▁new ▁owner ▁in ▁the ▁process . ▁A ▁Buch ar est - head qu arter ed ▁S . A . ▁that ▁owned ▁the ▁plants ▁at ▁G ala ţ i ▁and ▁at ▁N ă drag ▁took ▁on ▁C ă lan ; ▁the ▁Chris so vel oni ▁Bank ▁and ▁Max ▁Aus chn itt ▁were ▁also ▁involved ▁in ▁the ▁deal . ▁The ▁new ▁concern ▁that ▁emer ged ▁from ▁these ▁moves , ▁called ▁the ▁T itan ▁S AR ▁Met all urg ical ▁Pl ants , ▁ended ▁up ▁ow ning ▁the ▁works ▁at ▁C ă lan , ▁O ț el u ▁Ro ș u , ▁G ala ţ i ▁and ▁N ă drag , ▁as ▁well ▁as ▁the ▁T eli uc ▁mine . ▁Once ▁rolling ▁mill s ▁started ▁operating ▁at ▁O ț el u ▁Ro ș u , ▁the ▁found ry ▁there ▁and ▁the ▁workers ▁who ▁ran ▁it ▁were ▁sent ▁to ▁C ă lan ▁in ▁mid - 1 9 2 6 . ▁ ▁Following ▁the ▁economic ▁crisis ▁of ▁the ▁Great ▁De pression ▁( 1 9 2 9 - 1 9 3 3 ), ▁several ▁invest ments ▁became ▁feas ible . ▁The ▁St rei ▁River ▁hydro elect ric ▁power ▁station ▁was ▁completed ▁in ▁November ▁ 1 9 3 4 ; ▁the ▁plant ▁was ▁modern ized ▁and ▁the ▁furn aces ▁were ▁brought ▁back ▁into ▁action . ▁There ▁were ▁forty ▁engine ers ▁and ▁for emen ▁and ▁ 6 7 1 ▁workers ▁in ▁ 1 9 2 7 ; ▁by ▁ 1 9 3 8 , ▁the ▁total ▁number ▁of ▁employees ▁stood ▁at