used to occupy the positions of the deputy financial director, deputy economy and provision director…