For this credit line, the company plans to sign an immovable mortgage agreement on key immovable assets, which are also mortgage under agreements with a syndicate of banks that includes, among others, Raiffeisen Bank International, OTP Bank Romania, Banca Transilvania, Unicredit Bank, Garanti Bank, Banca Comercială Intesa SanPaolo Romania, Eximbank dating from December 2015, November 2017 and January 2019, as well as a mortgage agreement with the Black Sea Trade and Development Bank from December 2015.
Alro is 54,2% owned by Russian Vimetco, Fondul Proprietatea owns 10.2%, and Paval Holding, owned by the Paval brotehrs who also owns Dedeman, holds 23.2%.
Alro registered a consolidated loss of RON22.7 million in the first nine months of 2019, compared with a profit of RON220 million in the same period of 2018, and its turnover dropped 6%, to RON2.1 billion.