Current report drafted according to the stipulations of the 225 article of the Law no. 297/2004

Thu, 06/12/2014 - 19:47

Please be informed by the present Current Report, that Alro S.A. concluded with the company Vimetco Extrusion S.R.L. (member of the Alro Group registered at the Financial Supervisory Authority)  the following transactions whose cumulated values exceed EUR 50,000 (the exchange rate is 4.3916 RON/EUR, 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

1.

477/27.05.2014

Addendum no.7 to the contract nr.E1153 bis/2006 regarding the processing  of aluminium billets scrap by Alro S.A.

5,840,389

-

-

With payment order within 30 days from the invoice date

2.

484/29.05.2014

Addendum no.6, regarding

the extension until December 31, 2014 of the validity of the  agreement no.712/2008 for rendering services by ALRO SA to  Vimetco Extrusion SRL

1,088,122

-

-

With payment order within 30 days from invoice date

or by compensation

 

                 President of the Board of Directors

                           Marian Daniel Nastase

                                General  Manager

                                 Gheorghe Dobra