Corporate social responsability
Corporate Social Responsibility at TUBACEX is related to the company’s mission. In this respect, its mission includes its commitment to stakeholders, including respect for the environment, development of society, the professional motivation of employees or customer satisfaction. This commitment was formally ratified in 2004 when Tubacex joined the UN Global Compact and embraced its 10 universal principles, and we report progress made in each principle on an annual basis.
Another step in the responsible behavior of the company and the professionals that form part of it is the Corporate Social Responsibility Policy approved in 2014 by the TUBACEX Board of Directors, with the aim of establishing a reference framework in which to develop its activities and increase its business commitment. This policy covers economic, environmental, corporate governance and social matters. Regarding the latter, it is worth highlighting the establishment of Fundación Tubacex to channel our commitment to quality, diverse talent and promote areas under development as well as acting as a lever to promote the UN Sustainable Development Goals.
WORLDWIDE
PRESENCE
TUBACEX resumes its activity at the Spanish plants, putting an end to the global restructuring process
Management and the Works Council have approved the adoption of structural and conjunctural measures that guarantee the competitiveness of these plants. Voluntary redundancies, early retirement, the reduction of a series of items related to personnel expenses, increasing the working day and the...
read moreLow activity during the first half of the year marks TUBACEX’s results
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...
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