12.03.2015

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 told a more

10.14.2015

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. more

06.23.2015

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 related more

01.28.2015

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, according more

09.17.2014

Shareholders of carpet producer Sitex Dumbrava Sibiu (SITS.RO), indirectly owned by businessman Ilie Carabulea, decided to delist the company from Rasdaq market. more

08.19.2014

Danish furniture and home deco retailer JYSK will open its 16th store in Romania mid-October, in the Shopping City retail park in Sibiu, owned by British investment fund Argo Real Estate Opportunities more

06.27.2014

U.S. fast food chain Subway has opened its first drive-thru restaurant in Romania, in central city of Sibiu, in partnership oil company Petrom. more

05.26.2014

German-held Continental has increased the number of people it plans to recruit in Romania this year from 1,000 to 1,500 and half of these people will be employed in the company’s new R&D center of more

04.29.2014

Romanian car parts manufacturer Compa Sibiu (CMP.RO) estimates its net profit will fall 11.2% this year, to RON18.9 million, from RON21.3 million a year earlier. more

04.01.2014

European Bank for Reconstruction and Development (EBRD) will grant a EUR4.8 million loan to public transport company TURSIB to relocate the bus depot in Sibiu city, from its current site in the city more

02.20.2014

The Hilton hotel in Sibiu, the only five-star hotel in the city, targets an average occupancy rate of at least 77% this year, from 67% in 2013, says general manager Nicolae Aron. more

01.28.2014

Swiss home appliances component manufacturer Jaeggi Industries is to invest about EUR20 million in a production facility in Cristian, Sibiu County, central Romania and create more than 130 jobs. more

01.16.2014

Spanish Grupo Antolin, which makes vehicle lighting fixtures in Sibiu, central Romania, plans to expand its Romanian operations this year with a greenfield investment, a new factory near its existing more

12.02.2013

Auchan Romania will open Tuesday its first hypermarket in Sibiu, central Romania, after investing EUR2 million in remodeling the former Real hypermarket. more

09.03.2013

The 116 kilometer long Sibiu-Pitesti highway expected to cost to more than EUR3 billion should be paid for with European funds allocated for 2014-2020. At least this is what Romania’s national more

05.19.2013

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, opened a new store in Sibiu, central Romania, Saturday, its eighth in the city and 166th in the country. more

05.13.2013

Car parts maker Compa Sibiu (CMP.RO), controlled by its shareholders, has recently managed to attract Daimler as a client, for whom it makes pinions for Mercedes cars. more

11.12.2012

Romanian car parts manufacturer Compa Sibiu (CMP.RO) Monday said its net profit rose 70% to 21.2 million lei (EUR4.7 million) in the first nine months, from RON12.5 million in the year-earlier period. more

09.13.2012

The pension funds managed by ING currently own 5% in automotive component maker Compa Sibiu (CMP.RO), one of the companies on the stock market with a significant increase in financial results over the more

08.10.2012

Romanian car parts manufacturer Compa Sibiu (CMP.RO) Friday said its net profit rose 56% to 18.5 million lei (EUR4.2 million) in the first half, from roughly RON12 million in the year-earlier period. more

04.30.2012

Romanian car parts maker Compa Sibiu (CMP.RO) estimates turnover of 520 million lei (EUR118.2 million) in 2012, up 9.3% on the year, the company said in a statement Monday. more

04.12.2012

Computer Generated Solutions, EBS, iQuest and Pentalog are but some of the foreign companies to have hired several hundred people in Sibiu (central Romania), as the city is, along with Brasov, the new more

02.20.2012

Management at Romanian transformer maker Retrasib Sibiu (RTRA.RO) approached shareholders with a proposition to buy back at most 10% of the company’s shares, in an operation that could cost up to 4 more

02.15.2012

Transformer maker Retrasib Sibiu (RTRA.RO) Wednesday reported a net profit of 1.18 million lei (EUR271,470) for 2011, compared to RON3.8 million in 2010. more

11.30.2011

The European Bank for Reconstruction and Development on Wednesday announced it has issued a EUR17.1 million loan to Romanian water utility company S.C. Apa-Canal Sibiu. more