Tender group, which includes Vulcan, is owned by Romanian businessman Ovidiu Tender.
The pumping units will be supplied to states throughout South America, including Venezuela, Tender told Mediafax Thursday.
The group also held talks with Labiofam, Cuba’s national institute for biotechnology research, which produces Viadox, a homeopathic drug used in cancer therapy.
According to the businessman, the group and Labiofarm decided to produce Viadox and other drugs in Serbia, at a drug production facility owned by Tender.
Tender added he will build a cancer diagnosis and treatment center in Serbian resort Banja Vrujci after the start of Viadox production.
Recently, Tender signed a contract to construct a 150-km highway in Burkina Faso. The group is also present in Africa, where it carries out prospecting works.