TPI April 2009

news business & market

Investments to mark 20 th anniversary

To mark its 20 th year in trading, European Tubes Ltd has decided to invest in a new fleet of trucks, a new deburring machine and a new website. The company’s new trucks will ensure that it can continue to control its own delivery schedules, enabling it to provide better customer service. They are also more eco-friendly, and will reduce the company’s carbon footprint.

in-house cutting service. The company provides a range of engineering services that allow customers to buy products ready for the production line. At the new website, users can download the company’s brochure, check stock ranges, and view specifications, a list of available services and details of contacts.

European Tubes Ltd – UK sales@europeantubes.co.uk www.europeantubes.co.uk

The deburring machine, planned for installation early in the year, is a natural addition to the company’s comprehensive

Purchase of factory in Spain

Slovak tube producer Železiarne Podbrezová has purchased a factory in Spain, including land and warehouse, for approximately €17 million. After almost a year of negotiations, the company obtained a 65% stake in Transformaciones Metalurgias, SA (Transmesa) Company, located in Premia de Mar, Barcelona. The strategic acquisition will strengthen the product portfolio of the ZP group in the area of precision cold drawn steel tubes with diameter from 4 to 100mm, in lengths from 4 to 12m. Technology will make it possible to deliver products in coils. Current production capacity is around 10,000 tons. The Spanish company has been involved in the metallurgical market since 1944, and has supplied customers in the USA, France, Egypt, Portugal and Germany, as well as the local market for the automotive industry, armament industry, motorcycle production, agricultural machinery and home appliances. Podbrezová metallurgists plan to use in their ZP distribution network a 5,000- ton capacity automated warehouse of final products, located in Premia de Dalt around one mile from Premia de Mar. This will improve logistics of sales for products in the surrounding markets.

Železiarne Podbrezová as – Slovak Republic admin@zelpo.sk www.zelpo.sk

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April 2009 Tube Products International