Centravis to increase CAPEX to € 10M in 2022

Centravis plans to increase CAPEX to € 10M in 2022. The Company has elaborated investment projects in more detail obtained permits from regulatory authorities. This year, the Company will focus on the following projects: launch of new rolling mills; launch of the full acid recovery technology (€ 1M); creation of a new billet cutting system (€700 thousand); renewal of equipment at particular areas; creation of a new laboratory for testing the quality of pipes; and complex insulation of shops.

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