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Alro extends syndicated credit facility of 150 mln dollars for three more years

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Alro extends syndicated credit facility of 150 mln dollars for three more years

Exim Banca Romaneasca has coordinated the extension, until 2026, of the credit facility for working capital in the amount of 150 million dollars for Alro, one of the largest aluminum producers in Europe in terms of production capacity, according to a press release sent to AGERPRES on Wednesday.

"Alro continued to operate in a very challenging economic environment, characterized by high production costs and lower demand for some aluminum products. However, we took advantage of our strong position in the high…

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