Alro S A : Current report in compliance with of no. 92 ind 3 of Law no. 24/2017 (ALRO S.A. & ALUM S.A.)
January 20, 2021 at 09:24 pm IST
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Wed, 01/20/2021 - 17:43
Please be informed by the present Current Report, that ALRO S.A. carried out during December 2020, with the company ALUM S.A.Tulcea (member of Alro Group registered with the Financial Supervisory Authority), the following transactions that cumulatively exceed 5% of the Company's net assets as per ALRO S.A. 2019 Standalone Financial Statements, amounting to RON37,077,541 as follows:
Transactions of ALRO S.A. withALUM S.A.Tulcea, carried out during December 2020, in total amount of RON50,162,111.
Annex 1 - Reporting of transactions carried out during December 2020
Annex 2 - Reporting of contracts related to the transactions in Annex 1
Annex 3 - Reporting of mutual debts and receivables balances as of December 31st, 2020
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Alro SA published this content on 20 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2021 15:53:04 UTC
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.