Alro S A : Current report in compliance with of article no. 92³ of Law no. 24/2017 (ALRO S.A. & VIMETCO EXTRUSION SRL)
July 31, 2021 at 02:22 am EDT
Share
Fri, 07/30/2021 - 18:59
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), on the date of July 30th, 2021, a new transaction based on sale-purchase contract, whose cumulated value 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 for the year 2020, in amount of RON 51,598,374.
Details regarding the transaction concluded July 30th, 2021 by ALRO S.A., as Seller with VIMETCO EXTRUSION S.R.L., as Buyer, containing information on the transaction date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 1 hereto.
Attachments
Original document
Permalink
Disclaimer
Alro SA published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2021 06:21:02 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.