Sherbiny Holdings chooses Hungary for Engineering Center
Sherbiny Holdings opening its first office outside of the Arabian Gulf in March 2015. The new center will be located in Godollo, Hungary and will employ 50 senior and junior engineers and supporting staff.
Sherbiny Holdings, a Saudi industrial and commercial service provider, will establish an engineering service centre in the town of Gödöllő in central Hungary. The project was announced by the Ministry of Foreign Affairs and Trade, which said that the company’s first office outside the Arabian Gulf region will start operations in April 2015. As a result of the investment, 50 new jobs will be created; both experienced and fresh graduate engineers will be employed by the company. The value of the investment exceeds HUF 150 million (EUR 481 000).
Chairman and CEO of Sherbiny Holding Mohammed Sherbiny said that after having examined several countries, they had chosen Hungary for its qualified labour force and favourable investment environment. The office will primarily perform engineering design tasks related to Saudi Arabian oil and gas projects. Sherbiny’s subsidiary in Hungary, Sherbiny Engineering and Innovation Center Kft., was founded in November 2014. The Godollo-based company primarily provides technical consultancy and engineering services.
Pictures from the news conference:
Picture of Mr. Mohammed Sherbiny, CEO of Sherbiny Holding
Conference at the Andrassy hall, Ministry of Foreign Affairs, Budapesest