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.
Profit is positive for the second consecutive quarter, consolidating the company’s recovery in spite of the global context of instability. Sales for the first quarter of the year amounted to €158.1M, up 82.7% on the same period for the previous financial year. The EBITDA stood at €19M, which...read more
The results for the fourth quarter return to positive net profit, with sales of €118.6 M and an EBITDA of €12.6 M, representing a margin of 10.6%. But for the effect of inflation on energy costs and on the value chain in general, the figures for the last quarter would have been even higher. This...read more