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

Wed, 03/02/2016 - 16:06

Please be informed by the present Current Report, that Alro S.A. concluded with the company  ALUM S.A., (member of Alro’s group registered at the Financial Supervisory Authority) the next transaction whose value to over EUR 50,000 (the exchange rate is 4,4655 RON/EUR; 4,1051 RON/USD the calculated value does not include VAT):

ALUM S.A.

No.

Number and date

Object

Estimated total value (RON)

Mutual debts

Guarantee

Payment terms

1.

63/12.02.2016

Addendum no.18 to the contract no.02/ 2006 concerning the extension until 31 December 2016 the validity of the contract for the supply of electricity by  Alro SA to  Alum SA

24,441,039

-

-

Within10 financial days from  invoice date

 

                President of the Board of Directors

                           Marian Daniel Nastase

                                 

                                General  Manager

                                 Gheorghe Dobra