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

Thu, 07/28/2022 - 15:56

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

Please be informed by the present Current Report, that ALRO S.A. concluded on the date of July 28th, 2022 with the company CONEF GAZ SRL, company under joint control, 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 May 1st, 2022 – June 30th, 2022 in total amount of RON 33,078,443.
  • Details on the contract concluded on July 28th, 2022 by ALRO S.A., as Buyer with the company CONEF GAZ SRL, as Seller, in estimated amount of RON 24,377,952.

Details have been enclosed to this Report, as follows:

  • Annex 1 - Reporting of concluded/carried out transactions during the period May 1st, 2022 – June 30th, 2022;
  • Annex 2 - Reporting of contracts related to the transactions in Annex 1
  • Annex 3 - Reporting of contract concluded on July 28th, 2022and of mutual debts and receivables (balances) as of June 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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