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

Thu, 05/19/2022 - 17:50

Please be informed by the present Current Report, that ALRO S.A. concluded with the company CONEF GAZ SRL, company under joint control, on the date of May 19th, 2022 a new contract, whose value cumulated 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 2021 year, in amount of RON 53,659,613, as follows:

  • Transactions of ALRO S.A. with CONEF GAZ SRL concluded/ carried out during the period March 1st, 2022 – April 30th, 2022 in total amount of RON 44,552,024.
  • Details on the contract concluded on May 19th, 2022 by ALRO S.A., as Buyer with the company CONEF GAZ SRL, as Seller, in estimated amount of RON 18,217,886.

Details have been enclosed to this Report, as follows:

  • Annex 1 - Reporting of concluded/carried out transactions during the period March 1st, 2022 – April 30th, 2022;
  • Annex 2 - Reporting of contracts related to the transactions in Annex 1
  • Annex 3 - Reporting of contract concluded on May 19th, 2022and of mutual debts and receivables (balances) as of April 30th, 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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