Ion Vasile

S.C. OTELINOX S.A.

OTELINOX was established on June 01 1974 and has become a leading manufacturer of cold-rolled stainless steel strips. In February 1981, the Wire Rod and Bar Mill production plant was commissioned. Now, this plant doesn't exist. In October 1997, SAMSUNG DEUTSCHLAND GmbH – a branch of SAMSUNG CORPORATION Korea, has acquired the main package of shares (51%) of S.C. OTELINOX S.A. Now, Samsung Deutschland GmbH holds 94.25% of OTELINOX social capital. Starting 1998, SAMSUNG dedicates itself to rebuild and develop OTELINOX, so this will have, in the nearest future, an important role in the Romanian economy, as well as within SAMSUNG group. A large program of investments was implemented, aiming for the upgrade and automate of the equipments, but also new investments. In July 2002, a large investment was finalized, by creating a new production unit – Rolling Mill no.2 Plant. The plant produces thin and ultra-thin stainless steel narrow strips with thickness between 0.05 and 0.8 mm and widths between 5 and 650 mm. In April 2010, a new production unit was finalized – Rolling Mill no.3 Plant. The project for the new production unit started in September 2007 and the works were of large scale. Rolling Mill no.3 produces high precision stainless steel wide strips, with thickness between 0.1 and 1.5 mm and widths between 30 and 1250 mm. The cold rolling mill is the third high performance Sendzimir rolling mill in Otelinox, having a 50.000 tons production capacity. The products made in the new plant are 95% for the external market, same as all stainless steel product made in OTELINOX. The 900 employees were educated in the spirit of continuous improvement, development and innovation, many being involved in Six Sigma projects, a quality system implemented in OTELINOX since 2004.