Significant growth of tube orders
SIGNIFICANT GROWTH OF TUBE ORDERS FOR OIL EXPLORATION AND EXTRACTION The demand of tubes for investment projects in the oil exploration and extraction industry has experienced a significant increase throughout 2011. Thus, tube order intake in this sector has grown to...
Q3 2011 Results Release
Backlog stands at precrisis levels TUBACEX OBTAINS AN EBITDA OF 23.70 MILLION EUROS BETWEEN JANUARY AND SEPTEMBER TUBACEX has recorded a consolidated EBITDA (Earnings Before Interests, Taxes, Depreciation and Amortization) of 23.70 million euros during the first nine...
Tubacex signs an agreement with Trade Unions as part of current collective agreement to increase competitiveness
TUBACEX SIGNS AGREEMENT WITH TRADE UNIONS AS PART OF CURRENT COLLECTIVE AGREEMENT TO INCREASE COMPETITIVENESS TUBACEX Management and the Trade Unions (LAB, CC.OO., ELA and UGT), which account for the vast majority of trade union representations in the company, have...
Q2 2011 Results Release
Tubacex to invest €25 m in its Llodio and Amurrio plants TUBACEX OBTAINS AN EBITDA OF 17.78 MILLION EUROS IN THE FIRST HALF OF THE YEAR TUBACEX has recorded a consolidated EBITDA (Earnings Before Interests, Taxes, Depreciation and Amortization) of 17.78 million euros...
New Products increase amount of orders
NEW PRODUCTS INCREASE AMOUNT OF ORDERS The new products launched by TUBACEX over the past years are proving to be essential for the Group's growing order book, which covers the company's production until the first quarter of 2012, bringing the amount of orders back to...
Tubacex Management and Trade Unions reach an agreement
TUBACEX MANAGEMENT AND TRADE UNIONS REACH AN AGREEMENT TO INCREASE COMPETITIVENESS TUBACEX Management and the Trade Unions (LAB, CC.OO., ELA and UGT), which account for the vast majority of trade union representations in the company, have signed a preliminary...
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...