Current report drafted according to the stipulations of the 225 article of the Law no. 297/2004
Tue, 02/11/2014 - 00:30
Please be informed by the present Current Report, that Alro S.A. concluded with the companies VIMETCO MANAGEMENT S.R.L. and VIMETCO TRADING S.R.L.the following transaction whose cumulated values amount to over EUR 50,000 (the exchange rate is 3.3040 RON/USD; 4.4824 RON/EUR; the calculated values are exclusive of VAT):
Vimetco Management S.R.L.
| No. | Number and date | Object | Estimated total value (RON) | Mutual debts | Guarantee | Payment terms |
| 1. |
140/04.02.2014 | Addendum no. 7 to the consultancy contract no. 4600002904/22.10.2008; prolongation of the contract validity until December 31st, 2015 | 20,040,000 | - | - | Within maximum 5 days from the beginning of every contractual calendar month |
Vimetco Trading S.R.L.
| No. | Number and date | Object | Estimated total value (RON) | Mutual debts | Guarantee | Payment terms |
| 1. | 138/04.02.2014 | Addendum no. 12 to the agency agreement dated July 1st 2008; determination of the preliminary remuneration due to the Agent for 2014 and the prolongation of the contract validity until December 31st, 2018 |
61,680,000 | - | - | Within5 calendar days from invoice date |
| 2. | 139/04.02.2014 | Addendum no. 4 to the contract for rendering services dated June 12, 2008; prolongation of the contract validity until December 31st, 2018 | 2,184,834 | - | - | Within5 days from the invoice receiving date by the Beneficiary |
| Marian-Daniel NĂSTASE | Gheorghe DOBRA |
| Chairman of the Board of Directors | Chief Executive Officer |