Current report drafted according to the stipulations of the 225 article of the Law no. 297/2004

Tue, 02/11/2014 - 00:30

Please be informed by the present Current Report, that Alro S.A. concluded with the companies VIMETCO MANAGEMENT S.R.L. and VIMETCO TRADING S.R.L.the following transaction whose cumulated values amount to over EUR 50,000  (the exchange rate is 3.3040 RON/USD; 4.4824 RON/EUR; the calculated values are exclusive of VAT):

 

Vimetco  Management S.R.L.

No.Number and dateObjectEstimated total value (RON)Mutual debtsGuaranteePayment terms
1.

 

 

140/04.02.2014

Addendum no. 7 to the consultancy contract no. 4600002904/22.10.2008;

prolongation of the contract validity until December 31st, 2015

20,040,000--Within maximum 5 days from the beginning of every contractual calendar month

 

Vimetco  Trading  S.R.L.

No.Number and dateObjectEstimated total value (RON)Mutual debtsGuaranteePayment terms
1.138/04.02.2014Addendum no. 12 to the agency agreement dated July 1st 2008; determination of the preliminary remuneration due to the Agent for 2014 and the prolongation of the contract validity until December 31st, 2018

 

61,680,000

--

Within5 calendar days from invoice

 date

2.139/04.02.2014Addendum no. 4 to the contract for rendering services dated June 12, 2008; prolongation of the contract validity until December 31st, 20182,184,834--

Within5 days from the invoice

receiving date by the Beneficiary 

 

Marian-Daniel NĂSTASE Gheorghe DOBRA
Chairman of the Board of Directors Chief Executive Officer