Alro S A : Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALRO S.A. & CONEF GAZ S.R.L.)
January 14, 2022 at 05:15 pm EST
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Significant event to be reported: Reporting of transactions with related parties according to art. 108paragraph 3 and paragraph 13 of Law no. 24/2017 - Republished
Please be informed by the present Current Report, that ALRO S.A. concluded with the company CONEFGAZSRL, company under joint control, on the date of 14 January 2022 a new contract, whose value cumulated with the other transactions concluded/ carried out within the last 12 months, cumulatively exceeds 5% of the Company's net assets, as per ALRO S.A. Standalone Financial Statements related to the first 6 months of 2021, in amount of RON 50,219,273, as follows:
Transactions of ALRO S.A. with CONEFGAZSRL concluded/ carried out during the period 1st October 2021 - 31st December 2021 in total amount of RON 29,211,864.
Details on the contract concluded on 14th January 2022 by ALRO S.A. with the Company CONEF GAZ SRL, estimated amount of RON 113,549,130.
Details have been enclosed to this Report, as follows:
Annex 1 - Reporting of concluded/carried out transactions during the period 1st October 2021 - 31st December 2021;
Annex 2 - Reporting of contracts related to the transactions in Annex 1
Annex 3 - Reporting of contract concluded on 14th January 2022 and of mutual debts and receivables (balances) as of 31 December 2021.
The Company management declares that the management has assessed the reported transactions as being economically correct and justified.
Chairman of the Board of Directors Chief Executive Officer
Marian Daniel Nastase Gheorghe Dobra
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Alro SA published this content on 14 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2022 22:14:12 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.
ALRO S.A. 
