The loan will be contracted for a one-year period, with an option to be extended during subsequent crediting periods, based on the bank’s prior approval, according to a company report submitted to the Bucharest Stock Exchange.
Alumil Mylonas holds 55.9% in Alumil, while the company’s president Michail Sotiriou owns a 23.95% stake.
Friday, Alumil traded at RON0.9 a share in Bucharest. (EUR1=RON4.4931)