Alro : Current report in compliance with Regulation no.1/2006 of NSC and with the stipulations of article no. 82 of Law no. 24/2017 regarding Issuers of Financial Instrument and Market Operations
August 28, 2017 at 01:48 am EDT
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Fri, 08/25/2017 - 16:41
Please be informed by the present Current Report, that ALRO S.A. concluded with the company ALUM S.A.., (member of Alro's group registered at the Financial Supervisory Authority)the next transaction whose value to over EUR 50,000 (the exchange rate is 4,5886 RON/EUR; 3,8923 RON/USD, the calculated value does not include VAT):
ALUM S.A.
No.
Number and date
Object
Estimated total value (RON)
Mutual debts
Guarantee
Payment terms and means
1.
1158/18.08.2017
Addendum no.22 to the Contract no. 02/2006 concerning the pricing for electrical energy introduction into the network starting with July 1, 2017 and alteration of the delay penalties amount.
12,691,746
-
-
-Within 7 calendar days from the advance payment invoice issue date;
-Within 15 calendar days from the adjustment invoice issue date
Note
*this value represents a revision of the contract value for the period July-December 2017, the contract was reported on February 23, 2017.
President of the Board of Directors Chief Executive Officer
Marian Daniel Nastase Dr. ing Gheorghe Dobra
Alro SA published this content on 25 August 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 August 2017 05:47:01 UTC.
Original documenthttp://www.alro.ro/en/article/current-report-compliance-regulation-no12006-nsc-and-stipulations-article-no-82-law-no-242-4
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Alro SA is a Romania-based company engaged in the manufacture of aluminum. The Companyâs portfolio includes primary aluminum products, such as wire rod, billets, slabs, foundry alloys and ingots, as well as processed aluminum products, such as aluminum plates from soft, medium and hard alloys, including non heat-treated plates and heat-treated plates, sheets, coils, tread plates, embossed sheets and coils, corrugated and heat treated sheets and extrusions. Through its subsidiaries, the Company is also involved in the production of alumina and in the bauxite mining. The Company operates four main production units, including anode facility, electrolytic facility, cast house and processing plant, as well as ancillary and service units, such as electric current transformation and rectification unit, the metallurgical repairs unit, and the pot and furnace repair unit, among others. As of June 30, 2011, the Companyâs subsidiaries included Alum SA, Conef SA and Vimetco Extrusion Srl.
Alro : Current report in compliance with Regulation no.1/2006 of NSC and with the stipulations of article no. 82 of Law no. 24/2017 regarding Issuers of Financial Instrument and Market Operations
ALRO S.A. 
