Centravis, one of Europe’s largest suppliers of stainless steel pipes, is completing work on the opening of a new production site in Uzhhorod. This is stated in the press release on the company’s Facebook page.
The new enterprise in the west of Ukraine will produce tubes for car fuel systems. They plan to hire about 100 workers. Due to the new automated line, the minimum number of people will be involved in production.
“January is the time to implement ambitious plans! The war pushed Centravis to expand. May this winter bring us victory as soon as possible and open up more opportunities for our well-being,” the company notes.
As the production director of Centravis, Andriy Krasyuk, noted in the GMK Center’s interview, it is planned to start production there with a volume of approximately 25% of what was done in the cold shop at the main facilities before the war.
The first pipes for processing are planned to be issued in January 2023. Initially, the new production will depend on the hot facilities in Nikopol – they will produce a billet pipe from an empty rod. In the future, it is planned to attract suppliers of pipe billets from Europe and India.
As GMK Center reported earlier, in January-November 2022, Centravis reduced production of pipes by 34% compared to the same period last year – to 10.6 thousand tons. Despite the significant reduction in production, the company’s revenue is about 90% of the pre-war 2021.
In January-February 2024, Germany increased its imports of rolled steel products from third countries by…
Belgian steelmakers reduced steel production by 5.7% in March 2024 compared to March 2023, to…
In 2023 Ferrexpo, the London listed iron ore company with assets in Ukraine, emitted 384…
In 2023 Ferrexpo, the London listed iron ore company with assets in Ukraine, recorded zero…
The International Chamber of Commerce (ICC) has identified a number of problems faced by companies…
In January-February 2024, Poland increased imports of rolled steel products from third countries by 69.6%…