The judge decided last Wednesday, 11 November, to initiate the liquidation phase of Tubos Reunidos Group —with plants in Trapaga (Bizkaia) and Amurrio (Álava)— and of TRPT, located in Nanclares de Oca (Álava). With this measure, PKF Attest, as the Insolvency Administrator, replaces the previous administrators and assumes the direct management of both companies.
Sources from ESK in the company have recalled that the Tubos Reunidos Group has been in insolvency proceedings since May 2026 and that, a few weeks ago, the dissolution and opening of the liquidation of its parent company, Tubos Reunidos S.A., was agreed.
By means of an edict from the Civil Section of the Vitoria-Gasteiz Court of Instance number 7, the magistrate has ruled to open ex officio the liquidation phase of the insolvency proceedings for the other two companies and to order "the suspension of the powers of administration and disposal of the insolvent party over the active estate".
With this judicial decision, the insolvent company is formally dissolved and the corporate administrators cease to hold their positions, "who will be replaced for all purposes by the insolvency administration".
The Insolvency Administration of Tubos Reunidos has recently filed an ERE for the termination of employment for the 60 employees at the Nanclares de Oca plant, a proposal that has been rejected by the trade union organizations.
The sale process continues
ESK have clarified that the opening of the liquidation "does not mean that the three factories", where production continues, "are going to close or that dismissals will occur automatically", since "the sale process for the productive units remains the route envisaged to try to ensure continuity of the activity".
"The insolvency and purchase process continues just the same as before. Only the change is that the Insolvency Administrator takes over the reins in place of the previous management," the same sources said.
Along the same lines, they have recalled that "the sale rules, already approved, provide that the bids are assessed taking into account not only the price, but also industrial continuity and employment commitments".
They have also pointed out that "it remains to be known how the purchase offers are progressing, what guarantees they offer for the workforce, and what labor measures they propose".
ESK calls for calm
Given this scenario, ESK has called for prudence and asked for "patience and steadiness, because reading certain phrases or words can cause us to fall into excessive alarmism, although we also should not abandon cautious logic, given that the situation is still serious and delicate".
The union has insisted that "we are facing an important change in the judicial procedure, but not a decision to close". For now, it has emphasized, "we have no news about new deadlines, nor closures or structural modifications to the workforce".
After stating that the Court-Appointed Administrator has not yet provided them with detailed information in this regard, ESK is confident that next week they will be called to a meeting to go deeper into this and other issues related to the future of the factories and their workers.