# TMK Artrom plans to expand steel pipe capacity to 320,000 tonnes by 2024

TMK Artrom, a Romanian subsidiary of Russian steel group TMK, announced plans to expand its production capacity from 200,000 tonnes to 320,000 tonnes of industrial pipes annually by 2024. The company also hired Raiffeisen Bank for a share placement.

- Type: Expansion
- Announced: 2019-03-05
- Where: Slatina, Romania
- Starts operating: 2024
- Status: announced
- Capacity: 320,000 tonnes per year
- Products: industrial steel pipes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [TMK Artrom](https://endata.com/companies/37780.md)
- [TMK](https://endata.com/companies/7000.md) (investor)

## Sources

- [romania-insider.com](https://www.romania-insider.com/tmk-raiffeisen-share-placement), 2019-03-05: "TMK Artrom recently announced plans to expand its production capacity from 200,000 tonnes of industrial pipes annually to 320,000 tonnes by 2024."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.