THE WIDEST PORTFOLIO OF TUBULAR SOLUTIONS
TUBACEX Group provides tubular solutions in the five continents
The TUBACEX group is dedicated to the production and sale of seamless tubes in stainless steel and high nickel alloys. In addition, it manufactures other long stainless steel products.
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TUBACEX adapts its Organization to fight COVID-19: Q3 Results
TUBACEX’s sales figure for the first nine months of the year amounts to €389.6 million, which is 18.2% lower than that of the same period last year; while EBITDA stands at €26.4 million, down 42.9%, with a 6.8% margin. These results, determined by the global macroeconomic and health care...
read moreARAMCO and local companies back COVID-19 aid initiatives in the Basque Country
The Energy Advanced Foundation, formed by TUBACEX, TUBOS REUNIDOS, AMPO and VICINAY MARINE will direct the implementation of the program. The Red Cross, Caritas, Biocruces Bizkaia Health Research Institute, the start-up Eversens, and food banks across Álava, Biscay and Gipuzkoa are some of the...
read moreThe 50% fall in the market and COVID-19 mark TUBACEX’s results
The sales figure for the first half of the year amounts to €282 M, down 12.8% on the same period last year, and the EBITDA stands at €19.8 M, 40.5% less. These figures are a far cry from TUBACEX’s prospects at the start of the year but, even in such an unfavorable environment as the present, the...
read moreThe global restructuring of the Tubacex Group will affect 20% of the workforce
The negative evolution of the market over the last few years, with a drop of over 50%, and the coronavirus crisis have prompted the Company to implement a series of urgent industrial reorganization and cost-cutting measures. Specifically, with regards to employment, the measures already being...
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