Sibiu, a vibrant city in Romania’s historical region of Transylvania, has emerged as a thriving hub for industrial development, attracting both domestic and international investors. With its strategic location, skilled workforce, and favorable economic conditions, Sibiu offers a host of opportunities for businesses seeking expansion in Romania. This article delves into the business landscape of Sibiu, highlighting key insights about the city’s thriving industries and introducing the top ten employers that contribute to its economic growth.
Automotive Manufacturing Takes the Lead
Sibiu is home to major automotive manufacturers that significantly contribute to the city’s economic growth. Continental Automotive Romania, employing over 5,000 people, is a key player in the industry. With an annual revenue of around €800 million, Continental plays a crucial role in Sibiu’s automotive manufacturing sector. Faurecia, employing approximately 2,500 workers, generates substantial revenue through its manufacturing of automotive seating, interiors, and emissions control technologies.
IT and Technology Sector Thrives
The IT and technology sector in Sibiu has experienced remarkable growth, attracting skilled professionals and driving economic development. NTT Data Romania, with a workforce of more than 1,200 employees, generates significant revenue through its software development center. The company’s operations in Sibiu contribute to the overall revenue of NTT Data Corporation, which amounted to approximately $24 billion in the latest fiscal year.
Food Processing and Agriculture Flourish
Smithfield Romania, a major player in the food processing and agriculture sector, employs more than 1,500 workers in its Sibiu facility. With an annual revenue of over €200 million, Smithfield Romania contributes significantly to Sibiu’s economy and the country’s food industry.
Diverse Industrial Landscape
Sibiu’s industrial landscape is diverse, with various companies making significant contributions. Arctic, one of Romania’s largest home appliance manufacturers, employs more than 2,000 people and generates substantial revenue from its manufacturing operations in Sibiu.
Construction and Real Estate Development
In the construction and real estate development sector, Aedificia Carpati and CON-A are prominent companies in Sibiu. Aedificia Carpati, with over 800 employees, plays a vital role in the city’s construction projects, while CON-A, employing more than 500 workers, generates substantial revenue through its real estate development activities.
These insights highlight not only the presence of major employers in Sibiu but also the significant contributions they make to the city’s economy. The employment numbers and revenue figures demonstrate the scale and impact of these companies, solidifying Sibiu’s reputation as a thriving business hub in Romania’s industrial real estate market.
Energy and Utilities Sector
Engie Romania, a leading energy company, operates in Sibiu, employing over 600 people. With its wide range of energy services and solutions, Engie Romania generates substantial revenue, contributing to the development of Sibiu’s infrastructure and meeting the region’s energy needs.
Furniture Manufacturing and Wood Processing
Mobexpert, a renowned furniture retailer and manufacturer, employs over 1,000 people in Sibiu. The company generates significant revenue through its furniture manufacturing operations, contributing to the city’s reputation as a center for quality furniture production.
Pharmaceuticals and Medical Equipment
Farmexpert, a major player in the pharmaceutical sector, operates in Sibiu, employing over 300 people. The company’s revenue stems from the distribution of pharmaceutical products, while also providing essential healthcare services to the local community. Labormed Pharma, another pharmaceutical company, contributes to Sibiu’s healthcare industry with its production of medical supplies, generating significant revenue.
Retail and Consumer Goods
Kaufland, one of Europe’s largest supermarket chains, operates multiple stores in Sibiu, employing thousands of people. With its extensive range of products and services, Kaufland generates substantial revenue, meeting the needs of Sibiu’s residents and contributing to the city’s retail sector.
Logistics and Transport
In the logistics and transport sector, DPD Romania, a renowned courier and logistics services provider, operates in Sibiu. With a workforce of over 300 employees, the company generates substantial revenue through its logistics operations. Schenker Logistics, another key player, provides efficient transport and distribution services, contributing to the region’s logistics sector.
These insights highlight the significant employment opportunities and revenue generation across various industries in Sibiu. The presence of these companies underscores the city’s economic growth and its position as a hub for industrial and commercial activities. The employment numbers and revenue figures showcase the substantial impact these companies have on Sibiu’s business landscape, further establishing the city as a thriving destination in Romania’s industrial real estate market.