“I am pleased with 2012. It was a year of international development, with good results and new acquisitions with good prospects and also new land leases in other parts of the world,” said Ovidiu Tender, 56, who has operations in the geological exploration, oil and gas, pharmaceuticals, construction and travel industries.
The contracts signed include a deal between the Serbian pharmaceutical plant of the businessman and a company in Cuba to develop drugs, and the lease in Senegal enabling to him do exploration drilling for gas and oil on a 5,000 square kilometer plot.
Tender has been focusing on developing his business both in Romania and in Africa, where he invested such as sectors as exploration and drilling of resources and in the extractive and construction industries.
The group of companies run by Ovidiu Tender will end the year with EUR200 million revenue, according to his estimates, up on 2011. His group is currently employing 8,000 people, almost 7,000 of which in Romania and the rest abroad.
“In 2013 we will continue to expand on other markets and see the first results of the actions started this year,” Tender said.
Ovidiu Tender’s largest company is geophysical and geological service provider Prospectiuni Bucuresti (PRSN.RO), whose sales reached EUR48 million in the first nine months of 2012.
According to the latest data available, Prospectiuni Bucuresti expects 350 million lei (EUR78 million) in full-year revenue, up about 11% on 2011, when it stood at RON315 million.
The company operates in Tajikistan, Georgia, the Republic of Moldova, Bulgaria, Turkey, Italy, Albania, France, Spain, Morocco, Senegal and Guinea and had more than 1,600 employees year. Ovidiu Tender owns 55.7% in the company listed on RASDAQ.
Another major company in Tender’s group is Vulcan Bucuresti, which specializes in boilers and pressure parts for boilers and manufactures about 400 pumping units for oil extraction a year. Vulcan posted EUR22 million revenue and had more than 1,000 employees last year.
(English version by Loredana Fratila-Cristescu)