It operates with facilities in Radinac (steel plant, hot and cold rolling mill), Smederevo (harbor), Šabac (tinplate) and Kučevo (limestone mining).

On 20 February 1913, the company was founded under the name SARTID a.d. (Srpsko akcionarsko rudarsko topioničarsko industrijsko društvo a.d.).

[15] On 17 February 2015, after month of negotiations, a Serbian PM Aleksandar Vučić announced that the Government of Serbia has decided to reject Esmark's offer for the purchase of the company.

[16] On 21 March 2015, a Management Service contract was signed between Železara Smederevo and the Dutch company HPK Engineering.

Signing this contract, Government of Serbia elected HPK Engineering as a company to manage Smederevo steel plant for the next three years.

It was stated that HPK Engineering will be responsible for creating the conditions for Železara Smederevo becoming profitable within the next 6 months while maintaining the current size of the labor force.