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...
Stockholder’s Annual General Meeting for the year 2009
Important order intake increase in the first quarter TUBACEX to inaugurate a new plant for offshore umbilical tubes in Austria In 2009 a new OCTG installation began its operation in Llodio New high value-added products are being launched Significant orders for tubes...
Q3 2010 Results Release
TUBACEX POSTS LOSSES OF 9.31 MILLION EUROS IN Q1, BUT IMPROVES THE Q4 2009 FIGURES TUBACEX, the world's second largest seamless stainless steel tube manufacturer, registered in the first quarter of 2010 a negative result of 9.31 million euros, as a consequence of the...
Q2 2010 Results Release
TUBACEX RECORDS 5M EBITDA AND OBTAINS POSITIVE RESULTS IN THE SECOND QUARTER OF THE YEAR TUBACEX, the world's second largest seamless stainless steel tube manufacturer, continues the recovery of results started in the first quarter of 2010 registering from April to...
Q1 2010 Results Release
TUBACEX POSTS LOSSES OF 9.31 MILLION EUROS IN Q1, BUT IMPROVES THE Q4 2009 FIGURES TUBACEX, the world's second largest seamless stainless steel tube manufacturer, registered in the first quarter of 2010 a negative result of 9.31 million euros, as a consequence of the...
2009 Results Release
THE INTERNATIONAL ECONOMIC CRISIS LEADS TUBACEX TO FINANCIAL LOSS OF 25.8 MILLION EUROS IN 2009 TUBACEX, the world's second largest seamless stainless steel tube manufacturer recorded a negative net profit of 25.8 million Euros in 2009, a year that was seriously...