TMK-ARTROM was founded in 1982, as a state owned company, under the name IT Slatina and its production started in 1988. It was transformed into a public limited company in 1991, and renamed ARTROM S.A.
On November 20th 1995 the company listed its shares on the Bucharest Stock Exchange.
Then ARTROM S.A. went through the privatization process and became a public joint-stock company on April 30th, 1999 with the Austrian company STARO Gmbh as its majority shareholder. In 2001, the German company Sinara Handel GmbH (renamed TMK-EUROPE) bought a controlling stake in ARTROM S.A.
On March 1st 2006, ARTROM S.A. joined the world’s second largest pipe producer when it became part of the TMK GROUP of companies and changed its name, one last time, to TMK-ARTROM.
In the last few years, technology and equipment have been upgraded to high performance and state of the art levels. Most upgrades were carried out after 2001 and new ones are still being implemented. In February 2007, a new pipe manufacturing line was put into operation – a Cross Piercing Elongator. As a result, the production capacity of TMK-Artrom now reaches 200,000 tonnes per year.
These investments increased production quality and allow a better and more efficient control of production parameters.
TMK-ARTROM does not have any in-house steel-making capacity and its steel billets are supplied mainly by TMK-RESITA as well as Volzhsky Pipe Plant, also part of the TMK GROUP.
TMK-ARTROM and TMK-RESITA are managed by the same Board of Directors and the same Committees.
Sales of TMK-ARTROM products are carried out directly from the mill and by TMK commercial branches:
