Trubostal Pipe Plant (Korosten)
Trubostal Pipe Plant (Trubostal) produces hollow sections and round electric welded pipes for water and gas pipelines. The company was founded in 1993.
It produces pipes of the following standard sizes: round pipes 20 to 127 mm in diameter, square hollow sections with a cross section of 20×20 to 100×100 mm, and rectangular hollow sections with a cross section of 30×20 to 120×80 mm.
Trubostal has a logistical advantage (quick delivery) in shippings to the EU Member States, since Korosten is located on Kyiv–Warsaw highway.
Production capacity
Staff and wages
* per worker before taxes
Charts and tables
Production results, thousand tons
Indicative sales structure by products in 2020*
Indicative sales structure by countries in 2020*
* structure of sales volumes, metric tons
Financial performance, $ million
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 23.5 | 19.8 | 16.1 | 18.8 | 26.0 | 31.2 | 20.6 | 5.4 |
| EBITDA | 0.1 | -0.2 | 0.2 | 0.7 | 0.8 | 0.1 | -0.4 | 0.5 |
| EBITDA margin | 0.5% | -1.0% | 1.5% | 3.7% | 3.0% | 0.2% | -2.1% | 9.4% |
| Net income | -0.8 | -0.4 | 0.2 | 0.5 | 0.6 | 0.0 | -0.6 | 0.3 |
| Net income margin | -3.2% | -2.2% | 1.1% | 2.7% | 2.1% | -0.1% | -2.7% | 0.0% |
| CAPEX | 0.2 | 0.0 | 0.2 | 0.1 | 0.2 | 0.3 | 0.2 | 0.1 |
Key facts
2017
According to the media, the capacity utilization rate of the company in 2017 was close to its maximum. According to statements of the Trubostal’s top officers, the company is not going to buy a new rolling mill, capacity could be increased due to modernization of the existing facilities.
2016
According to the media, Trubostal has significantly increased exports to the EU since 2016. Trubostal’s top managers say that the company delivers tubular products to the EU is 2–3 weeks, while the average delivery period in the market is 3–4 weeks.
In 2016
50% of the company’s products were suitable for export, and their quality was in line with the EN and DIN standards. The company plans to increase this share to 80%.
Sources: websites of the companies, media outlets