Romania’s Alro Invested $15 Million to Cut Energy Consumption

Alro SA (ALR), a Romanian aluminum producer, said it invested $15 million in the first five months to increase its energy efficiency.

This year’s investment adds to the $77 million already spent by the company since 2005 to reduce its energy consumption, it said in a filing to the Bucharest Stock Exchange today. The Slatina, Romania-based company is majority owned by Vimetco NV.

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

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