Alro

Alro Working Towards Planned Return To Full Aluminium Production In 2023

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...

Events

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. […]

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 Romania’s EXIM Bank to cover the plant’s ongoing operations. Local media said the firm made the announcement in a filing to the Bucharest Stock Exchange. Alro CEO Gheorghe Dobra said in the announcement that he […]

Alro Slatina Receives US$25 Million In Funding For Sustainable Alumina Refining Equipment

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 […]