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

Fri, 05/31/2024 - 14:53

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 May 31st, 2024 with the company VIMETCO MANAGEMENT ROMANIA S.R.L. one 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 April 1st –30th, 2024 in total amount of RON 12,153,542.
  • Details on the transaction concluded on May 31st, 2024 by ALRO S.A. as Buyer/Consumer, with the company VIMETCO MANAGEMENT ROMANIA S.R.L. as Seller/Provider, in estimated amount of RON 172,559,041.

Details have been enclosed to this Report, as follows:

  • Annex 1 - Reporting of transactions carried out during the period April 1st – 30th, 2024;
  • Annex 2 - Reporting of contracts related to the transactions in Annex 1;
  • Annex 3- Reporting of transaction concluded on May 31st, 2024 and of mutual debts and receivables balances as of April 30th, 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

Hide URL: 
Show URL