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Vimetco NV's Alro plans to shut down aluminum production facilities and reduction of workforce

Thursday, 6 Mar 2014 02:00am EST 

Vimetco NV:Says Board of Alro, its Romanian subsidiary, no longer supports the FY 2014 income and expenses budget.Says it is forced to prepare a plan to shut down a predominant part of key primary aluminum production facilities, thus drastically reducing the electricity consumption.Says these measures would involve a significant reduction of the Alro workforce, thus they would be first discussed with the social partners. 

Company Quote

3 Sep 2015