Current report in compliance with of article no. 82 of Law no. 24/2017
Fri, 12/28/2018 - 12:17
Please be informed by the present Current Report, that ALRO S.A. concluded with the company Henan Zhongfu High Precision Aluminium Products CO. LTD.,the following transaction whose cumulated value amount to over EUR 50,000(currency exchange rate used by NBR is the one valid on the conclusion date of the legal document subject of the report; the calculated value does not include VAT):
No. | Parties that have concluded the legal document | Conclusion date and the nature of the document | Description of the object-matter of the legal document | The total value of the legal document (RON) | Mutual debts** (RON) | Established guarantees, stipulated penalties | Terms and modalities of payment |
1. | ALRO S.A. – Henan Zhongfu High Precision Aluminium Products CO. LTD | 1822/27.12.2018 |
Sale-purchase of hot rolled coils, product code 1050A and 5754
| 1,740,853 | - | - | 20 % as advance payment prior to production start-up and remaining 80% within 20 days from the Bill of Lading date |
Marian-Daniel NĂSTASE | Gheorghe DOBRA |
Chairman of the Board of Directors | Chief Executive Officer |