ALRO
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Alro Says It Needs 2 Years To Recover Losses Caused By Payment of Green Certificates
Romanian aluminum smelter Alro Slatina needs at least two years to recover the losses caused by the payment of green certificates after having paid nearly $170 million over the last three ye...
Alro Returns To Profit In First Quarter
Romanian aluminum smelter Alro switched to profit in the first quarter of 2015, as the company’s sales were boosted by increased production and higher metal prices on international markets.
Alro Cut Power Consumption By 25% In 2008-2014
Back in 2008, aluminum smelter Alro Slatina (ALR.RO), Romania’s largest electricity consumer, accounted for 7% of the country’s consumption. Last year, it accounted for only 5.7%, following...
Alro Expects $63.6M Profit This Year
Romanian aluminum smelter Alro Slatina (ALR.RO) estimates a profit of $63.6 million for this year after losses in the past years, the company said Wednesday.
Alro Reports Net Loss Of RON92.6M In 2014
Romanian aluminum smelter Alro Slatina (ALR.RO) posted a net loss of 92.6 million lei (EUR20.8 million) in 2014, mainly due to higher financial costs, according to the company’s preliminary...
Alro Posts RON216M Net Loss In First 9 Months
Romanian aluminum smelter Alro Slatina (ALR.RO), a subsidiary of Dutch-registered holding Vimetco, turned to losses in the first nine months, on lower international prices and energy costs,...
Alro Increases Investment Budget To $18M
Romanian aluminum smelter Alro (ALR.RO), controlled by Russia’s Vimetco, wants to add $4 million to its 2014 investment budget, to an overall $18 million, in a bid to achieve its production...
Alro Swings To Loss In First Half
Romanian aluminum smelter Alro (ALR.RO) posted a first-half net loss of 128.7 million lei (EUR28.8 million), compared with a net profit of RON132.2 million in the year-ago period, the compan...
Alro And ArcelorMittal Sacked Off 21,000 Staff Since Privatization
ArcelorMittal Galati and Alro slashed their headcount by 74% and 33%, respectively, since privatization until 2013, with over 21,000 people losing their jobs. However, they are set to benefi...