Alro Receives €167 MM Loan From EXIM Bank To Maintain Operations
Romanian aluminium company Alro SA (Alro Slatina) said on Wednesday that it has received a loan of €167 million from...
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...
Romanian aluminium company Alro SA (Alro Slatina) said on Wednesday that it has received a loan of €167 million from...
Though the firm expects a 2-percent bump in revenues this year, Romanian aluminium company Alro SA (Alro Slatina) warned last...
Romanian aluminium company Alro SA’s (Alro Slatina) released production numbers for the first nine months of the year last week,...
Romanian aluminium company Alro SA’s (Alro Slatina) alumina-refining operation Alum Tulcea announced last week the receipt of a US$25 million finance agreement with Black Sea Trade and Development Bank (BSTDB) and Garanti Bank Romania to invest in shrinking the company’s carbon footprint. Per domestic media, BSTDB is footing the lion’s share of the financing with […]
Romanian metals company Vimetco N.V. and compatriot national gas firm Conef-Gaz announced on Monday that it plans a public offering of aluminium producer Alro SA (Alro Slatina). Few details were available in the domestic press, but Alro’s general manager Gheorghe Dobra took to the record to say that the move is meant to help the […]
Romanian aluminium company Alro SA (Alro Slatina) released first-quarter financials earlier this week, logging a jump in net profit of over one third from 2017. According to commentary by domestic media, Alro witnessed a 39-percent rise in net profit year-on-year to RON125 million (US$31.8 million). Sales also rose in the quarter, showing a 10-percent bump […]
Alum Tulcea, a subsidiary of Romanian aluminium company Alro SA (Alro Slatina) and Romania’s most prolific producer of calcined aluminium, has successfully negotiated US$25 million in loans with two regional financial institutions in order to fund projects to develop new products and increase energy efficiency. According to local media, the firm signed loans with Garanti […]
Romanian aluminium company Alro SA (Alro Slatina) announced earlier this week the execution of a three-year, US$167 million (€140.7 million) credit facility for financing working capital. The deal, which is managed by Austria’s Raiffeisen Bank International A.G. and its local affiliate Raiffeisen Bank Romania, will be financed by several European banks, including OTP Bank Romania, […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
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