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

Mon, 04/29/2024 - 13:16

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. concluded on the date of April 29th, 2024 with the company VIMETCO MANAGEMENT ROMANIA new transaction whose cumulated value with the other transactions concluded/ carried out within the last 12 months, cumulatively exceed 5% of the Company’s net assets as per ALRO S.A. Standalone Financial Statements for the year of 2023, amounting to RON 43,468,272.

  • Transactions of ALRO S.A. with VIMETCO MANAGEMENT ROMANIA S.R.L., carried out during the period March 1st –31st, 2024 in total amount of RON 11,537,368.
  • Details on the transactions concluded on April 29th, 2024 by ALRO S.A. with the company VIMETCO MANAGEMENT ROMANIA S.R.L., in estimated amount of RON 200,715,044.

Details have been enclosed to this Report, as follows:

  • Annex 1 - Reporting of transactions carried out during the period March 1st 31st, 2024;
  • Annex 2 - Reporting of contracts related to the transactions in Annex 1;
  • Annex 3- Reporting of transaction concluded on April 29th, 2024 and of mutual debts and receivables balances as of March 31st, 2024.


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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