The Oil & Gas Upstream and OCTG division of Tubos Reunidos has focused its working line to the most demanding Oil & Gas applications. Thanks to an integrated manufacturing process that starts at the steel shop and finishes with the threading operations, the Tubos Reunidos Group is able to manufacture all kind of steel grades with the specific properties required for their particular applications. This also allows TR to develop highly specialized material to work under the most hostile conditions, such as very high working pressures, corrosive environments or under extreme temperatures.
It´s a substantial improvement over the -€5.7 million obtained in the same period in 2016
Net turnover amount €233.5 million: +57.8% year-on-year
Net earnings of -€17.5 million, +32.1% year-on-year
Tubos Reunidos has validated the successful execution of 33 initiatives in the Transforma|3600 Value Creation Plan, which will represent a recurring EBITDA improvement of €4.8 million in a base year