“These investments represent another important step in implementing ALRO’s strategy to increase the output of complex products with high profitability, by implementing best practices and high-performance, energy-efficient and environmentally friendly technologies”, said Gheorghe Dobra, Chief Executive Officer at Alro.
The company has signed acquisition contracts with prestigious international partners for the supply and installation of the second non-destructive ultrasonic examination (USL) system and an electrical conductivity measurement system for flat-rolled products. These new acquisitions allow a complete and automatic scanning of aluminum alloy plates on both surfaces (upper and lower), thus ensuring an extremely accurate verification of the internal structure and uniformity of heat treatments to which the plates were previously subjected.
” This way, we succeed to increase the Company’s competitiveness internationally, create value for shareholders, customers and the community and maintain our position in a highly competitive economic environment”, adds the company’s CEO.
By using ultrasonic control to check the internal structure and perform electrical conductivity measurements on both surfaces of the product, together with the generation of Type C Scan ratios, an additional guarantee is ensured regarding the quality of manufactured aluminum alloy plates, which is specific to products with high added value.
Alro reported RON2.24 billion consolidated turnover for the first nine months of 2023, down 21% from the year-earlier period, and RON394 million net losses, against RON109.5 million losses last year.
The company’s shares have lost 2% this year amid deals worth RON11.3 million and RON1.1 billion capitalization.
(English version by Catalina Apostoiu)