Russula implements a Celsa rolling mill in France that will generate 300 million euros per year

The A Coruña-based company Russula, dedicated to developing and advising on engineering tasks, is involved in different projects that underpin its international expansion. The company, which had a turnover of almost 100 million euros in 2021, 33% more than the previous year, is executing a new steel rolling mill for the Catalan multinational steel company Celsa in the French city of Bayonne. This infrastructure involves an investment of 65 million euros and has a production capacity of 550,000 tons of rolled products per year. It will generate revenues of around 300 million euros per year. According to its forecasts, it will create 140 new direct jobs and 420 indirect jobs between France and Spain.

Russula, which since its inception has carried out projects for more than one hundred steel plants in 35 countries, is currently in an expansionary phase, with a turnover growth of 76 % in the last seven years. Its foreign turnover is 99.1 %, practically all of its operating income.

"We are a Galician company with an international soul. We have not been internationalized, we were born internationalized. It has been that way since the company was created in 1988 by my father, Manuel Maneiro, who is still its current president," says the general manager, Eva Maneiro.

However, she points out that "90% of Russula's supplies for its contracts are made in Spain, a good part of them in Galicia", so that they also try to contribute to job creation in their environment.