TUBACEX : cierra 2016 con beneficio neto positivo en el peor año de la historia del sector
March 02, 2017 at 09:38 pm EST
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2017-02-28
Llodio, February 28, 2017. TUBACEX has filed the results of the 2016 financial year at the Spanish Securities Exchange Commission (CNMV) today, recording sales of 494 million Euros, which implies a 7.4% drop in comparison with 2015 and an EBITDA of 34.9 million Euros, which is 28.6% less than in the previous financial year, all within a year marked by historically low prices of oil and raw materials, which has hindered the recovery of the sector.
2016-11-30
Llodio, November 30, 2016.Tubacex leads the Project AMBAR which main objective is to develop Products and Technologies for Oil & Gas Solutions in Marine Environments that will improve and consolidate the technological and commercial position of Basque companies in the sector and thus achieve a remarkable forward leap in the market.
2016-11-14
Llodio, November 14, 2016. The President of the Basque Country, Iñigo Urkullu, jointly with Minister for Economic Development and Competitiveness, Arantxa Tapia; Minister for Education, Language Policy and Culture, Cristina Uriarte, and other members of the Basque Government visited TUBACEX's OCTG plant in Amurrio (Spain) this morning.
Tubacex SA published this content on 28 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 March 2017 02:38:10 UTC.
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Tubacex SA is a Spain-based company primarily engaged, through its subsidiaries, in the steel industry. The Company's main activity is the manufacture, distribution and sale of seamless stainless steel tubes and pipes. The Companyâs product portfolio also includes hollow bars, steel and fittings. It has operations established in Europe, the Americas and Asia.The Company is a parent of Grupo Tubacex, a group, which comprises a number of controlled entities, including Aceria de Alava SA, Tubacex Tubos Inoxidables SA, Schoeller-Bleckmann Edelstahlrohr Inmobilien AG, Salem Tube Inc, Tubacex Taylor Accesorios SA and Metaux Inox Services SAS, among others.
TUBACEX, S.A. 
