Minister Alexandru Petrescu: Indians from Synergy Char want to invest 50 million dollars in metallurgy in Romania

The Indian company Synergy Char intends to make an investment in metallurgy, Romania being in a favourite position in the Indian investor s options. the potential investment has an estimated value of 50 million dollars, with at least 500 new jobs to be created, the Minister for Business, Trade and Entrepreneurship announced on Wednesday.

Synergy Char company intends to make an investment in metallurgy, Romania being in a favourite position in the Indian investor s options, because of the strategic position, trained labour force, natural reserves, energy capacities and their costs, the support programs for foreign investments and the position of industrial areas and free zones, the press release issued by the minister on Wednesday shows.

Alexandru Petrescu, the Minister for Business, Trade and Entrepreneurship met a delegation of the Indian company Synergy Char, on an exploration mission of the Romanian investment offer.

As minister for business I am interested in attracting a larger and diversified volume of investments, Romania offering a wide range of business opportunities. You can count on my support and that of InvestRomania team in the relation with local and central public institutions and the Romanian business community in collecting information needed for a firm position for Romania on your investment map, minister Petrescu declared.

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