SIBIU
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Primavera Development Builds EUR70M Shopping Mall In Sibiu
Real estate company Primavera Development will build a shopping center in central Romanian city of Sibiu, which is scheduled to be opened in the second half of 2018.
Farmec Cluj Opens New Store In Sibiu
Romanian cosmetics producer Farmec Cluj will open its first own store in Sibiu, reaching a seven-unit network countrywide.
ZF Romania’s Entrepreneurs: We Need To Find Romania’s USP
Each country in Europe and in the world is known for something. Switzerland is known for watches and chocolate and Germany for its cars. What are we known for, what do we know how to do well...
Marquardt Schaltsysteme Becomes Second Largest Foreign Private Investor In Sibiu
German-held automotive electronic components manufacturer Marquardt Schaltsysteme, which started production in Sibiu in 2006, posted 1.1 billion lei (EUR246 million) revenue last year, an in...
EBRD Grants EUR15M Loan To Sibiu Municipality For Urban Infrastructure
The European Bank for Reconstruction and Development (EBRD) will grant a long-term loan worth RON67.5 million (EUR15 million) to Sibiu municipality for the rehabilitation of about 25 kilomet...
Siemens To Modernize Sykatec Factory In Sibiu In 2016
Siemens Romania will modernize, until the summer of 2016, the Sykatec factory in Sibiu which produces electronic components and special cables, the company’s general manager George Costache...
Hornbach Opens Its Sixth Romanian Store Following EUR12M Investment
Do-it-yourself retailer Hornbach Romania opened Wednesday its sixth store in Romania, in central city of Sibiu, following investments of nearly EUR12 million, the company said in a statement...
EBRD Mulls EUR15M Loan For Road Infrastructure In Sibiu
European Bank for Reconstruction and Development is considering providing a loan of up to EUR15 million to Sibiu Municipality to finance key investments in the urban transport sector and rel...
Hilton Sibiu Hits Sales Target; Expects 8-10% Higher Revenue In 2015
The five-star Hilton hotel of Sibiu, the only five-star unit in this city, saw revenue rise by 10% last year, in line with the projected level, and expects a similar sales advance in 2015, a...