10.22.2024

Somarest Sibiu, part of LVMH group, the world’s leading luxury industry player, in 2023 posted turnover worth RON351.1 million (around EUR71 million), up 24.5% from 2022, in line with ZF more

06.25.2024

Consulting company Premier Hospitality is taking over the management of Ramada hotel of Sibiu, in a lease-type system for a 20-year period. more

05.21.2024

Fly Lili, held by German businessman Jürgen Andreas Faff, will start operating five flights from the Sibiu International Airport to Nuremberg and Stuttgart (Germany), Milan-Malpensa and more

02.28.2024

Car parts producer Compa Sibiu ended 2023 with RON767 million turnover, 4% above the 2022 level, while the company’s net profit tripled to RON7.6 million. more

12.20.2023

Independenta Sibiu, a company Transilvania Investments, one of Romania’s largest investment funds, is a majority stakeholder in, has completed the first phase of the rehabilitation of industrial more

11.14.2023

Car parts producer Compa Sibiu posted consolidated turnover worth RON597 million and RON10.2 million net profit in the first nine months of 2023. more

11.10.2023

Car parts producer Compa Sibiu is contemplating a possible separation of some activity lines. more

11.09.2023

Romania's central city of Sibiu is home to a new four-star hotel, called Mercure Sibiu Arsenal. more

10.26.2023

The Sibiu City Hall has bought for EUR5.2 million the land and buildings of the city's Fabrica de Cultura (Culture Factory) held by the company Constructii S.A., which is currently in reorganization. more

08.11.2023

Car parts producer Compa Sibiu (CMP.RO) ended the first six months of 2023 with a turnover of RON404 million, up 7% on the year, and a net profit of RON9.2 million, double on the year. more

12.08.2022

Builder CON-A, owned by entrepreneur Mircea Bulboaca, has finalized an investment of RON211 million (around EUR43 million) envisaging the modernization of Sibiu municipal stadium. more

11.11.2022

Car parts manufacturer Compa Sibiu (CMP.RO) ended the first nine months of 2022 with a consolidated net profit of RON2.7 billion, down 84.4% from RON17.5 million in the same period of 2021, more

05.13.2022

Car parts manufacturer Compa Sibiu (CMP.RO) ended the first three months of 2022 with a net profit of RON1.4 million, down 81.4% on the year, and a turnover of RON198.4 million, up 9.4% on the year, more

02.17.2022

Lagardère Travel Retail, part of the French group Lagardère, active in the travel retail sector, has invested around EUR70,000 in a business lounge at the Sibiu Airport. more

02.15.2022

Rehau, a German manufacturer of window, installation and furniture solutions, has started the process of obtaining the necessary permits to start the construction of a regional hub in Sibiu, in order more

12.08.2021

MedLife, the largest private medical system in Romania, continues expansion plans and inaugurates a new medical unit in Sibiu, following an investment of over EUR2.5 million. more

12.02.2021

Automotive component manufacturer Compa Sibiu (CMP.RO) said in a stock market report Thursday that private pension fund Vital, managed by Aegon Pensii, owns 12.3 million Compa shares, respectively more

10.13.2021

Scandia Food, the largest canned food companies in Romania, is entering a new market segment by acquiring a factory manufacturing frozen meat-based food products, which will be incorporated under the more

09.21.2021

Mercedes-Benz Trucks&Buses Romania will deliver 40 eco-friendly buses, running with compressed natural gas, to Sibiu City Hall, under a contract worth RON77 million (EUR15.7 million). more

09.07.2021

Enel X Romania, part of Enel X, the advanced energy services division of Italy’s Enel Group, is building a solar power plant with a total installed capacity of nearly 1 MWp, for car parts more

07.08.2021

Medical operator Medima Health, specialized in medical imaging and radiology, continues expansion by opening a clinic in Sibiu, central Romania, following an investment of EUR3 million. more

07.05.2021

A&D Pharma, part of Dr.Max Group, which owns Dr.Max pharmacy chain, has leased a warehouse of 9,000 square meters within the CTPark Sibiu project located in western Sibiu, being the second largest more

05.17.2021

Car parts manufacturer Compa Sibiu (CMP.RO) on Monday reported a net profit of RON4.74 million for the first quarter of 2021, up 26% compared with the same period in 2020. more

04.28.2021

APX Hotels group, owned by Romanian investor Adrian Polec, has bought the former Libra hotel in Sibiu for EUR1.85 million, which it will renovate and reopen as the four-star Hermanns Hotel in July more

04.07.2021

MedLife Medical System on Wednesday announced the completion of the transaction for the acquisition of the majority stake of 60% in Medica Sibiu, one of the important providers of private medical more