Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALRO S.A. & ALUM S.A.)

Fri, 08/12/2022 - 17:45

Significant event to be reported:Reporting of transactions with related parties according to art. 108 paragraph 3 and paragraph 13 of Law no. 24/2017 - Republished

Please be informed by the present Current Report, that ALRO S.A. carried out during the period July 1st - 31st, 2022, with the company ALUM S.A. Tulcea (member of Alro Group registered with the Financial Supervisory Authority), the following transactions that exceed 5% of the Company’s net assets as per ALRO S.A. Standalone Financial Statements related to the first 6 months of 2022, amounting to RON 53,695,300, as follows:

  • Transactions of ALRO S.A. with ALUM S.A. Tulcea, carried out during the period July 1st - 31st, 2022, in total amount of RON 66,300,197.

Details have been enclosed to this Report, as follows:

  • Annex 1 - Reporting of transactions carried out during the period July 1st - 31st, 2022;
  • Annex 2 - Reporting of contracts related to the transactions in Annex 1;
  • Annex 3 - Reporting of mutual debts and receivables balances as of July 31st, 2022.

The Company management declares that the management has assessed the reported transactions as being economically correct and justified.


Chairman of the Board of Directors                                                              Chief Executive Officer

          Marian Daniel Nastase                                                                             Gheorghe Dobra

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