05.15.2012

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Tuesday said its net profit fell 58.9% on the year to 49.36 million lei (EUR11.3 million) in the first quarter, hurt more

04.27.2012

Romanian aluminum smelter Alro Slatina (ALR.RO), a unit of Dutch-registered metals group Vimetco, forecasts a net profit of $71.3 million in 2012, down 5% on the year, on lower sales. more

04.25.2012

Steel giant ArcelorMittal Wednesday said its contracts signed with Romania’s power producer Hidrolectrica under which it bought energy at below-market prices do not constitute state aid. more

03.26.2012

The managing board of Romanian aluminum maker Alro Slatina (ALR.RO) proposes the payment of dividend worth 225.8 million lei (EUR51.6 million), nearly the entire profit achieved last year. more

02.16.2012

Romanian aluminum producer Alro Slatina (ALR.RO), part of Russian-owned group Vimetco, on Thursday said it is willing to declassify the electricity purchase contract it has with state-owned hydropower more

02.15.2012

Aluminum maker Alro Slatina (ALR.RO) reported a net profit of 230.05 million lei (EUR54.2 million) for 2011, up 43.9% from RON159.78 million in the previous year. more

02.09.2012

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said it has concluded a six-year program to increase energy efficiency, following total investments of more

01.20.2012

Dutch-registered group Vimetco on Friday announced the appointment of Gheorghe Dobra, head of aluminum refinery Alro Slatina (ALR.RO), as its chief executive officer and member of the board. more

01.19.2012

Romanian aluminum producer Alro Slatina (ALR.RO) Thursday said it is reconsidering all its investments and expenditure, because of the cheap energy deficit, which increased electricity costs. more

01.19.2012

Romanian aluminum maker Alro Slatina (ALR.RO) Thursday said it is considering options, including operations restructuring and stopping less efficient production capacities, if it is unable to buy more

01.12.2012

Statements by unionists at aluminum refinery Alro Slatina (ALR.RO) of a potential shutdown of the unit caused the company's stocks to drop almost 10% on the bourse. Management declined to comment. more

12.29.2011

Romanian aluminum maker Alro Slatina (ALR.RO) revised its budget for 2011 as it now expects a net profit of $76 million, up 19% from the initially seen $64 million, despite buying electricity at more

11.15.2011

Aluminum maker Alro Slatina (ALR.RO) reported a 70.7% year-on-year hike in its nine-month net profit, to 222.4 million lei (EUR52.8 million), compared to RON131.4 million in the same interval of more

11.01.2011

The general manager of aluminum maker Alro Slatina (ALR.RO), Gheorghe Dobra, on Tuesday was appointed member of the Managing Board. more

10.18.2011

Romanian aluminum maker Alro Slatina (ALR.RO) Tuesday said it has started procedures to shut down a production unit, because of reduced electricity deliveries from its main supplier, Hidroelectrica. more

09.08.2011

Romanian aluminum Alro Slatina (ALR.RO), its majority holder Vimetco and Italian group Enel may join the construction of a EUR750 million power plant within thermal power producer Rovinari, according more

08.12.2011

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Friday said its net profit rose six-fold on the year to 177.4 million lei (EUR42.2 million) in the first half, fueled more

07.07.2011

Romanian calcined alumina producer Alum Tulcea (BBGA.RO) increased its share capital by 18.96 million lei (EUR4.5 million) to RON488.4 million through cash injection from the mother company, Alum said more

07.01.2011

Aluminum smelter Alro Slatina (ALR.RO) Friday confirmed Dutch-based Vimetco, majority holder in the company, will delay a planned secondary public offering for a 21% stake due to unfavorable market more

06.30.2011

Netherlands-based Vimetco is likely to delay until fall the sale of a 21% stake in aluminum smelter Alro (ALR.RO), due to unfavorable conditions on international markets, people familiar with the more

06.22.2011

The public offering whereby the Romanian government intends to sell a 9.84% stake in OMV Petrom (SNP.RO) will be conducted in July, according to the calendar set by the Economy Ministry with the more

05.19.2011

The Vimetco group, held by Russian businessman Vitaly Machitsky, surprised the Bucharest market with its intention to sell 21% of its shares in aluminum smelter Alro (ALR.RO) via a secondary public more

05.19.2011

Romanian investment fund Fondul Proprietatea (FP.RO) is looking to buy shares in aluminum smelter Alro (ALR.RO) in a planned secondary public offering in Bucharest, but is waiting for more details more

05.18.2011

Netherlands-based Vimetco and Romania’s Conef SA want to sell up to 20.96% of their 87.96% stake in aluminum smelter Alro Slatina, in a deal estimated at 575.9 million lei (EUR138.9 million). more

05.12.2011

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said its net profit more than doubled on the year to 120.24 million lei (EUR29.3 million) in the first more