Sherbiny Holdings opens European center in Hungary
Saudi Arabiaʼs Sherbiny Holdings yesterday wound up an engineering service center in Gödöllő, on the oustkirts of Budapest, in the framework of a $1 mln investment, the company told Hungarian news agency MTI.
The investment is expected to create a total of 50 jobs. The office, which will also serve as a European center for the company, is expected to carry out chiefly technical planning tasks related to Saudi Arabian oil and gas projects. At the inauguration ceremony, the company signed a cooperation agreement with Szent Istvan University of Gödöllő.
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