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Current report drafted according to the stipulations of the 225 article of the Law no. 297/2004
Tue, 02/04/2014 - 11:22
Please be informed by the present Current Report, that S.C. Alro S.A. concluded with the commercial companies ALUM S.A.,Vimetco Extrusion S.R.L., SIERRA MINERAL HOLDINGS 1 Ltd. (member of Alro’s group registered at the Financial Supervisory Authority) transactions whose cumulated values amount to over EUR 50,000 (the exchange rate is 4.4978 RON/EUR; 3.3221 RON/USD the calculated values are exclusive of VAT):
ALUM S.A.
|
No. |
Number and date |
Object |
Estimated total value (RON) |
Mutual debts |
Guarantee |
Payment terms |
|
1. |
3/08.01.2014 |
Rent a fixed means |
510,540 |
- |
- |
Payment will be made with order for payment 30 days from the receipt of the invoice or by compensation |
|
2. |
121/30.01.2014 |
Addendum no. 6 to the contract no. CI 01-03/287/26.07.2005 (41/03.03.2005) regarding the computation algorithm for the price of calcined alumina delivered by S.C. Alum SA to S.C. Alro SA during the period 01.01.2014-30.09.2014 |
377,047,553
|
- |
- |
According to a payment schedule agreed by both parties at the end of each month for the following delivery month |
|
3. |
122/30.01.2014 |
Addendum no.6 to the contract no. CI 01-03/288/26.07.2005 (42/03.03.2005regarding the computation algorithm for the price of calcined alumina delivered by S.C. Alum SA to S.C. Alro SA during the period 01.01.2014-30.09.2014 |
46,485,315
|
- |
- |
According to a payment schedule agreed by both parties at the end of each month for the following delivery month |
|
4. |
123/30.01.2014 |
Addendum no.6 to the contract no.CI 01-03/289/26.07.2005 (43/03.03.2005) regarding the computation algorithm for the price of calcined alumina delivered by S.C. Alum SA to S.C. Alro SA during the period 01.01.2014-30.09.2014 |
92,970,630
|
- |
- |
According to a payment schedule agreed by both parties at the end of each month for the following delivery month |
|
5. |
65/17.01.2014 |
Addendum no.16 to the contract no.02/ 2006 concerning the extension until 31 December 2014 the validity of the contract for the supply of electricity by Alro SA to Alum SA |
31,494,385 |
- |
- |
Within10 financial days from invoice date |
VIMETCO EXTRUSION S.R.L.
|
No. |
Number and date |
Object |
Estimated total value (RON) |
Mutual debts |
Guarantee |
Payment terms |
|
1. |
60/14.01.2014 |
Sale-purchase of non-hazardous waste |
1,141,345 |
- |
- |
Within90 days from invoice date and by compensation |
|
2. |
102/28.01.2014 |
Rent a fixed means |
414,144 |
- |
- |
Within30 days from invoice date or by compensation |
SIERRA MINERAL HOLDINGS 1 Ltd.
|
No. |
Number and date |
Object |
Estimated total value (RON) |
Mutual debts |
Guarantee |
Payment terms |
|
1. |
69/20.01.2014 |
Services contract |
297,135
|
- |
- |
The payment will be effected at 60 days from invoice date |
|
President of the Board of Directors Marian Daniel Nastase |
General Manager Gheorghe Dobra |
