Alro SA

ALRO Achieves First Certification Under Aluminium Stewardship Initiative’s Third Version Of Performance Standard

ALRO Achieves First Certification Under Aluminium Stewardship Initiative’s Third Version Of Performance Standard

The Aluminium Stewardship Initiative (ASI) said last week it has certified ALRO’s operations in Slatina, Romania, under its Performance Standard V3. ALRO is the first recipient of certification under the third version of the ASI Performance Standard. The new certification at ALRO...

Events

Vimetco Debuts €10 MM Automatic Aluminium Extrusion Line

Romanian aluminium company Alro SA (Alro Slatina) said this week that its downstream subsidiary Vimetco Extrusion has produced the first extruded aluminium from its new €10 million automatic aluminium extrusion line in Slatina. The new 7” press extrusion line is the site’s third aluminium extrusion line. Vimetco says the new line is part of the […]

Alro Working Towards Planned Return To Full Aluminium Production In 2023

Romanian aluminium company Alro SA (Alro Slatina) assured investors this week that it continues to search for ways to resume electrolytic aluminium production at last year’s levels, with an eye at restarting at similar levels next year. Alro said in a press release that it is planning to begin this year with production at two […]

Alro Slatina’s Labor Force Rallies Against Aluminium Production Capacity Closure

The labor force at Romania’s Alro Slatina aluminium smelter rallied yesterday to protest against the plant’s management and their decision to operate at less than half capacity in the face of high energy prices.  Representatives from the plant’s trade unions told local media that the high energy prices are the result of vested interests and […]

Alro Acquires Vimetco Trading For Undisclosed Sum

Late last month Romanian aluminium company Alro SA (Alro Slatina) announced the acquisition of Vimetco PLC’s subsidiary Vimetco Trading SRL for an undisclosed sum. According to the relevant announcement, Alro paid “the assessed market value” for Vimetco Trading to Vimetco Management Romania. Alro consummated the purchase in order to take advantage of the synergies it […]

High Power Prices Tank First Half Financial Results For Alro Slatina

Despite increased sales over the period, Romanian aluminium company Alro SA (Alro Slatina) posted steep drop in profits for the first quarter of 2021 as reflected in the financial results released earlier this week. The aluminium smelter showed consolidated sales for the first half of US$365.6 million, an increase of 13 percent on the year. […]