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TUBACEX appoints Jesús Esmorís as new CEO

The Board of Directors has agreed to split the roles of Chairman and CEO The Board of Directors of TUBACEX agreed in today's meeting to appoint Jesus Esmoris as the new CEO. Mr. Esmoris will take responsibility for the company according to the information submitted to...

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Q3 2012 Results Release

EBITDA grows by 64.1% reaching 38.89 million Euros TUBACEX ACHIEVES 9.37 MILLION EUROS NET PROFIT BETWEEN JANUARY AND SEPTEMBER TUBACEX, the world's second largest seamless stainless steel tube manufacturer, has obtained a net profit of €9.37 M between January and...

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Tubacex is drawing up a new Strategic Plan

TUBACEX IS DRAWING UP A NEW STRATEGIC PLAN FOR 2013-2018 TUBACEX is drawing up a new Strategic Plan for 2013-2018, which foresees the Group's growth over this period through the increased importance of high value-added products on total sales and the company's greater...

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Q2 2012 Results Release

Sales increase by 12% and order intake rises by 28% Tubacex achieves 6.1 million euros net profit in the first half of the year has recorded a consolidated net profit of € 6.12 M in the first half of 2012, which is a significant improvement over the results obtained...

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Tubacex will double OCTG Tube production capacity

TUBACEX WILL DOUBLE OCTG TUBE PRODUCTION CAPACITY IN THEIR AMURRIO PLANT TUBACEX expects to double their production capacity of tubes for oil and gas exploration and extraction (OCTG) by creating a new cold-rolling line at their Amurrio plant, which will start...

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Annual Shareholders Meeting 2011

TUBACEX is preparing a new Strategic Plan for growth in high value-added products and increased penetration in emerging countries. This year TUBACEX is going to double its OCTG tube manufacturing capacity at its Amurrio plant. Order intake for the first quarter has...

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Q1 2012 Results Release

Order intake increased by 16%, compared to the previous quarter TUBACEX OBTAINS AN EBITDA OF 10.37 MILLION EUROS IN THE FIRST QUARTER TUBACEX has recorded a gross operating profit (EBITDA) of 10.37 million euros and a net profit of one million euros between January...

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