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ALRO

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Alro Sees 3.3% Higher Sales This Year, At $607.4M
Energy

Alro Sees 3.3% Higher Sales This Year, At $607.4M

Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, expects a 3.3% increase in its sales to $604.7 million this year, from $585.4 million a year earlier, according to th...

Florentina Dragu · 30.05.2014 · 14:16 · 1 min
Alro's Loss Widens In 1Q, As Energy Costs Rise While Aluminum Prices Fall
Energy

Alro's Loss Widens In 1Q, As Energy Costs Rise While Aluminum Prices Fall

Alro Slatina (ALR.RO), the largest aluminum smelter in the Central and Eastern Europe, Thursday reported a net adjusted loss of 51 million lei (EUR11.5 million) for the first quarter, wider...

Bogdan Neagu · 15.05.2014 · 11:27 · 2 min
Alro Invested Over $100M In Environmental Protection Projects
Energy

Alro Invested Over $100M In Environmental Protection Projects

Romanian aluminum producer Alro Slatina (ALR.RO), a unit of Dutch-based Vimetco, has injected more than $100 million in environmental protection during the past 10 years, in projects which h...

Florentina Dragu · 09.04.2014 · 12:06 · 1 min
Major Power Consumers Pay 50% More For 2013 Green Certificates
Energy

Major Power Consumers Pay 50% More For 2013 Green Certificates

The biggest electricity consumers in Romania, aluminum smelter Alro Slatina and steel plant ArcelorMittal Galati, will have to spend 177 million lei (EUR39 million) to comply with the green...

Loredana Frățilă-Cristescu · 20.03.2014 · 00:00 · 3 min
Alro Says Only A Matter Of Months Before Shutting Production
Energy

Alro Says Only A Matter Of Months Before Shutting Production

Romanian aluminum producer Alro Slatina (ALR.RO) on Tuesday urged the government to reduce incentives for renewable energy projects, saying the company could be just months away from halting...

Florentina Dragu · 11.03.2014 · 16:49 · 1 min
FP Manager: Alro Decision To Slash Production, A Necessary Step
Energy

FP Manager: Alro Decision To Slash Production, A Necessary Step

Greg Konieczny, manager of Romanian investment fund Fondul Proprietatea’s (FP.RO), Friday said that the decision of Romanian aluminum company Alro Slatina (ALR.RO) to reduce its production f...

Gabriela Stan · 07.03.2014 · 14:12 · 1 min
Alro Plans To Shut Down Several Facilities, Cut Jobs
Energy

Alro Plans To Shut Down Several Facilities, Cut Jobs

Romanian aluminum company Alro Slatina (ALR.RO) will prepare a plan to shut down part of its production facilities, in an attempt to reduce costs, which could result in a significant number...

Gabriela Stan · 06.03.2014 · 10:37 · 2 min
Alro: Government Measures Failed To Lower Energy Costs
Energy

Alro: Government Measures Failed To Lower Energy Costs

Alro Slatina's electricity costs are very high and the measures targeted by the government to lower the burden for industrial consumers have produced no effects so far, company chairman Mari...

Oana Gavrila · 26.02.2014 · 11:18 · 1 min
Alro Swings To Net Loss of RON78M in 2013
Energy

Alro Swings To Net Loss of RON78M in 2013

Romanian aluminum company Alro Slatina (ALR.RO) turned to a negative result in 2013, following a decrease in international metal prices and higher eco-taxes, the company said in a statement...

Bogdan Neagu · 17.02.2014 · 20:34 · 1 min