Romanian Business Starts to Attack Foreign Markets

05.06.2011 ZF English

The recently announced entry of Romanian businessman Gabriel Comanescu onto the Mexican market with two oil platforms shows that Romanian businesspeople are starting to be increasingly internationally-minded and are more bravely tapping into foreign markets previously out of their reach.

Comanescu is in fact one of the Romanian businesspeople with the strongest foreign operations.

Grup Servicii Petroliere (GSP), a company controlled by Comanescu, announced on Wednesday it had won a long-term contract, following an international auction, as a result of which two off-shore drilling platforms of the company will drill in national Mexican waters for Pemex, the biggest Mexican oil company.

GSP also has contracts with Gazprom, the world's biggest natural gas producer, as well as with Turkey's national oil company, TPAO.

GSP posted a turnover of EUR217 million in 2009, ranking third, after InterAgro and Oltchim, among the biggest Romanian-controlled exporters.