Current report as per art.113 item A letter j) of the National Securities Commission’s Regulation no.1/2006 on the issuers of and operations with securities, as subsequently amended and completed, as well as per the provisions of art.99 of the Bucharest S

Thu, 11/23/2017 - 16:18

Significant event to be reported: Information on the status of the civil action lodged by ALRO S.A. against the Competition Council concerning the former’s claim for the cancellation of the Sanction decision no. 82/2015 issued by the Competition Council

In the case file 954/2/2016 pending before the Bucharest Court of Appeal, whose object-matter is both the claim for the cancellation of an administrative document – i.e. the sanction report, as well as the claim for the cancellation of the sanction decision no.82/2015 issued by the Competition Council, following the attachment of the case file 3536/2/2016,on the hearing date of November 22nd, 2017, the court postponed the case, due to the fact that the expert’s report was not submitted in due time.

The next hearing date has been set for February 07, 2018.

As concerns the status of the above case file, Alro S.A. will inform the general public and the investors in due course.