“I would choose a technological sector, such as aircraft or pharmaceutical production, where you can use the well-trained people found in Romania. Regarding the consumer sector, the increase in GDP is constant, people have more and more money, and I would like to participate as investor,” said Welch in a conference at the Parliament Palace.

Jack Welch has a fortune estimated to be worth over €700 million and ran American General Electric giant between 1981 and 2001.