Alro S A : Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALUM S.A. & CONEF GAZ SRL)
May 19, 2022 at 11:02 am EDT
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Thu, 05/19/2022 - 17:56
Please be informed by the present Current Report, that ALUM S.A., subsidiary of ALRO S.A., concluded with the company CONEFGAZS.R.L., related party of ALRO Group, on the date of May 19th, 2022, one new transaction based on a purchase contract and carried out in the period March 1st, 2022 - April 30th, 2022, the following transactions that, cumulatively exceed 5% of the Company's net assets as per ALRO S.A. Standalone Financial Statements for the year 2021, in amount of RON 53,659,613, as follows:
Transactions of ALUM S.A., subsidiary of ALRO S.A., with CONEFGAZS.R.L., company which is under common control of ALRO Group, carried out in the period March 1st, 2022 - April 30th, 2022, in total amount of RON47,275,451.
Details regarding the transaction concluded on May 19th, 2022 by ALUM S.A., subsidiary of ALRO S.A., as Buyer, with the Company CONEF GAZ S.R.L., related party of ALRO Group, as Seller, in estimated amount of RON de 20,959,080.
Details have been enclosed to this Report, as follows:
Annex 1 - Reporting of transactions carried out during the period March 1st, 2022 - April 30th, 2022;
Annex 2 - Reporting of contracts related to the transactions in Annex 1;
Annex 3 - Reporting of the transaction concluded on May 19th, 2022 and of mutual debts and receivables (balances) as of April 30th, 2022.
Chairman of the Board of Directors Chief Executive Officer
Marian Daniel Nastase Gheorghe Dobra
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Alro SA published this content on 19 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2022 15:01:08 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. 
