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Silcotub doubles earnings in 2021

Romanian industrial pipe manufacturer Silcotub, part of the international group Tenaris controlled by the Italian Rocca family and the second-largest steel company in Romania (after Liberty Galati), reported a turnover of over RON 2.6 bln (EUR 533.3 mln) in 2021, 59% higher compared to 2020, according to the company’s filing to the Ministry of Finance.   The company achieved a net profit of over RON 258.8 ...

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