The company will be included in the index as of 18 March 2019.

The Index Committee of the Bucharest Stock Exchange decided to include Alro in the BET index and in BET-TR (the total return version of BET). This means that the BET index will now include 16 companies, which is the largest amount in its history.

 Alro is a subsidiary of Vimetco N.V., a global primary and processed aluminum company. Alro is one of the largest vertically integrated aluminum producers in Europe, based on capacity, with an installed production capacity of 265,000 tpa. The main markets for the company’s products are the European Union member states, but the company also exports to the USA and Asia.

Alro’s shares started trading on BVB on 16 October 1997. Currently, the company has a market capitalization of approximately RON 1.67bn (EUR 352m).

The company will be included in the index as of 18 March 2019.

To read about Alro’s 2018 preliminary results click here.