History of Roman

In the communist era, the city lost the county capital status, being included, in 1950-52 and 1956-68, in Bacău Region, in 1952-56 in Iași Region, and then, in 1968, in Neamț County. It also became the target of industrialization: in 1957, the steel tubes factory started production. Roman became an important industrial center in Romania.

After the fall of communism, most of the heavy industry, relying strongly on state subsidies, went bankrupt and Roman's economy struggled. The steel tubes factory was privatized, and it is now owned by the Mittal Steel Company N.V., and the economy started to recover