Current Report in compliance with Art.113 item A par. j) of the National Securities Commission’s Regulation No.1/2006, as well as in compliance with the provisions of Art. 99 of the Code of the Bucharest Stock Exchange, Tier II, Issuers and Financial Inst

Fri, 07/10/2015 - 01:02

Important event to be reported:

Information on the civil action filed by S.P.E.E.H. Hidroelectrica S.A. against Alro S.A. concerning material claims of the electric power producer, representing allegedly unachieved benefits under the bilateral contract concluded with Alro. 

The Company Alro S.A. hereby informs the shareholders and investors that, in the litigation of S.P.E.E.H. Hidroelectrica S.A. against Alro S.A., which is subject to the case file no. 13264/3/2015 pending before the Bucharest General Court, the court has ruled the first hearing on 30th September 2015.

The Company Alro S.A. considers the claim as ungrounded and is to pursue all legal actions to protect the interests of the Company and its shareholders.

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