The company is 74.8% owned by businessman Ovidiu Tender, through Grupul Energetic Tender SA Bucuresti.
On the Bucharest bourse Thursday, Vulcan closed up 4.61% at RON0.545 a share. (EUR1=RON4.397)
Banks-Insurance
Vulcan To Borrow Up To RON200M For Investments
Romanian steam generator maker Vulcan Bucuresti (VULC.RO) plans to borrow up to 200 million lei (EUR45 million) from lender BCR to finance investments and refinance existing debt, the company said Monday.