Alro : Current report in compliance with Regulation no.1/2006 of NSC and with the stipulations of article no. 225 of the Capital Markets Law no. 297/2004
January 05, 2017 at 01:42 am EST
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Thu, 01/05/2017 - 09:35
Please be informed by the present Current Report, that ALRO S.A. concluded with the company VIMETCO EXTRUSION S.R.L. (member of Alro Group registered with the Financial Supervisory Authority) and with company CENTRUL RIVERGATE S.R.L.the following transactionswhose cumulated values amount to over EUR 50,000 (the exchange rate is 4,5175 RON/EUR; 4,3408 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.
1534/22.12.2016
Addendum no.2
to the contract no. 40003370/2015 regarding the extension of the contract validity until September 302017
288,000
-
-
With payment order within 30 days from the invoice date
CENTRUL RIVERGATE S.R.L.
No.
Number and date
Object
Estimated total value / annual
(RON)*
Mutual debts
Guarantee
Payment terms
and means
1.
2/03.01.2017
Addendum no.12
to the contract
nr.2105/2009 regarding the supplementation of the value of the services provided by Centrul Rivergate SRL to Alro SA, starting 01.01.2017
8,423,676*
-
-
With Payment Order within 5 days from invoice issuance
Notes:
* considering that the contract duration is indefinite, the total value of the contract can not be established.
President of the Board of Directors Chief Executive Officer
Marian Daniel Nastase Dr. ing Gheorghe Dobra
Alro SA published this content on 05 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 January 2017 06:42:13 UTC.
Original documenthttp://www.alro.ro/en/article/current-report-compliance-regulation-no12006-nsc-and-stipulations-article-no-225-capital-mar
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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. 225 of the Capital Markets Law no. 297/2004