Current report in compliance with Regulation no.1/2006 of NSC and with the stipulations of article no. 82 of Law no. 24/2017 regarding Issuers of Financial Instrument and Market Operations
Mon, 01/22/2018 - 20:30
Please be informed by the present Current Report, that ALRO S.A. concluded with the company Vimetco ExtrusionS.R.L., (member of Alro’s group registered at the Financial Supervisory Authority)the following transactionswhose cumulated values amount to over EUR 50,000 (the exchange rate is 4.6614 RON/EUR; 3.7984 RON/USD and the calculated values are exclusive of VAT):
VIMETCO EXTRUSION S.R.L.
| No. | Number and date | Object | Estimated total value (RON) | Mutual debts | Guarantee | Payment terms and means |
| 1. | 109/22.01.2018 | Addendum no. 11 to the service contract no. E 1153 bis/2006 regarding the contract extension until the date of 31.12.2018 and processing price establishment | 6,725,841 | - | - | With payment order within 30 days from invoice issue date |
| 2. | 110/22.01.2018 | Addendum no.4 to the non-hazardous scrap sale contract no.4600008580/2013 on extending the contract duration to December 31, 2018 and establishing the scrap estimated amount: 280 tons+/- 10%; | 1,781,287 | - | - | 90 days from the invoice issue date and offsetting |
| Marian-Daniel NĂSTASE | Gheorghe DOBRA |
| Chairman of the Board of Directors | Chief Executive Officer |