OTELINOX was established on June 01 1974, following an international tender won by Japanese companies NISSHIN STEEL CO Ltd. for manufacturing of cold rolled stainless steel strips and sheets and DAIDO STEEL Co for manufacturing of hot rolled small profiles and wire rod. Both production units have been commissioned in 1979 and respectively 1980.

In October 1997, SAMSUNG DEUTSCHLAND GmbH - a branch of SAMSUNG CORPORATION Korea, has acquired the main package of shares (51%) of OTELINOX S.A.

OTELINOX owns a production capacity for stainless steel strips and sheets of 60.000 to/ year and a capacity for small profile and wire-rod of 100.000 to/year.

OTELINOX is the only producer of stainless steel products in the former communist countries in Europe. The products are being sold especially in Europe, but also in Asia, North America, etc.