ALRO commissions new aluminium cutting facility, CUTSMART SYSTEMS

Thu, 10/03/2024 - 08:52

• The Company also refreshes its brand identity to reflect the last decades of shift to complex products, for aerospace industry
• The new image underlines ALRO’s strategic approach in terms of products, markets and community, focusing on very high value-added aluminium for sophisticated customers, along with continuing to reduce its ecological footprint

Slatina, 3 October 2024– ALRO S.A. (BVB: ALR, “the Company” or “ALRO”), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, is proud to announce the opening of its new cutting-edge aluminum processing facility, CUTSMART SYSTEMS, which is set to further diversify the Company's production capabilities. This state-of-the-art facility, operational following a RON 13.7 million investment, will focus on precision cutting of aluminum products tailored to the specific needs of clients across industries. This investment marks a major step in ALRO's commitment to providing value-added services and optimising operational efficiency.

"The launch of CUTSMART SYSTEMS is a significant milestone in ALRO's journey toward innovation and excellence. This facility will not only expand our capabilities but also help us respond with higher efficiency to the increasingly complex demands of our customers. Moreover, the new facility contributes to the decrease of CO2 emmissions by optimising the transportation and by supplying the exact metal quantity that is necessary”, said Marin CILIANU, Chief Executive Officer of ALRO. “The commissioning of our new production facility is a clear example of the way we implement our long-term strategy of being a supplier of ever more sophisticated aluminium products, highly efficient and environmental friendly. This is a continuous transformation, started over 20 years ago, that needed to be reflected in our image. Thus, we proudly come in front ouf our stakeholders with a revitalised brand, underscoring our commitment to a durable future, driving progress in both the aluminum industry and environmental stewardship".

With its advanced technology, CUTSMART SYSTEMS is designed to handle high-volume, precise cuts, ensuring that customers receive bespoke solutions of the highest quality. This development is part of ALRO’s broader strategy to continuously enhance its product range and remain a leader in the aluminum industry.

In conjunction with the launch of CUTSMART SYSTEMS, ALRO is also announcing a comprehensive brand revitalising initiative that is under implementation. The Company’s new image highlights the transformation ALRO undertook over the past 20 years, and the results of the over USD 900 million investments in technology, efficiency and reducing the environmental footprint. This refreshed identity is also a statement for the future, representing ALRO's commitment to durable, highly efficient production processes.

For further information, please contact:

www.alro.ro

Florența Ghiță

Bucharest

Phone: +40 744 644 004

Email: investor.relations@alro.ro

Notes to the Editor:

ALRO Group
The companies’ part of ALRO Group are: ALRO S.A. – manufacturer of aluminium, ALUM S.A. – producer of alumina, Vimetco Extrusion S.R.L. – extrusion business line, Conef S.A. – holding and management company, Vimetco Trading – aluminium sales and CCGT- Power Isalnita- associate.

ALRO
ALRO is a subsidiary of Vimetco PLC (Republic of Cyprus), a global, vertically-integrated primary and processed aluminium producer. The structure of ALRO shareholders is: Vimetco PLC (54.19%), Paval Holding (23.21%), Fondul Proprietatea (10.21%) and others (12.39%).

ALRO is one of the largest vertically integrated aluminium producers in Europe, by production capacity, with a production capacity of 265,000 tpa of electrolytic aluminium, an Eco-Recycling capacity 100,000 tpa, resulting in a production of recycled liquid aluminium of 94,000 tpa. The capacity of the Aluminium Cast House is 309,600 tpa and the processing capacity is 140,000 tpa of cold and hot rolled facilities and extrusion division.

The main market for ALRO products is represented by the European Union; the Company exports its products to the USA and to the Asia as well. ALRO is ISO 9001 certified for quality management and has NADCAP and EN 9100 certificates for aerospace production organizations, ALRO products adhere to the quality standards for primary aluminium on the LME, as well as international standards for flat rolled products.

Since 2020, ALRO and Vimetco Extrusion have been members of ASI (Aluminium Stewardship Initiative), an international association that contributes to enhancing sustainability in the global aluminium sector. In 2023, ALRO and Vimetco Extrusion achieved the first certification in Europe under ASI’s Third version of Performance Standards.