History of the Company

DAM 2004 ACÉL- ÉS HENGERMŰ Ltd. has the oldest and most storied metallurgical past in Hungary. It was founded by Queen Marie Theresa in 1770 for the purpose of supplying iron and steel products for domestic production in this newly industrializing country. The factory celebrates the 235th anniversary of its establishment in 2005.

During the two and a quarter centuries of continuous modernization it has developed into a full metallurgical company with the introduction of modern producing technologies and equipment for the production of iron and steel in such a way that technologies which became out of date and obsolete were taken out of commission.

The company's principle is to direct a company's production and marketing activity in such a way that domestic and foreign customers will be totally supplied according to quality, quantity and schedule.