Tubacex inaugurated a new plan to manufacture Umbilicals

These new facilities have required an investment nearing 40 million euros. The first order is already underway for an oil extraction project in the North Sea. The Austrian subsidiary has over 170 years of industrial experience. The Group promotes specialization in...

Annual Shareholders meeting 2010

Shareholders’ Annual General Meeting for the year 2010. Order intake increased during the first quarter In 2011 new plant became operational to manufacture tubes for umbilicals. New high technological added-value products for the power generation and oil and gas...

Q1 2011 Results Release

TUBACEX ACHIEVES 2.80 MILLION EUROS NET PROFIT IN THE FIRST QUARTER TUBACEX has recorded a consolidated net profit of 2.80 million euros between January and March 2011, compared to the losses that amounted to 9.31 million euros during the same period of 2010,...

2010 Results Release

TUBACEX has recorded a positive EBITDA of 12.77 million euros during the year 2010, according to the information registered at the Spanish Securities Exchange Commission (CNMV). TUBACEX has closed with a positive consolidated EBITDA and net income for the third...

Investments made by Tubacex in 2010

TUBACEX HAS MADE INVESTMENTS AMOUNTING TO 52.30 MILLION EUROS IN 2010 Throughout 2010, TUBACEX has deployed investments in technical facilities and machinery amounting to 52.30 million euros, which were destined to the development of production capacity in those...