Current report drafted according to the stipulations of the 225 article of the Law no. 297/2004
Thu, 06/12/2014 - 19:47
Please be informed by the present Current Report, that Alro S.A. concluded with the company Vimetco Extrusion S.R.L. (member of the Alro Group registered at the Financial Supervisory Authority) the following transactions whose cumulated values exceed EUR 50,000 (the exchange rate is 4.3916 RON/EUR, 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 |
1. | 477/27.05.2014 | Addendum no.7 to the contract nr.E1153 bis/2006 regarding the processing of aluminium billets scrap by Alro S.A. | 5,840,389 | - | - | With payment order within 30 days from the invoice date |
2. | 484/29.05.2014 | Addendum no.6, regarding the extension until December 31, 2014 of the validity of the agreement no.712/2008 for rendering services by ALRO SA to Vimetco Extrusion SRL | 1,088,122 | - | - | With payment order within 30 days from invoice date or by compensation |
Marian-Daniel NĂSTASE | Gheorghe DOBRA |
Chairman of the Board of Directors | Chief Executive Officer |