Francisco Ros García, heir to the Ros Casares steel empire, passed away.
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Francisco Ros García, heir to the Ros Casares steel empire, passed away.
- Francisco Ros García, who was the CEO of Grupo Ros Casares, passed away in Valencia last Thursday after a long illness.
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Ros Casares, a prominent Valencian metallurgical group founded in 1954 by Francisco Ros Casares, faced liquidation after being significantly impacted by an economic crisis.
Francisco Ros García, the son of the founder and former CEO of Grupo Ros Casares, a major Valencian steel conglomerate, passed away in Valencia last Thursday following a prolonged illness. Ros García was the heir to the industrial empire established by his father, Francisco Ros Casares, often referred to as the “king of steel.” The company, headquartered in Valencia, focused on the processing, distribution, and logistics of steel products.
Grupo Ros Casares, founded in 1954, grew to become a significant force in the Spanish metallurgical sector. The elder Francisco Ros Casares was known for his entrepreneurial vision, starting with modest beginnings by reselling iron in Valencia and expanding the business significantly in 1959. Over the decades, the group diversified into wholesale steel distribution, hardware stores, manufacturing, machinery commercialization, and the automotive auxiliary sector, forming alliances with major groups like Thyssen.
Francisco Ros García played a key role in the company’s management, serving as CEO. However, the group faced considerable challenges during an economic crisis and eventually entered into receivership over a decade ago, leading to its liquidation. Beyond his corporate responsibilities, Ros García was also involved in various business associations, including presiding over the Association for the Progress of Management and being a member of the Valencian Association of Entrepreneurs (AVE) and the Chamber of Commerce.