In a significant step towards fostering economic ties between Croatia and Saudi Arabia, Andrii Matiukha, a Ukrainian investor, held key meetings with representatives of state funds and the Ministry of the Kingdom of Saudi Arabia. Discussions focused on the Petrinja Chicken Company, its investment in the Republic of Croatia, and the potential for Saudi investments in the region, marking a historic moment for international cooperation.
In Riyadh, Matiukha, along with his team – Oleksiy Shevchenko (CEO) and Krešimir Steinbauer (CFO) participated in the EU-SAUDI investment forum, the Future Investment Initiative conference (colloquially known as the DAVOS of the East), which gathers influential individuals and organizations (such as the Public Investment Fund & Ministry of Investment KSA, PEPSICO, HSBC, Stanford University…) involved in promoting global ‘positive and green’ investment processes, as well as the SAUDI Agriculture fair – where the foundations of cooperation between the Petrinja Chicken Company (the project holder of the poultry farm in Croatia) and the most significant participants in the Saudi food market were discussed.
Saudi Arabia’s interest in investing in Croatia highlights the growing bilateral relations between the two countries. Croatia’s strategic position in Europe, combined with a successful business environment, has sparked Saudi Arabia’s interest, with potential investments promising significant economic benefits for both countries.
