Alro Slatina
{{About|the aluminium company|the football club|AS Alro Slatina}}
{{Infobox company
| name = Alro SA
| logo =
| type = Public company
| traded_as = {{BVB|ALR}}
| foundation = 1963
| key_people = Marin CILIANU (CEO)
| num_employees = 3,932 (2017)
| revenue = 12px US$673 million (2017)
| industry = Aluminium
| products = Aluminium products, Aluminium alloys
| homepage = [http://www.alro.ro www.alro.ro]
}}
Alro SA, established in 1963, is one of the biggest aluminium companies in Romania and in Europe. It started operation in 1965. Alro's primary aluminium facilities are located in Slatina and currently are a smelter and processing facilities. It also includes a cast house, hot and cold rolling mills and an extrusion shop.
In 2007 the output of primary aluminium reached 283,000 tonnes thus making Alro the largest aluminium producer in Central Europe, Southeast Europe and in Eastern Europe excluding CIS countries.
More than 80% of Alro output is sold on the international market. Alro's products are sold throughout the European Union, in Italy, Greece, Austria and Hungary, as well as Turkey, the Balkan countries and the United States. Alro is a metal brand registered on the London Metal Exchange.
Alro is also the largest electric-power consumer in Romania accounting for 8% of the national electric-power consumption.
Alro is listed on the Bucharest Stock Exchange (ALR ticker) and has a market capitalisation of around US$2 billion.
Takeover
Parent
In 2002, Alro was privatised and taken over by Marco Industries BV (later renamed into Vimetco NV). Vimetco NV, a Dutch company listed on the London Stock Exchange (Vico), owns 84% of Alro's shares.
External links
- [http://www.vimetco.com Official website]
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Category:Aluminium companies of Romania
Category:Privatized companies in Romania
Category:Companies listed on the Bucharest Stock Exchange
Category:Companies in the BET-20
Category:Manufacturing companies established in 1963
Category:1963 establishments in Romania