Welspun suspends meeting with Tubos Reunidos works council to assess €150 million debt issue with SEPI

FinanceInternationalORAINOct 23, 2026, 5:35 AM35 s readAI summary

Indian group Welspun has postponed the meeting scheduled for Monday with the Tubos Reunidos works council in Trapagaran (Bizkaia) to discuss the company's roughly €150 million debt with SEPI. According to union sources, the company maintains its interest in remaining in the sale process and will call the unions again. Welspun is one of five bids selected for the next phase. SEPI wants that liability to be assumed by the productive units being acquired.

In 35 seconds

Welspun postpones the meeting with the Tubos Reunidos works council in Trapagaran scheduled for Monday.
The Indian group says it remains interested in the sale process and will call the unions again.
The reason is Tubos Reunidos' debt of around €150 million with SEPI.

Read the full story at ORAIN

IASummary generated by artificial intelligence from a story by ORAIN. It may contain errors: the original source prevails.

Tubos Reunidos
Welspun
SEPI
deuda
venta

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Welspun suspends meeting with Tubos Reunidos works council to assess €150 million debt issue with SEPI

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