CIE Automotive achieves a net profit of 287.5 million euros in 2019, 18% more than the previous year
The Group has generated more than 340 million in operating cash flow in the year
No relevant impact expected by coronavirus
On Thursday, January 23rd, CIE Inyectametal received a visit from the Lehendakari (President of the Basque Government), Iñigo Urkullu, the Economic Development and Infrastructure Adviser, Arantxa Tapia, and, the Vice-Adviser of Industry, Javier Zarraonandia.
The integrated business is specialized in the manufacture of gears and has plants in Italy and the USA.
CIE Automotive announces during its General Shareholders´ meeting that the company will reach its 2020 targets by 2019