VIMETCO N.V. 
By Highlights
- Three international companies are selected for the short list, out of seven participants
- Annual capacity of 250 MW cogeneration unit
- Construction site on Alum Tulcea perimeter
Amsterdam, April 18th 2012 - Vimetco NV (LSE: VICO), the global producer of primary and processed aluminium products, today announces the shortlist of contractors for the construction of its own power plant in Tulcea. The project is developed by Vimetco Power Romania, a company belonging to Vimetco Group and consists of building a 250 MW cogeneration plant at Alum Tulcea with the possibility of financial support from the European Bank for Reconstruction and Development as well as commercial banks.
The three companies selected for negotiations of the EPC contract are the Itochu & Hyundai consortium, Metka and Siemens. The negotiations should be finalized by the end of May 2012.
"We are planning a plant that will be a cogeneration unit supplying electricity for Alum and partly for Alro, steam to Alum and hot water for district heating of the city of Tulcea", says Gheorghe Dobra, CEO Vimetco. "The unit will comply with all the European Union requirements regarding technology, environment protection and health and safety", adds Dobra.
The power plant will provide energy and steam to Alum and will fulfil the energy security requirements of the organization as well as increasing its energy efficiency. District heating will also be supplied to Tulcea City as part of the development.
For further information please contact:
Florenta Ghita
Premium Communication
Bucharest
Phone +40 (0) 21 411 01 52
Email florenta.ghita@premiumpr.ro
About Alum
Alum is an alumina refinery with a production capacity of
600,000 tonnes of alumina per year with domestic sales to
Alro SA, part of the Vimetco Group, and internationally.
Alum's shares have been traded on the Bucharest Stock
Exchange since 1997.
About Vimetco
Vimetco N.V. is a global, vertically integrated producer of primary and processed aluminium products with major production assets in China, Romania and Sierra Leone a holding company in The Netherlands. Vimetco NV controls production of up to 1.1 million tons of electrolytic aluminium, 340 000 tons of processed aluminium products, 600 000 tons of alumina, 1.7 million tons of bauxite, 2.25 million tons of coal, 7.9 million MWh of electricity and 318,000 tonnes of baked anodes per year. Vimetco's global depositary receipts are listed on the London Stock Exchange (LSE:VICO). www.vimetco.com
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