The paper is devoted to the research of the interfacial transition zone steel bar – cement matrix changes in reinforced concrete after different time of exploitation from 3 months to forty years. It was found that firstly iron ions from steel are diffusing into cement matrix and reacting with calcium ions with hydrated calcium ferrite formation. There are two routs of hydrated calcium ferrite forma tion: the reaction of calcium and iron ions in the zone previously moccupied by portlandite. The second is the transformation of the phase C-S-H by iron ions, which are substituting gradually the silica. Later the calcium ions diffusion into the passive film on steel and even into the steel are occurring with the hydrated calcium ferrite formation and the farther changes of ITZ are causing. However, even after eighty years, the bond of steel with cement matrix is very good, and measured value is in the range 3 MPa to 4 MPa. Thus these processes are totally changed the ITZ composition, however, without porosity increase and with good bond of steel bars with concrete. On the steel bars the passive film is starting slowly to be formed, probably immediately after the beginning of concrete hardening. After three months of the reinforced concrete curing about 30% of steel surface became covered by this film. After thirty years the passive film on steel is remaining in the very good state, after forty years the beginning of destruction starts to be visible, but after eighty years became almost totally destructed. Despite the passivation film destruction no trace of rust was found even on the steel bars in eighty years old reinforced concrete.