Oil Well Automation System with Radio Transmission - Romania

This listing presents a unique opportunity to acquire a well-established product and company specializing in automation systems for oil wells, utilizing radio modem or GSM transmissions. Developed and refined over 26 years, this robust HARD AND SOFT solution has a proven track record, including successful deployment at OMV-Petrom in Romania. The business is seeking a strategic partner or buyer with the financial backing and global network to facilitate worldwide expansion. The company has been profitable for the last 5 years, holds ISO 2001 certification, and is qualified to obtain non-refundable European funds. The asking price is $600,000, with real estate included. Management is willing to stay on to ensure a smooth transition. The business is also relocatable.