Group companies > TUBACEX SERVICES
TUBACEX UPSTREAM TECHNOLOGIES is a service company created in 2016 to provide added value in the OCTG segment (tubular products for the extraction and production of oil and gas).
Avenida de Orejo 3
39719 Orejo, Cantabria
Sales for the first quarter of the year amounted to €86.5M, down 43.7% on the same period for the previous year and the EBITDA stood at €0.1M. The low backlog for the first quarter of the year has led to low levels of activity in all of the Group’s divisions. The main sector at which TUBACEX...read more
TUBACEX ended the financial year with sales of 479.6 million euros, 21.8% less than the previous year and with EBITDA OF 38.1 million euros. Accumulated losses reached 25.3 million euros and derive mainly from negative results at the Basque production plants. The severe structural crisis affecting...read more