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.
Sales for the first half of the year amounted to €160 million, and the EBITDA stood at €0.3 million. The company has implemented a financial restructuring plan in its main business units. TUBACEX is finalizing an ambitious Strategic Plan in order to play a key role in the leadership of the global...read more
The change in the chair has been approved by the Board of Directors, having been proposed by the Appointments and Remunerations Committee, following the Ordinary Shareholders' Annual General Meeting. Francisco Javier García Sanz was the Vice-President of the Volkswagen Group as Director of...read more
Sales for the first quarter of the year amounted to €86.5M, down 43.7% on the same period for the previous year and the EBITDA stood at €0.1M. The low backlog for the first quarter of the year has led to low levels of activity in all of the Group’s divisions. The main sector at which TUBACEX...read more
TUBACEX ended the financial year with sales of 479.6 million euros, 21.8% less than the previous year and with EBITDA OF 38.1 million euros. Accumulated losses reached 25.3 million euros and derive mainly from negative results at the Basque production plants. The severe structural crisis affecting...read more