08.20.2015

The market capitalization of Romanian aluminum smelter Alro Slatina (ALR.RO), majority owned by Vimetco group, exceeded 1 billion lei on the Bucharest Stock Exchange, the growth being fueled by the more

08.14.2015

Romanian aluminum smelter company Alro (ALR.RO) Friday reported a net profit of 67.8 million lei (EUR15.3 million) for the first half of the year, versus a loss of RON128.7 million in the same period more

06.30.2015

Romanian aluminum smelter Alro Slatina (ALR.RO), majority owned by Vimetco group, aims to increase the volume of products targeting the auto, aeronautical and defense sectors by 10%, to 30% of its more

06.08.2015

Romanian aluminum smelter Alro Slatina wants to take out loans worth over $207 million and the biggest financing of $120 million is a revolving loan facility which will be used to refinance a loan more

05.21.2015

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 years, the more

05.15.2015

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. more

05.04.2015

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 a 25% more

04.29.2015

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. more

02.16.2015

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 report more

11.14.2014

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, despite an more

10.07.2014

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 plan and more

08.14.2014

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 company said more

06.24.2014

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 benefit from more

05.30.2014

Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, expects a 3.3% increase in its sales to $604.7 million this year, from $585.4 million a year earlier, according to the more

05.15.2014

Alro Slatina (ALR.RO), the largest aluminum smelter in the Central and Eastern Europe, Thursday reported a net adjusted loss of 51 million lei (EUR11.5 million) for the first quarter, wider from RON27 more

04.09.2014

Romanian aluminum producer Alro Slatina (ALR.RO), a unit of Dutch-based Vimetco, has injected more than $100 million in environmental protection during the past 10 years, in projects which helped it more

03.20.2014

The biggest electricity consumers in Romania, aluminum smelter Alro Slatina and steel plant ArcelorMittal Galati, will have to spend 177 million lei (EUR39 million) to comply with the green power more

03.11.2014

Romanian aluminum producer Alro Slatina (ALR.RO) on Tuesday urged the government to reduce incentives for renewable energy projects, saying the company could be just months away from halting activity more

03.07.2014

Greg Konieczny, manager of Romanian investment fund Fondul Proprietatea’s (FP.RO), Friday said that the decision of Romanian aluminum company Alro Slatina (ALR.RO) to reduce its production more

03.06.2014

Romanian aluminum company Alro Slatina (ALR.RO) will prepare a plan to shut down part of its production facilities, in an attempt to reduce costs, which could result in a significant number of job more

02.26.2014

Alro Slatina's electricity costs are very high and the measures targeted by the government to lower the burden for industrial consumers have produced no effects so far, company chairman Marian Nastase more

02.17.2014

Romanian aluminum company Alro Slatina (ALR.RO) turned to a negative result in 2013, following a decrease in international metal prices and higher eco-taxes, the company said in a statement Monday. more

02.06.2014

Alro Slatina (ALR.RO), the biggest aluminum smelter in the region, has budgeted 2014 sales of $642 million (around 2.12 billion lei at the current exchange rate of RON3.3 per dollar) and profit of more

01.20.2014

Romanian state-run lender EximBank said Monday it has signed financial agreements worth about EUR50 million with local company Alro Slatina (ALR.RO) to finance current operations and issue bank more

11.14.2013

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said it swung to loss after the first nine months, following a decrease in international metal prices and more