Tubos Reunidos

tubos reunidos planta

Tubos Reunidos to present and explain Viability Plan for Amurrio and Trápaga plants on 9 February

Link Securities | Given the complex economic situation and the current international market context, Tubos Reunidos has informed the Works Councils of the Amurrio and Trápaga plants of the company’s interest in holding a meeting on 9 February at the Amurrio plant. The purpose of the meeting is to present and explain in a clear, direct and transparent manner the measures of the Viability Plan that will affect each of…


Tubos Reunidos' share price declines by 40%

Tubos Reunidos drops 40% in two days because PWC casts doubts on its capacity to continue operating

The share price of Spanish Tubos Reunidos, manufacturer of tubular steel, has accumulated declines of 40% since the auditor’s report from PWC, publised on March 13, said the following: “significant deviations in the key measures and hypothesis of the plan (…) point to a basic uncertainty which may create important doubts about the Group’s capacity for continuing to operate.”