- 1964 By union of several groups of specialists from Romanian experienced companies in the field of machine–
tools has been founded The Machine –Tools Designing Centre in Bucharest.
- 1966 The Machine – Tools Designing Center became the Institute for Research and Designing Machine – Tools
and Aggregates (ICPMUA) specialised in research and designing of Machine – Tools. The Institute was the pilot unit
in creation and development of the machine – tools in Romania.
- 1977 - 1990 - The Institute for Research and Designing Machine–Tools and Agregates (ICPMUA) has been
named The Institute for Scientific Research and Technological Engineering for Machine – Tools TITAN (ICSITMU
TITAN).
- 1980 - 1990 - ICSITMU TITAN had the statute of central institute coordinating the entire research and designing
activity of the institutes belonging to the Ministry of Electrotechnical Industry (MIEt).
- 1991 ICSITMU TITAN became joint stock company under the name S.C. SIMTEX S.A.
- 2004 SC SIMTEX SA has been declared the company of strategical interest for Romania according to
Governmental Decision H.G. 863/2004.