Results of the first half of 2021: Centravis paid UAH 133.6 million in taxes and fees

According to the results of the first six months of 2021, Centravis (Nikopol), one of the world’s leading manufacturers of seamless tubes and pipes, transferred UAH 133.6 million to the budgets of all levels and non-non-budgetary funds.

The sum of payments to the state budget amounted to UAH 73.1 million, local budgets ─ UAH 25.77 million, non- budgetary funds ─ UAH 34.78 million.

As a reminder, Centravis is one of the most major taxpayers in the Dnepropetrovsk Region and Ukraine.

In addition to paying taxes, the Company systematically invests in social projects and programs. In particular, it helps to purchase the medical facilities required to coronavirus pandemic response. A lot of funds are spent on training of the Company’s employees; special scholarship funds are allocated for talented youth.

In 2021, Centravis also continued to support sailing in Nikopol. The Company financed the purchase of equipment for the local yachting school, took part in arranging the team regatta.

In addition, the leading seamless tube and pipe manufacturer spends about 50% of its investments in environmental projects.

In the words of Yuriy Atanasov, CEO of Centravis, this year the Company “will allocate UAH 140 million for environmental and energy saving projects ─ it is approximately EUR 4 million. And the total investments for this year are EUR 8 million.”

In particular, it is planned to comprehensively upgrade the Tube Chemical Treatment Area, build an acid drain reagent treatment system, as well as to adopt independent modular boiler houses.

As a reminder, Centravis is one of the world’s top 10 manufacturers of seamless tubes and pipes.

At the end of 2020, the production volume amounted to 19.05 thousand tons. The volume of sales in the previous year amounted to 19.8 thousand tons of pipes.

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