Sherbiny Holdings chooses Hungary for engineering center
Saudi Sherbiny Holdings, a family-run business owned by Abdu-laziz, Mohammed and Majed Sherbiny (pictured), is planning to establish an engineering service center in Gödöllő, on the outskirts of Budapest, chairman Mohammed Sherbiny announced in Budapest today.
According to the reports, Sherbiny has chosen Hungary as the site of its first office outside of the Persian Gulf region given the country's qualified labor force and favorable investment environment.
The office is expected to carry out chiefly technical planning tasks related to Saudi Arabian oil and gas projects. The center will begin operations in April and will have a headcount of 50.
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