Tubacex activates its reorganization in Spain in the face of the fall in the oil and gas sectors, which are its main clients and have accumulated a 50% decline since 2015. In addition, the pandemic has placed the level of the order book at a minimum.
The steelmaker has its industrial base in Álava with just over 800 jobs. The crash measures will affect almost everyone. For an Employment Regulation File (ERE) with 150 dismissals and for a Temporary Employment Regulation File (ERTE) that will affect 650 workers.
The measures will be applied at the Llodio and Amurrio plants. Since last July, the group “has intensely searched for alternatives,” state sources from the entity. They criticize the performance of the unions in the negotiations, for not supporting “adjustment measures that would avoid layoffs.” And from the manufacturer of seamless steel tubes they clarify that the incentive leave plan had “little echo.”
The group and the unions began a 30-day period yesterday to try to reach an agreement on the proposed ERE and ERTE. In the middle of last year, Tubacex announced the implementation of a plan to reduce costs by 20% due to the crisis caused by Covid-19. The adjustment has already concluded in the twenty plants that the corporation has in the world. And now it is Llodio and Amurrio’s turn. Both plants recorded losses of 18 million in 2020, as reported by the group’s CEO, Jesús Esmorís, to the Basque Government.