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.