Tubacex signs 2025-2029 collective agreement for Álava plants
The agreement covers Tubacex Tubos Inoxidables and Aceralava plants and was signed with majority unions.
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Advanced materials and industrial solutions manufacturer
tubacex.comLast updated
In short: Tubacex navigated geopolitical tensions in the Middle East and lower profits while securing a new labor agreement and expanding its aerospace focus.
The agreement covers Tubacex Tubos Inoxidables and Aceralava plants and was signed with majority unions.
The company reported adjusted EBITDA of €105.8 million and highlighted growth in subsea, nuclear, and aerospace segments.
Tubacex reported €105.8m adjusted EBITDA, highlighted TBX Nexxia and the ADNOC contract, and noted growth in nuclear and aerospace.
The company maintains a 40% pay-out policy and introduces a flexible dividend scheme for 2026, allowing cash or shares.
The company communicates to the staff the need to resort to this labor flexibility mechanism from July 6 to February 28...
The company argues productive and organizational reasons. LAB asks to withdraw the measure and questions that it is proposed at a time of high portfolio...
The Vitorian EGA Master, the technology company SPC, and the Rioja-Alavesa Industrias Químicas Kupsa complete the list of winners...
The board of directors of Tubacex has communicated this Monday that the maximum value of its capital increase will be 6,5 million euros...
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