This business concept is possible thanks to its commitment to Innovation, an area which has continued to focus on capital expenditure in order to develop new products, processes and technologies. In this regard, it is worth mentioning the loan of €65 million granted by the EIB to boost R&D&I activities of the TUBACEX Group. The loan fosters the innovation strategy from a threefold perspective: new product R&D activities; developing their corporate R&D center; and advanced manufacturing and new technologies.