ArcelorMittal to transfer its R&D centre in the Basque Country to Sestao and invest €10M annually

Tuesday, January 31st, 2017

-consejera en visita arcelor
Basque Minister for Economic Development, Arantxa Tapia, during the opening ceremony of the ArcelorMittal Global R&D Centre.

ArcelorMittal has announced that it will move its R&D center for the whole of the Basque Country to the ACB plant in Sestao (Bizkaia), where it will invest 10 million euros per year. In the last quarter, the ACB plant in Sestao, Bizkaia, has achieved its goal of “not losing Money”, according to José Manuel Arias, CEO ArcelorMittal EuropeFlat Products.

 

Arias made these announcements in Sestao, in the presence of the Basque Minister for Economic Development, Arantxa Tapia, during the opening ceremony of the ArcelorMittal Global R&D Centre in the Basque Country, recently moved from Zamudio Technology Park to these new ACB facilities.

 

The ArcelorMittal R&D centre, one of the twelve the company has in the world, has a staff of 15 people and will not only provide service to the ACB but to all the plants in the Basque Country, although 75% of the work will be focused toward the Sestao steelworks because, “this is what is most needed at the moment”.

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