Current Report in compliance with Art.113 item A par. j) of the National Securities Commission’s Regulation No.1/2006 on issuers and securities operations, as subsequently amended, as well as in compliance with the provisions of Art. 99 of the Code of the
Tue, 07/11/2017 - 18:14
Significant 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 alleged unachieved proceeds 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 Court of Appeal, the Company took note of the fact that the Court has set the hearing date of the appeal lodged by S.P.E.E.H. Hidroelectrica S.A. as the date of September 26, 2017.
The Company Alro S.A. considers the appeal as ungrounded and is to pursue all legal actions to protect the interests of the Company and its shareholders.
As concerns the status of the above case file, Alro S.A. will inform the general public and the investors in due course.
Marian-Daniel NĂSTASE | Gheorghe DOBRA |
Chairman of the Board of Directors | Chief Executive Officer |