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ALRO

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Alro Slatina Shuts Down Production Unit On Reduced Power Supply
Energy

Alro Slatina Shuts Down Production Unit On Reduced Power Supply

Romanian aluminum maker Alro Slatina (ALR.RO) Tuesday said it has started procedures to shut down a production unit, because of reduced electricity deliveries from its main supplier, Hidroel...

Andrei Cîrchelan · 18.10.2011 · 13:15 · 1 min
Energy

Vimetco, Enel Interested In 500 MW Romanian Thermal Power Plant

Romanian aluminum Alro Slatina (ALR.RO), its majority holder Vimetco and Italian group Enel may join the construction of a EUR750 million power plant within thermal power producer Rovinari,...

Andrei Cîrchelan · 08.09.2011 · 15:29 · 1 min
Alro's First Half Net Profit Soars To RON177.4M
Energy

Alro's First Half Net Profit Soars To RON177.4M

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Friday said its net profit rose six-fold on the year to 177.4 million lei (EUR42.2 million) in the first hal...

Florentina Dragu · 12.08.2011 · 10:11 · 1 min
Capital Market

Alro Adds RON19M To Alum Tulcea's Capital

Romanian calcined alumina producer Alum Tulcea (BBGA.RO) increased its share capital by 18.96 million lei (EUR4.5 million) to RON488.4 million through cash injection from the mother company,...

Florentina Dragu · 07.07.2011 · 16:23 · 1 min
Alro Confirms Vimetco Delays Stake Sale Due To Market Conditions
Capital Market

Alro Confirms Vimetco Delays Stake Sale Due To Market Conditions

Aluminum smelter Alro Slatina (ALR.RO) Friday confirmed Dutch-based Vimetco, majority holder in the company, will delay a planned secondary public offering for a 21% stake due to unfavorable...

Florentina Dragu · 01.07.2011 · 10:17 · 1 min
Capital Market

Vimetco To Hold On Alro Stock Until Fall - Sources

Netherlands-based Vimetco is likely to delay until fall the sale of a 21% stake in aluminum smelter Alro (ALR.RO), due to unfavorable conditions on international markets, people familiar wit...

Florentina Dragu · 30.06.2011 · 15:45 · 1 min
Petrom’s Offering Will Be Conducted In July, Price Has Yet To Be Set
Capital Market

Petrom’s Offering Will Be Conducted In July, Price Has Yet To Be Set

The public offering whereby the Romanian government intends to sell a 9.84% stake in OMV Petrom (SNP.RO) will be conducted in July, according to the calendar set by the Economy Ministry with...

Andrei Chirileasa · 22.06.2011 · 23:00 · 2 min
Vimetco Aims To Raise Alro's Free-float And Attractiveness Through SPO
Capital Market

Vimetco Aims To Raise Alro's Free-float And Attractiveness Through SPO

The Vimetco group, held by Russian businessman Vitaly Machitsky, surprised the Bucharest market with its intention to sell 21% of its shares in aluminum smelter Alro (ALR.RO) via a secondary...

ZF English · 19.05.2011 · 23:50 · 1 min
Capital Market

Fondul Proprietatea Looking To Buy More Shares In Alro SPO

Romanian investment fund Fondul Proprietatea (FP.RO) is looking to buy shares in aluminum smelter Alro (ALR.RO) in a planned secondary public offering in Bucharest, but is waiting for more d...

Florentina Dragu · 19.05.2011 · 17:22 · 1 min