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
February 01, 2018 at 10:25 am EST
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Thu, 02/01/2018 - 18:18
Please be informed by the present Current Report, that ALRO S.A. concluded with the company VIMETCO EXTRUSIONS.R.L., (member of Alro's group registered at the Financial Supervisory Authority)the following transactionswhose cumulated values amount to over EUR 50,000 (the exchange rate is 4.6582 RON/EUR; 3.7442 RON/USD and the calculated values are exclusive of VAT):
VIMETCO EXTRUSION S.R.L.
No.
Number and date
Object
Estimated total value (RON)
Mutual debts
Guarantee
Payment terms
and means
1.
171/01.02.2018
Addendum no.2 to the service contract no. 40003531/2016 regarding the contract extension until the date of 31.12.2018
1,453,835
-
-
With payment order within 30 days from invoice issue date
2.
172/01.02.2018
Addendum no.3 to the contract no. 40003072/2015 regarding the contract extension until the date of 31.12.2018 and establishing the price for drinking, industrial and softened water supply
67,270
-
-
With payment order within 30 days from invoice issue date
3.
173/01.02.2018
Addendum no.16 to rental contract no.2347/2006 on establishing the utilities costs for 2018
190,944
-
-
With payment order within 30 days from invoice issue date
4.
P020118-400
Contract no. I 2913/2018 for the supply of 24,556 tons +/- 2% of aluminum billets, alloys 6060/6063/6005 and 6082, during period January - December 2018
236,809,136
-
-
Maximum 90 days from delivery
President of the Board of Directors Chief Executive Officer
Marian Daniel Nastase Gheorghe Dobra
Alro SA published this content on 01 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 February 2018 15:24:01 UTC.
Original documenthttp://www.alro.ro/en/article/current-report-compliance-regulation-no12006-nsc-and-stipulations-article-no-82-law-no-24-11
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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