The company reported revenue of RON1.4 billion in 2018, up 18% versus 2017.
In 2018, TMK completed a $36 million investment in a new heat-treatment line for steel pipes and tubes. TMK-Artrom Slatina exports over 80% of production mostly to the European and American markets.
TMK Artrom Slatina is direct supplier for Dacia, both for Renault factory in Pitesti, and for other production centers.
TMK Group, controlled by Russian billionaire Dimitri Pumpianski, holds 5.4% of the global industrial pipe market.