Current report in compliance with of article no. 82 of Law no. 24/2017

Fri, 12/28/2018 - 12:17

Please be informed by the present Current Report, that ALRO S.A. concluded with the company Henan Zhongfu High Precision Aluminium Products CO. LTD.,the following transaction whose cumulated value amount to over EUR 50,000(currency exchange rate used by NBR is the one valid on the conclusion date of the legal document subject of the report; the calculated value does not include VAT):

No.Parties that have concluded the legal documentConclusion date
and the nature of the document
Description of the object-matter of the legal documentThe total value of the legal document (RON)

Mutual debts**

(RON)

Established guarantees, stipulated penaltiesTerms and modalities
of payment
1.

ALRO S.A.
(Buyer)

Henan Zhongfu High Precision Aluminium Products CO. LTD
(Seller)

1822/27.12.2018

 

 

 

 

Sale-purchase of hot rolled coils, product code 1050A and 5754

 

1,740,853--20 % as advance payment prior to production start-up and remaining 80% within 20 days from the Bill of Lading date


 

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