工业
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.
Liliana Aufiero, 81, is leaving the executive presidency of Lupo. Carlos Alberto Mazzeu takes over the role starting June 1.
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Prime Minister Mostafa Madbouly toured several industrial facilities in 6th of October City and El Sadat City, reaffirming Egypt’s push to strengthen local manufacturing and attract global investment.
Prime Minister Abiy Ahmed (Dr.) inaugurated the fourth Ethiopia Tamar expo today. He stated Ethiopia achieved $10 billion in export revenue for the first time in history this year. Industry Minister Melaku Alebel said the manufacturing sector is the center of national sovereignty.
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Building on recent Industrial Licensing Committee discussions, Egypt’s Industrial Development Authority (IDA) has introduced streamlined regulations allowing manufacturers to change or add industrial activities within approved zones, aiming to reduce administrative burdens and speed up licensing. The framework covers key sectors including engineering, food industries, leather, textiles, and chemicals.
Ethiopia has saved billions of dollars through its homegrown economic policy in the manufacturing sector. In just the past nine months, domestic production substituted imports worth 4.85 billion dollars, while exports reached 433 million dollars. Data from the Ministry of Industry confirms these gains.
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After a 2.6% drop in economic activity in February, according to INDEC, private consultancies estimate a March recovery driven by agriculture. Equilibra forecasts a 1.5% year-on-year rise and 1% monthly desesasonalized. The first quarter would end with 0.4% growth versus 2025.
No gunpowder factory in Borlänge – to be built in Kristinehamn
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May 09, 2026 05:25Egyptian authorities review industrial financing initiatives
May 08, 2026 09:25Festo to cut about 1300 jobs in Germany
May 08, 2026 00:36Stellantis to build new Opel electric SUV in Zaragoza and transfer Madrid plant to Leapmotor
April 29, 2026 12:02Commercial confidence rises 0.2% in March as industrial falls, Fedesarrollo says
April 28, 2026 18:18SCZONE signs $100m deal with Alpha Smart for integrated Sokhna factory complex
April 28, 2026 13:53Egypt, Japan seek to expand industrial cooperation, investment
April 28, 2026 09:45German companies ramp up staff layoffs
April 24, 2026 14:43Andi warns of risks from MinSalud's proposed food labeling changes