The loan was approved at a shareholder meeting mid-April, Alumil said in a statement.
Alumil, the local unit of Greek aluminum processing group Alumil Mylonas, posted net profit of RON1.4 million in the first half, versus a loss of RON0.76 million in the year-earlier period.
Alumil Mylonas holds 55.9% in Alumil, while the company’s president Michail Sotiriou owns a 23.95% stake.
On the Bucharest bourse Monday, Alumil closed down 5.31% at RON1.07 a share. (EUR1=RON4.2322)