Industry
Tubos Reunidos files for creditors' arrangement due to imminent insolvency
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Tubos Reunidos filed for voluntary creditors' arrangement on Monday before an Álava court due to cash tensions worsened by the indefinite strike at its Amurrio plant. The CNMV immediately suspended trading of its shares. The company aims to protect the interests of creditors, workers, suppliers, and shareholders.
The luxury bridal sector continues to grapple with limited sizing options for customers.
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Industry Minister Khaled Hashem met a delegation from Türkiye’s Gürok Group to review plans for a new glass tableware factory in Egypt aimed at export markets.
Shortages have not yet appeared but price increases are mounting for French companies because of the Middle East conflict that began more than two months ago.
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Egypt's Minister of Industry Khaled Hashem held an extensive meeting with the Chamber of Pharmaceutical, Cosmetics and Medical Supplies Industries to discuss challenges and measures to strengthen performance and exports. The meeting was attended by the chamber's chairperson, board members, and Export Council representatives. Hashem reaffirmed the ministry's commitment to the sector as a strategic priority.
Egypt’s Minister of Industry Khaled Hashem met with Japan’s Ambassador to Egypt Iwai Fumio to review current Japanese investments and explore expansion opportunities. The meeting, attended by Assistant Minister for International Cooperation Ahmed Maghawry, underscored bilateral ties elevated to a strategic partnership in 2023. Discussions emphasized cooperation in industry, technology, and sustainable development.
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The Ifo Institute's employment barometer fell to 91.3 points in April, the lowest since December last year. Companies plan more layoffs than hires, especially in industry and trade. Ifo's Klaus Wohlrabe warns of ongoing pressure on the job market.
Ministry opens tax support office at Eastern Industrial Park
Jumatatu, 11. Mwezi wa tano 2026, 04:02:14Liliana Aufiero steps down as Lupo CEO after decades
Jumatatu, 11. Mwezi wa tano 2026, 03:00:55Prime minister tours major factories to boost local industry and exports
Jumatatu, 11. Mwezi wa tano 2026, 01:20:04No gunpowder factory in Borlänge – to be built in Kristinehamn
Jumapili, 10. Mwezi wa tano 2026, 04:34:24CAPTEX to expand sports manufacturing capacity in Egypt
Jumatatu, 4. Mwezi wa tano 2026, 13:22:24CID offers 31 ready-to-operate units in Robbiki Leather City
Jumapili, 3. Mwezi wa tano 2026, 02:05:15Prime Minister Abiy inaugurates fourth Ethiopia Tamar expo
Jumatano, 29. Mwezi wa nne 2026, 16:01:48Egypt’s IDA streamlines rules for changing industrial activities amid licensing reforms
Jumatano, 29. Mwezi wa nne 2026, 12:02:21Commercial confidence rises 0.2% in March as industrial falls, Fedesarrollo says
Jumanne, 28. Mwezi wa nne 2026, 18:18:57SCZONE signs $100m deal with Alpha Smart for integrated Sokhna factory complex