ADVERTISEMENT

Romania pushes Saudi investment in country

EU

Saudi investors have made total investments of $2.2 billion in Romania up to date, the country’s ambassador to Saudi Arabia Ion Dobreci told the press on Wednesday in Riyadh.

Dobreci said his country is all set to boost ties in different sectors with the kingdom and other Gulf States following its entry into the EU. Romania became a member of the EU at the beginning of this year. The ambassador highlighted the success of the recent acquisition of a 63% stake in Romania’s Electroputere Craiova by the Saudi Al-Arrab Contracting Company (ACC). (Arabianbusiness)

ADVERTISEMENT

Purchasing Managers' Index rises Analysis

Purchasing Managers' Index rises

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.