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}} | founded = 1963 | location = [[Slatina, Romania|Slatina]], [[Romania]] | key_people = Marin CILIANU (CEO) | num_employees = 3,932 (2017) | revenue = [[Image:Green Arrow Up.svg|12px]] US$673 million (2017) | industry = [[Aluminium]] | products = [[Aluminium|Aluminium products]], [[Aluminium|Aluminium alloys]] | website = [http://www.alro.ro www.alro.ro] }} [[File:Штаб-квартира компании Alro S.A. в г. Слатина (Румыния), входящей в структуру холдинга "Виметко".JPG|thumb|Alro SA headquarters in Slatina (Romania)]] '''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, Romania|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 [[Commonwealth of Independent States|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== In September 2005, Alro bought from [[Balli Group]] 67% of [[Alum]] a [[Romania]]n company based in [[Tulcea]] that produced 540,000 tonnes of alumina in 2006 for around US$ 9 million. In December 2005 Alro bought a remaining 25% of [[Alum]] shares from [[SIF1]] for around US$4.4 million.

==Parent== In 2002, Alro was privatised and taken over by ''Marco Industries BV'' (later renamed into Vimetco NV). Vimetco NV, a [[Netherlands|Dutch]] company listed on the [[London Stock Exchange]] (Vico), owns 84% of Alro's shares.

==External links== *[http://www.vimetco.com Official website]

[[Category:Aluminium companies of Romania]] [[Category:Aluminium smelters]] [[Category:Privatized companies in Romania]] [[Category:Companies listed on the Bucharest Stock Exchange]] [[Category:Companies in the BET-20]] [[Category:Romanian brands]] [[Category:Manufacturing companies established in 1963]] [[Category:1963 establishments in Romania]] [[Category:Companies of Olt County]] [[Category:Slatina, Romania]]