Tubacex, a story of effort
A Story of Effort
TUBACEX is an industrial Group founded in 1963 devoted to manufacturing seamless tubes in stainless steel and high-nickel alloys.
The group’s Head Office is located in Llodio where it also has industrial facilities, in addition to those located in Amurrio, Arceniega (all three in the province of Alava- Spain), in Ternitz (Austria) in Greenville (Pennsylvania, USA); in Vittuone (Milán) and San Niccolo (Piacenza), both onf them in italy; in Umbergaon (Gujarat, India); in Thailand, in Saudi Arabia, in Norway and in UAE,
TUBACEX is a company that has made a considerable effort in the modernization of a traditional sector of the iron and steel industry.
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
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