05.04.2016

Romanian aluminum smelter Alro Slatina (ALR.RO) targets sales revenue of $548 million (RON2.192 billion) and a profit of $14 million (RON56 million) for 2016. more

03.29.2016

Romanian aluminum smelter Alro Slatina (ALR.RO) has revised its 2015 earnings to a net loss of RON24 million from a previously reported net profit of RON9.6 million, citing a change in green more

02.15.2016

Romanian aluminum smelter Alro Slatina (ALR.RO )posted a net profit of RON9.6 million in 2015, from a net loss of RON109 million in 2014 , the company said Monday. more

02.12.2016

Romanian aluminum smelter Alro Slatina (ALR.RO) has secured a syndicated $137 million loan from a consortium led by Raiffeisen Bank International and Raiffeisen Bank Romania. more

02.09.2016

Romanian aluminum smelter Alro Slatina (ALR.RO) has concluded a $60 million loan agreement with the Black Sea Trade and Development Bank, aimed at continuing its investment program this year, the more

11.13.2015

Romanian aluminum smelter Alro Slatina (ALR.RO) Friday reported an adjusted net profit of RON145 million in the first nine months, from an adjusted loss of RON115 million in the corresponding period more

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