Vulcan negotiates with GE and Metka to supply equipment for Petrom

Peter Eisenkolb, President of Vulcan, said that the contract’s value is yet unknown, and a deadline to sign the contract has not been set. The company is owned by the Tender group, which plans to invest €5.5 million in infrastructure, equipment and modernization. Vulcan estimates a rise in annual turnover of at least 30 percent in the coming three years, to €34 mln by 2010.