Alro, Romania

Environmental due diligence on an EBRD loan of USD 180 million of which USD 105 million is syndicated to commercial banks to Alro S.A., one of the largest industrial companies in Romania, a major aluminium producer in the region.

The consultancy included an environmental and social audit of the operations (smelter and the refinery), a review of environmental management capabilities and development of an Environmental and Social Action Plan for the alumina refinery in Tucea and the aluminium smelter in Slatina. Further, given the linkage to the Vimetco bauxite mine in Sierra Leone (in terms of supply of raw material to the refinery), a questionnaire was developed to assess information on the environmental, health and safety status of the bauxite mine.  In addition, an energy audit has been carried out at the facilities of the company in order to review proposed investments and identify additional high priority energy efficiency projects.