John Krenicki, chairman and CEO with GE Energy, the energy unitof General Electric US giant, says his view about Romania has notchanged in the past two recession years, comparing the relationshipbetween the company he runs and the Romanian market to a marriage."We are permanently here, in good times and in bad," says Krenicki,running a global 37bn dollar business.
Since his last visit to Romania, in 2008, GE Energy has turnedinto a major equipment supplier for the new energy projects thathave emerged on the domestic market.
GE "marriage" with Romania makes sense from several points of view.Beyond the decisional incoherence of the political factor, twothings are very concrete: market size and resources.
"Romania is a big country, with many inhabitants and particularlywith energy resources. It is a country with good perspectives forthe future. For us, development is to a largely linked to geology.We must be where resources are. Poland, Russia, Romania, Caspiancountries are countries with resources where we want to grow,"Krenicki said.
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