Gonvarri invests 116.4 million euros in low carbon steel production and clean energy

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Gonvarri invests 116.4 million euros in low carbon steel production and clean energy

Gonvarri Industries, a Spanish manufacturer of steel processing equipment and metal products, continued to invest in sustainable development, low-emission steel production, energy efficiency and new technologies in 2025. According to the company's sustainability report for 2025, Gonvarri Industries' capital investments amounted to 116.4 million euros during the year, including projects aimed at low-carbon steel production, renewable energy sources and electrification of production processes. The company's sales volume in 2025 reached approximately 5 million tons, and EBITDA amounted to 335 million euros. Gonvarri operates in 27 countries and has 56 production facilities . . . RECA has fully acquired . . Of Gonvarri's capital investments of 116.4 million euros in 2025, 29.8 million euros were allocated to mergers and acquisitions. The report states that the acquisition of 100% of RECA was an important step in developing the group's new technological capabilities, expanding its presence in strategic markets and increasing business diversification . . . Expanding partnerships in the field of low-carbon steel production . . Gonvarri Industries stated that the use of low-emission steel in Europe is gradually expanding Depending on factors such as availability, certification, cost, and technological maturity, the Company has signed cooperation agreements with ArcelorMittal, thyssenkrupp Steel, and Hydnum Steel to increase low-carbon steel production. Using steel with a lower carbon dioxide content. In addition, low-emission steel solar tracking systems were supplied for Iberdrola photovoltaic projects in Portugal, and low-emission galvanized products were supplied for Schneider from Gonvarry in Barcelona. Environmental protection declarations have been prepared for galvanized coils in Gonvarri in Barcelona and for emergency barriers and road safety terminals in Gonvarri in Asturias . . . Emissions in Area 1 have decreased by 14% compared to 2022 In accordance with Gonvarri's carbon neutrality plan for 2030-2050, By 2030, the company aims to reduce emissions under Program 1 by 50% compared to the level of 2022 and receive 100% of the energy purchased from renewable sources. In 2025, application area 1, emissions, including Gonvvama, decreased by 4% compared to 2024 and by 14% compared to the 2022 baseline. Thus, the company exceeded the interim target for reducing emissions by 12%, set for 2025. During the same period, 61% of the electricity consumed and 29% of the heat and steam were obtained from renewable sources., ,

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