The majority shareholder, TMK Europe, owned by Russian billionaire Dmitry Pumpyansky, has acquired full control over the company, buying out other shareholders at a price of RON6.0398 per share.

TMK shares have been suspended from trading since mid-April.

At the end of January, TMK Europe concluded a public purchase offer to acquire additional shares in TMK-Artrom Slatina, reaching a holding of 98.8%, above the 95% threshold allowing it to delist it from the stock market.