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

Mon, 07/04/2016 - 14:58

Please be informed by the present Current Report, that Alro S.A. concluded with the company  Vimetco Extrusion S.R.L., (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 4,5148 RON/EUR; 4,0639 RON/USD the calculated value does not include VAT):

Vimetco Extrusion S.R.L.

No.

Number and date

Object

Estimated total value (RON)

Mutual debts

Guarantee

Payment terms

1.

P070116-159

Addendum no.3 to the contract no. I 2545/2016 regarding the setting of the processing premium  for the quantity of 5,794 Mt. of aluminium billets, type 6060/6063/6005 and 6082, which is to be delivered within the period July - September 2016

45,933,998*

-

-

Maximum 90 days from delivery

Note :

*this estimated value is included in the value of the contract reported on 21.01.2016.

 

                President of the Board of Directors

                           Marian Daniel Nastase

                                 

                                General  Manager

                                 Gheorghe Dobra