In 2011 the renovations of the stadium started and after one year the club was re-founded, this time as CSM Oltenița.

ȘN Oltenița played at this level for five years before advancing to the Divizia B at the end of the 1969–70 season.

[1] The club was strongly supported by the Oltenița shipyard and they had good results and at the end of the 1971–72 season occupied the 3rd place (best ranking in its entire history).

In 1992 after the Romanian Revolution and fall of the communism in Romania, Oltenița shipyard, which was an institution of the state, has begun to face growing financial problems, which has also shifted to the football team.

[8] In the past the stadium could fit 10,000 people, but the capacity was reduced by the irreparable damage suffered during the period in which it was abandoned.