ALRO
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Alro Says No Decision Made Yet On Cutting Production
Romanian aluminum smelter Alro Slatina (ALR.RO) Tuesday said it has not taken any steps to reduce production following a first inconclusive round of negotiations with electricity supplier Hi...
Energy Sale Contract Renegotiation Between Hidroelectrica, Alro Yields No Result
The administrators of Romanian state-owned power producer Hidroelectrica and aluminum producer Alro Slatina (ALR.RO) on Tuesday failed to reach an agreement regarding a direct energy sale co...
Alro Completes $15M Investments To Increase Energy Efficiency
Romanian Alro Slatina (ALR.RO), the largest aluminum producer in Central and Eastern Europe, completed investments of $15 million in the first five months of 2012 aimed to increase energy ef...
What Is The Salary Package Of The Only Romanian CEO Of A Multinational Group?
Gheorghe Dobra, the chief executive of aluminum smelter Alro Slatina (ALR.RO) will remain CEO of Alro's parent group Vimetco for one more year, after taking this position at the beginning of...
Alro's Net Profit Falls 60% To RON49M In 1Q
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Tuesday said its net profit fell 58.9% on the year to 49.36 million lei (EUR11.3 million) in the first quart...
Alro Sees 2012 Net Profit Down 5% To $71.3 million
Romanian aluminum smelter Alro Slatina (ALR.RO), a unit of Dutch-registered metals group Vimetco, forecasts a net profit of $71.3 million in 2012, down 5% on the year, on lower sales.
ArcelorMittal, Alro Say No State Aid Under Hidrolectrica Energy Deals
Steel giant ArcelorMittal Wednesday said its contracts signed with Romania’s power producer Hidrolectrica under which it bought energy at below-market prices do not constitute state aid.
Alro Proposes 40% Higher Dividend For 2011
The managing board of Romanian aluminum maker Alro Slatina (ALR.RO) proposes the payment of dividend worth 225.8 million lei (EUR51.6 million), nearly the entire profit achieved last year.
Alro Could Declassify Hidroelectrica Deal, But Won’t Parade It
Romanian aluminum producer Alro Slatina (ALR.RO), part of Russian-owned group Vimetco, on Thursday said it is willing to declassify the electricity purchase contract it has with state-owned...