The bank syndicate, comprising Exim Banca Românească, Banca Comercială Română, CEC Bank, Banca Transilvania, Raiffeisen Bank and Intesa Sanpaolo Bank, was advised by Nestor Nestor Diculescu Kingston Petersen and White & Case, while ALRO was advised by Simmons & Simmons and Zamfirescu Racoți Vasile & Partners.
“This credit facility comes at an important moment for ALRO and strengthens our financial position at a time when the European aluminium industry continues to face significant challenges. The trust placed in us by such a strong group of banks confirms the strategic direction we have chosen: a focus on high value-added products, operational efficiency and responsible investment. We now have the resources we need to achieve our strategic objectives and remain a trusted partner for our customers”, said Marian Nastase, Chairman of the Board of Directors, ALRO.
The credit facility supports the development strategy of the ALRO Group, which has invested more than $930 million over the past 20 years in technological upgrades and sustainability.
“The fact that six major banks have chosen to support ALRO for the next three years says a lot about the strength of our development plans. This financing gives us the flexibility we need to run our business and pursue our long-term objectives. We would like to thank the BCR team for their outstanding coordination, all the syndicate banks that were involved and supported us in this project, and our legal advisors for the excellent cooperation”, said Genoveva Nastase, Chief Financial Officer, ALRO.
ALRO in the first six months of 2026 posted RON101 million net profit, from RON17 million in the year-earlier period. Consolidated turnover went up by 20% in the same period, to RON2.4 billion.
(English version by Catalina Apostoiu)