World's biggest executives put Romania on their agenda

Four of the world’s most powerful executives, who run cumulated businesses of over 200 billion euros, are coming to Romania on official visits in the unstable year economically and politically.

Greg Page, CEO of the Cargill group, with over 100 billion dollars in turnover and 160,000 employees, will come to Romania at the end of this week, at an anniversary event of a local subsidiary, with this being one of the most important visits of a foreign executive on the Romanian market.
Although local businesspeople complain about the unfavourable economic and fiscal environment, Romania remains an investment target for big multinationals, considering that international executives choose to visit it despite their companies having subsidiaries in 180 countries.
“Despite the economic crisis, Romania remains a very interesting place for investments. Precisely because of the crisis, new opportunities should be obvious to investors who have the ability to use their ‘business antennae’ in these confusing times. Additionally, Romania has natural resources and an educated population to back new business ventures,” believes economy professor Gonzalo Garland, vice-president of Spain’s IE Business School, one of the world’s best.
The visit of the Cargill CEO comes after other visits from powerful executives, such as Bob McDonald of P&G and William M. Burns, a member of the Board of Directors of Swiss pharmaceutical giant Roche. This month, Romania will also be visited by Pierre Pringuet, CEO of the Pernod Ricard group.