Renta 4 | Tubos Reunidos has informed the National Securities Market Commission (CNMV) that, on 4 May 2026, its Board of Directors approved the application for voluntary administration. The application has already been filed with the competent court in Álava.
The decision has been taken due to the cash flow difficulties faced by the company, exacerbated by the shutdown of operations at its Amurrio plant, which have led the company to a situation of imminent insolvency.
The Board of Directors had been working on a viability plan to ensure the group’s continuity. However, the necessary conditions for this plan could not be met, notably due to the lack of significant cash…