If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Monday, May 21, 2018 
Market Status: OPEN
About us and Governance Investor Relations Contact
Advanced search

Market News


The status of civil action Alro- Competition Council

Release Date: 4/13/2017 2:13:56 PM

IRIS Code: AF23B



To:          The Financial Regulating Authority

                Bucharest Stock Exchange


Date of report: April 13th, 2017

Name of issuer: Alro S.A.

Headquarters: Slatina, 116 Pitesti Street, Olt Country

Telephone/ fax number: +40 249 431 901 / +40 249 437 500

Tax registration number at the Trade Register Office: RO 1515374

Trade Register Number: J28/8/1991

Subscribed and paid-in share capital: 356,889,567.5 RON

Regulated market on which the issued shares are traded: Bucharest Stock Exchange 


Ref: Current report as per art.113 item A letter j) of the National Securities Commission’s Regulation no.1/2006 on the issuers of and operations with securities, as subsequently amended and completed, as well as per the provisions of art.99 of the Bucharest Stock Exchange, Tier II, Issuers and Financial Instruments 

Significant events to be reported: Information on the status of the civil action lodged by ALRO S.A. against the Competition Council concerning the former’s claim for the cancellation of the Sanction decision no. 82/2015 issued by the Competition Council

In the case file 954/2/2016 pending before the Bucharest Court of Appeal, whose object-matter is both the claim for the cancellation of an administrative document – i.e. the sanction report, as well as the claim for the cancellation of the sanction decision no. 82/2015 issued by the Competition Council, following the attachment of the case file 3536/2/2016, on the hearing date of April 12nd, 2017, certain supporting evidence requested by the parties was discussed and admitted.


As concerns other evidence requests, the court has deferred its decision on this matter for a period of two weeks. 

The next court hearing was set for the date of May 31st, 2017. 

As concerns the status of the above case file, Alro S.A. will inform the general public and the investors in due course. 


               Chairman of the Board of Directors

                           Marian Daniel Nastase              

                                       Managing Director

                                        Gheorghe Dobra







Information provided by IRIS, the news platform of the Bucharest Stock Exchange.


Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

©2016 Bucharest Stock Exchange. All rights reserved