Digital Transformation Program started. ISO 50001 certification completed.
2019
20.000 m2 facility construction for both grinding and manual assembly completed.
2017
SAP ERP and QDAS SPC System in use. Facility for centerless and face grinding & advanced waste water treatment system with vacuum evaporator in use.
2015
Investment planned to increase annual capacity up to 135 M. pieces. 20.000 m2 facility construction started.
2014
ORS Produced its 1 Billionth Product.
2013
New Factory Building of 26000 m² was built.
2010
Second Wastewater Treatment Plant was built.
2009
R&D Center was established. Manufacturing of Sheet Metal Clutch Bearings was started.
2008
Manufacturing of Cylindrical and Tapered Roller Bearings was started.
2007
Annual Production reached 55 million bearings.
2006
Forging and Turning facilities of 40000 m2 was built.
2005
Ford Q1 audit certificate was received. Annual bearing production reached 50 million bearings. Two new Natural Gas Co-Generation Power Plants was built.
2004
ISO 14000 certification was received.
2003
ISO/TS 16949 certification was received.
2000
QS9000 certification was received. First fully automatic Grinding-Assembly-Final Control production line started running.
1999
USA Warehouse was established.
1998
Co-generation power plant was started.
1997
New forging facility of 10000 m² was established.
1996
Annual production capacity reached 20 million with a cumulative total production of 100 million.
1994
Export reaches 35% of all sales.
1993
ISO 9000 audit and certification was received. Waste-water treatment plant was constructed.
1992
Double-row bearing production was started. Annual production reached 10 million with a cumulative total production of 50 million.
1991
End of license agreement with SKF Austria.
1989
SKF acquired STEYR. License agreement continued with SKF Austria.
1988
First export was executed.
1987
Annual production reached 4.5 million finished goods.
1986
Mass production started.
1984
Partnership Agreement signed with Steyr Waelzlager/Austria.