The Hungary international will have talks with club in "one or two weeks" which could see him remain at the Hawthorns next season.
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"Zoltan's contract expires and he is free to sign anywhere but this doesn't mean that West Brom don't want to keep him," Vladan told Nemzeti Sport.
"In fact, we are having talks with the club and they have stressed that they want Zoltan Gera to stay.
"The negotiations are going well and we hope that a new contract will be signed within one or two weeks.
"Zoltan feels good at the club, his health is getting better, his injury will soon be history so he has no reason to change."
Gera has made 153 appearances for West Brom over two spells at the club, scoring 25 goals.