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Llodio, July 25, 2019. After more than four years of crisis in the energy sector, the overall and gradual market recovery is becoming more and more consolidated. Therefore, in the first half of 2019, the TUBACEX order intake has increased by 40%. Sales amounted to €323.5 million and the EBITDA stood at €33.3 million with a margin of 10.3%, which is higher than the margin in the same period of the previous year. Profit amounted to €5 million.


Llodio, July 1, 2019. TUBACEX, global leader in the manufacture of stainless steel and high-alloyed seamless tubular products, and the “Instituto de Crédito Oficial” public business institution (ICO), have signed a loan agreement for 30 million euros to promote the group's growth and diversification strategy


Llodio, May 22, 2019. TUBACEX's positioning in the high technological value product segment along with its integrated offer of tubular stainless steel solutions have enabled the company to emerge stronger from the longest crisis in the sector. This was demonstrated at the Annual General Meeting held today at the company’s headquarters in Llodio. At this event the company reviewed 2018, presenting their vision for the forthcoming years, and finally approved agreements including the new composition of the Board of Directors. 

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