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Artrom Steel Tubes SA (Romania)

Main Activities: Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
Full name: Artrom Steel Tubes SA Profile Updated: February 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

TMK-Artrom SA 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 SA. On November 20th 1995 the company listed its shares on the Bucharest Stock Exchange. On March 1st 2006, Artrom SA 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 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 220,000 tonnes per year. Sales of TMK-Artrom products are carried out by TMK commercial branches: TMK-ARTROM’s sales department for South and East of Europe; TMK-Europe, Dusseldorf, Germany in North Europe for North of Europe; TMK-Italia, Lecco, Italy for South-West of Europe; TMK-IPSCO, USA; for North America; TMK Middle-East, Dubai, U.A.E. for Middle East / Africa.

Headquarters
Strada Draganesti Nr. 30
SLATINA; Olt;

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 31, 1991
Key Executives
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Director
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Director
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Director
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Director
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Director
Ownership Details
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99.9999%
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0.0001%
Subsidiaries
Artrom Assets SRL
100%
Company Performance
Financial values in the chart are available after Artrom Steel Tubes SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
31.96%
Total operating revenue
33.54%
Operating profit (EBIT)
343.29%
EBITDA
151.87%
Net Profit (Loss) for the Period
N/A
Total assets
3.38%
Total equity
25.22%
Operating Profit Margin (ROS)
4.41%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-36.59%
Quick Ratio
1.19%
Cash Ratio
0.07%

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