Communiqué regarding the availability of the Consolidated Annual Report for the financial year ended 31 December 2024
Tu 4/29/2025 5:47 PM
ALRO S.A. (“ALRO”) informs shareholders and investors on the availability of the Consolidated Annual Report for the financial year ended 31 December 2024, prepared in compliance with the provisions of the Regulation no. 5/2018 issued by the Financial Supervisory Authority (“FSA”) for issuers and operations with securities and with the provisions of the Bucharest Stock Exchange (“BSE”) Code, starting with 29 April 2025. The financial results for 2024 were approved by the Annual General Shareholders Meeting ("GSM"), which was held on 29 April 2025.
ALRO Group Annual Report for the financial year ended 31 December 2024 was prepared in accordance with the Ministry of Public Finance Order no. 2844/2016, with subsequent amendments, which is in accordance with the International Financial Reporting Standards (IFRS) adopted by the European Union (EU) with some exceptions that do not affect the compliance with IFRS.
This communiqué was simultaneously sent to the Bucharest Stock Exchange and to the Financial Supervisory Authority.
Additional information may be obtained from the Investor Relations Department, e-mail: investor.relations@alro.ro.
ALRO Group Annual Report for the financial year ended 31 December 2024 is audited and is available on the Company’s website, category “Investor Relations”, section “Reports”: http://www.alro.ro/en/reports.
Marian-Daniel NĂSTASE Marin CILIANU
Chairman of the Board of Directors Chief Executive Officer
For further information, please contact:
Florența Ghiță
Bucharest
Phone: +40 744 644 004
Email: investor.relations@alro.ro
Notes to the Editor:
ALRO Group
The companies part of ALRO Group are: ALRO S.A. – manufacturer of aluminium, ALUM S.A. – producer of alumina, Vimetco Extrusion S.R.L. – extrusion business line, Conef S.A. – holding and management company, Vimetco Trading – aluminium sales and CCGT- Power Isalnita- associate.
ALRO
ALRO is a subsidiary of Vimetco PLC (Republic of Cyprus), a global, vertically-integrated primary and processed aluminium producer. The structure of ALRO shareholders is: Vimetco PLC (54.19%), Paval Holding (23.21%), Fondul Proprietatea (10.21%) and others (12.39%).
ALRO is one of the largest vertically integrated aluminium producers in Europe, by production capacity, with a production capacity of 265,000 tpa of electrolytic aluminium, an Eco-Recycling capacity 100,000 tpa, resulting in a production of recycled liquid aluminium of 94,000 tpa. The capacity of the Aluminium Cast House is 315,000 tpa and the processing capacity is 140,000 tpa of cold and hot rolled facilities and extrusion division.
The main market for ALRO products is represented by the European Union; the Company exports its products to the USA and to the Asia as well. ALRO is ISO 9001 certified for quality management and has NADCAP and EN 9100 certificates for aerospace production organizations, ALRO products adhere to the quality standards for primary aluminium on the LME, as well as international standards for flat rolled products.
Since 2020, ALRO and Vimetco Extrusion have been members of ASI (Aluminium Stewardship Initiative), an international association that contributes to enhancing sustainability in the global aluminium sector. In 2023, ALRO and Vimetco Extrusion achieved the certification under ASI’s Third version of Performance Standards.