Romania’s Alro Invested $77 Million to Lower Energy Consumption

Alro SA (ALR), a Romanian smelter, said it completed last year investments worth $77 million aimed at increasing energy efficiency, according to a filing to the Bucharest Stock Exchange.

The Romania Slatina-based company, majority owned by Vimetco NV (VICO), increased its aluminum production to a maximum of 288,000 tons in 2008 from 240,000 tons in 2005 following investments in lowering electricity, gas and water consumption, according to the statement.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.