Why Sibiu? Public administration Tourism A strategic position in the heart of A unique county bureau for Sibiu boasts a vibrant tourism Romania, good infrastructure authorizing investments that industry and cultural scene, access and skilled workforce are will shorten and simplify which have enabled the city to the main reasons investors are procedures for companies establish a well rounded identity choosing Sibiu will open in May in Romania and abroad www.business-review.eu SIBIUNumberApril 2014, 1 / AprilNumber 2014 2 AT THE HEART OF BUSINESS Photo: Silviu Pal

Business Review Supplement www.business-review.eu 2 OVERVIEW BR Local Investment | April 2014 Sibiu Facts&Figures

∫ SIMONA BAZAVAN General Infrastructure Is there business outside information EUR 26 million - investment in road Bucharest? There certainly infrastructure by the local authorities 543,200 ha - the county’s surface in Sibiu in 2013 is – and to find out where to area, which represents about 2.3 per- 65 km of highway, part of the Orastie- invest and what the econ- cent of the total Romanian territory Sibiu highway (A1) were opened to omy looks like outside the 426,294 - the county population traffic last year, most of which were (2013, INS data) in Sibiu county capital, BR is launching a Sibiu – largest city in Sibiu County 3km - the distance between Sibiu series of supplements dedi- and county residence (147,245 inhab- International Airport, the only one of cated to the main develop- itants, 2011 census) its kind in the county, and Sibiu. Medias - the second largest city in There are regular flights to Vienna, ment poles around the Sibiu County (44,169 inhabitants, Munich, Stuttgart, London, Antalya country. The first issue 2011 census) and Rhodes, but no direct flights to focuses on Sibiu County. 15,000 – college graduates each Bucharest year 222, 827 - total number of passen- 274 km – distance between gers who passed through Sibiu Bucharest and Sibiu International Airport in 2013 322,110 – farming area (2010 data)

Real estate market EUR 10-13/sqm – average monthly office rent (JLL Romania) EUR 8-10/sqm – average monthly rent for ultra-central houses and vil- Economic data las (JLL Romania) 4,000 sqm - take-up of office space EUR 5.2 billion – total turnover of in Sibiu in 2013 (JLL Romania) companies registered in Sibiu in 2012 EUR 150-250 – rent asked by land- EUR 7, 164 – GDP per capita in 2013 lords for a one-bedroom apartment 4.97% - unemployment in February (Imobiliare.ro) 2014 EUR 772 – average asking price per 176,600 – the employed workforce square meter for old apartments (2011 data) (March 2014 data, Imobiliare.ro) EUR 358 – average net salary in 26% – apartments in Sibiu are 26 February 2013, the fourth highest in percent cheaper than in Bucharest Romania (Imobiliare.ro) Photo: Silviu Pal www.business-review.ro BR Local Investment | April 2014 INTERVIEW 3 Access, budget, collaboration – Sibiu’s ABC of attractions

The creation of a unique county bureau for investments that would reduce and simplify investment procedures is just one of the initiatives that Sibiu County Council has to attract more investors, council president Ioan Cindrea told BR

∫ SIMONA BAZAVAN ting up of a development agency and simplified authorization procedures. Another focal point is improving the What are the top five reasons a com- workforce through training programs pany, Romanian or foreign, would for traditional occupations such as choose Sibiu to do business over an- crafts and creative industries de- other county in the region? manded by the job market. The pro- First, geographical position and acces- motion and development of a modern sibility. Sibiu County is crossed by two and competitive economy, focused European roads – Pan-European Cor- more and more on knowledge, cre- ridor IV (A1) and the Transylvania ativity and innovation, is our main highway (A3) – plus four national strategic development goal. This will roads, 953km of county roads and ensure long-term, balanced and sus- 406km of local roads. There is also tainable development for the county. Sibiu International Airport which is To sum up, the county’s strategic pri- very important for central Romania orities are an industry based on ad- and southern Transylvania. Second, vanced technologies especially with a the existing infrastructure, the avail- focus on the automotive sector, IT, able utilities in areas of interest for the R&D, tourism, organic farming, the development of industrial parks and food industry and the sustainable de- industrial areas as well as available velopment of rural areas. plots of land for concession or sale to potential investors. Friendly adminis- How many industrial parks are there in tration is the third reason. There is Sibiu and do you plan to create new very good collaboration between all ones? institutions and firms in the county. At present there are three, in Selimbar, We are also working on creating a Sura Mica and Medias. There is also a unique bureau for authorizing invest- Courtesy of Sibiu County Council business incubator in Sibiu managed ments which will mean shorter and by the local Chamber of Commerce, simplified procedures. We are testing Industry and Agriculture and several the IT system and estimate that it will industrial areas: Sibiu-Vest, Carta, become operational in May. Invest- Ocna Sibiului and Copsa Mica. We ments require qualified workers and definitely want other such areas and this is the fourth reason. We have five we have indentified potential in universities offering educational pro- Agnita, Avrig, Marsa, Talmaciu, grams in line with labor market re- Dumbraveni, Saliste, and Miercurea quirements. The high school and Sibiului. The locations have the right professional educational system is Chamber of Commerce, Industry and hospital renovation projects. Local conditions, the infrastructure is flexible and can easily adapt to in- Agriculture and all county institutions tourism is another important chapter complete or almost complete and they vestors’ professional qualification re- offer consulting to any interested in- and we plan the renovation and devel- have easy access. This is why we will quirements. The fifth reason is Sibiu vestor. opment of the Paltinis mountain re- hold an international business forum itself, a tourist and cultural destina- sort, the Balea alpine area, the Bazna in June to which we have invited tion and a European Cultural capital in What investment projects with the po- and Ocna Sibiului spa resorts and dozens of ambassadors and economic 2007. There are over 150 local festivals tential to impact the local business en- themed tours. attaches to show them the numerous and events each year in Sibiu and we vironment are underway in Sibiu? business and investment opportuni- are working to create the right condi- The county’s budget is focused on de- What is the county’s economic develop- ties Sibiu offers. We have also initiated tions to encourage tourists to discover velopment this year, with one third of ment strategy for the coming years and dialogue with the local administration, other attractive areas of the county. total funds (e.n. total budget is ap- are there any local industries you are business communities and civil soci- proximately EUR 72 million) allocated focusing on promoting? ety to identify specific investment What are the main fiscal incentives to such projects. These funds, and EU Firstly, we don’t accept polluting in- needs. available to investors in Sibiu? money, will mainly go towards road dustries or shale gas exploitation. I would like to thank Business Re- These are offered by each local admin- infrastructure, highways A1 and A3, Now that we have settled what we view for the interest you have shown istration, but there are industrial parks plus several county and local roads don’t want for Sibiu, there is a strategy Sibiu county and I invite all your read- and areas in the county where the in- which we would like to complete by for the county’s economic develop- ers, businesspeople or not, to come frastructure and utilities required by 2016. Another important aspect is the ment drafted for this term but which and convince themselves that Sibiu investors are available, and develop- development of Sibiu International goes as far as 2020 and beyond. The county has a strong identity, it has ments poles that could lead to the cre- Airport in terms of passenger traffic objective is to increase the county’s hardworking and fair people and the ation of more such areas. Another and the construction of a cargo termi- economic competitiveness which county administration is here for facility is the unique investment bu- nal. And we will continue to develop means support for industrial parks them. reau I mentioned. Also, Sibiu County the utilities networks and the health- and areas, attracting investments, in- Council, Sibiu Prefecture, Sibiu’s care network where we have several vestor support, job creation, the set- [email protected] www.business-review.eu 4 TOURISM/INTERVIEW BR Local Investment | April 2014 Tourism paves way Sibiu looks to boost for business economic growth Sibiu boasts a vibrant tourism industry and cultural Sibiu has grown to become a modern and dynamic city scene, which have enabled the city to establish a well where there still is room for more investors, the city’s rounded identity in Romania and abroad mayor, Klaus Iohannis, told BR

∫ SIMONA BAZAVAN

Why invest in Sibiu? Sibiu has already proven that it is a successful economic destination, as the investors who came and started businesses in the city have remained here and even extended their pres- ence. This is a big advantage for a business destination and shows that Sibiu has a stable and solid business environment. Another reason is that Sibiu is in a continuous process of de- velopment as an economic destina- Photo: Silviu Pal tion. The market is open and there still are many sectors where potential in-

vestors could find a place. Sibiu pro- Courtesy of Sibiu City Hall duces new and qualified workers – and I refer here to the approximately Around 150 cultural events are held in Sibiu each year 15,000 students who graduate each year from one of the city’s universities. Sibiu also offers a good living environ- ment. I therefore believe it has the el- ∫ SIMONA BAZAVAN tels Ibis runs, in Bucharest and ements of an attractive business Constanta, says the GM, which she location for the economic and indus- attributes to the variety of events held trial sectors that best suit it. For which projects do you want to ob- The Sibiu International Theater Festi- locally. tain EU financing during the 2014-2020 val, Astra Film Festival, Sibiu Interna- There is an array of things to see What fiscal incentives do you offer in- framework? tional Jazz Festival, the Brukenthal and do in Sibiu – cultural and sports vestors? We are working with a firm to create a National Museum and the open-air events, historic and architectural We support investors who want to portfolio of projects we want to fi- Astra village and folk museum are tours, nature activities, tours of the open a business in Sibiu by helping nance through the structural funds just a few of the reasons to visit Sibiu. fortified churches – which makes it them obtain all the necessary author- available between 2014 and 2020. We Over 150 events are organized locally difficult to define the typical Sibiu izations and approvals faster. Under started this some time ago but we are each year and the numerous tourist tourist, thinks Gheorghiu. Neverthe- the existing laws this is one of the few still waiting for the paperwork to es- attractions led to the city hosting a less, visitors opting for Sibiu have “a means we have to support potential tablish the financing axis and domains record number of tourists in 2013, rather sophisticated profile, they are investors as a public administration. at national level. This portfolio in- even more than it did in 2007 when it educated and have above average in- Another important element is the cludes infrastructure works, street was designated European Capital of comes. There is also a growing seg- openness the authorities have to- renovation, the creation or modern- Culture. ment of tourists interested in sport wards these investors, guiding them ization of public spaces, renewable Indeed, Sibiu winning that acco- and active hobbies who come to do through the local intricacies. energy projects, the construction of a lade was a cornerstone in its develop- adventure sports,” she adds. What is the city’s economic develop- conference and entertainment center ment. The local administration made The city’s cultural and sporting ment strategy for the coming years? and social centers and the expansion good use of the EUR 50 million avail- calendar is partially financed by The economic development is set by of green areas. able for the event with renovations, the local authorities, whose involve- the companies themselves. For exam- events and seizing the opportunity to ment has been vital in organizing ple, heavy industry is not common in What infrastructure projects are un- promote itself in Europe and at home. them. “Yes, as a hotel manager I Sibiu because it does not suit the city’s derway in Sibiu? This has benefitted the local tourism count on this support. The local ad- profile. Instead, the automotive parts Our way of supporting the business industry and the entire local economy, ministration makes efforts to pro- manufacturing, food and textile in- environment as a local administration putting the city on the map for mote new events every year in order dustries are well established. This is to create as functional a city as pos- tourists and investors alike. to create the necessary dynamic and is the direction that the economic sible through modern transport net- In fact, Andreea Gheorghiu, gen- maintain the interest of those visiting development will probably follow. works. The city’s modernization eral manager of the Ibis hotel in Sibiu, the city,” said Gheorghiu. The author- The service sector, I believe, will process started in 2003 and it contin- believes that the city now enjoys the ities also take part each year in local definitely have a more dynamic ues. Until 2007 it focused on central best management system of all the and international tourism fairs to development. areas while after 2007 investments tourist destinations in Romania. The present the local cultural and tourist A major sector where we as the were directed towards the neighbor- hotel was opened in 2009 with the lo- attractions and maintain the city’s local administration have an impor- hoods. In 2012 we started a broad re- cation prompted by the impact that profile. tant contribution is tourism. Over the configuration program of the city’s the city’s stint as European Capital of “I would be glad if Romania had an- past ten years this sector has probably neighborhoods. Over the past ten Culture in 2007 had on the hotel in- other city with the image and visibil- had the most constant and significant years, more than 250 streets have dustry. Thank to this, Sibiu has be- ity of Sibiu because this would make development and the local adminis- been fully rehabilitated. As a result, come a much sought after tourist it possible to share experiences and in tration has created the premises for it. the city is more functional so the in- destination, she added. the end we would all be better off,” Another sector that has developed habitants and business environment So much so that the Ibis hotel in concluded the GM. very well over the past five years is benefit from modern infrastructure. Sibiu reports a larger share of leisure healthcare, where there have been guests than the other three local ho- [email protected] several private projects. [email protected] www.business-review.ro BR Local Investment | April 2014 5

PARTNER CONTENT Our objective remains to identify and support as many Romanian projects as possible by Traian Halalai, EximBank

that they don’t have to wait for the overlooked this area. Our message for trade and they have to be prepared perfect business conditions but they the local businessmen was that we for facing the challenges on the can approach us and find the are ready to answer to the business foreign markets. We are convinced necessary support for their environment needs, we have the that AREX will be the ingredient development plans. necessary funds and are open for making the difference because, as per In order to accelerate the financing financing or guarantee the companies’ export strategy draft by 2020, the new activity we intend to keep our costs for projects with multiplying economic international business environment products and services at the lower effects. We have also pointed out the will favor the innovative organizations, limit of the present range of the fact that our agency’s activity in Sibiu involved in networking, having banking market. Also, EximBank will has improved – we have strengthened increased abilities in terms of continue diversifying its product the team, reshaped the flows on the association and network cooperation. portfolio, one of the targeted areas commercial side and last but not least AREX has this objective, that by being the improvement in flexibility we have simplified our working combining the expertise of its and the extension of the trade finance procedures. members to improve the Romanian activities that will better respond to companies presence abroad. AREX the actual needs of the companies Rep: EximBank has been involved will offer to its members access to active in the commercial field. First in launching the Romanian information regarding business President of EximBank, step was to up-grade the external Exporters Associations. What does opportunities outside Romania, will factoring offer of the bank that allows this association offer to Romanian facilitate the participation in various Traian Halalai (photo) says that us to finance partially or totally the exporters? international business events and/or the main objective of the bank commercial invoices related to official economic visits and will create for this year remains in the exports operations for covering the Traian Halalai: Romanian Association the framework for developing a temporary lack of cash that might of Exporters – AREX represents business and communication area of granting support to as appear between the invoicing and another channel for EximBank to network. The association is up and many Romanian companies‘ cashing up. fulfill its role as per the provisions of running, has over 55 members – projects as possible, the bank its bylaw – supporting Romanian including companies in Sibiu – and having both the capacity and Rep: What strategy will EximBank business environment and the now that the act of establishment is have for convincing businessmen international transactions. The over any exporting company may the availability to back up the that it might be their valuable exporting companies face radical become a member with no financial business environment in its partner? changes in terms of international contribution. efforts of achieving relevant Traian Halalai: We are trying to be in performances. permanent contact with our partners and this is why continuing our EximBank Sibiu, the necessary Rep: Which are the main strategic communication program with the directions that EximBank will business community represents an stop over for developing businesses follow this year? important topic on our agenda. Last year we have started a direct EximBank has opened in 2011 Traian Halalai: This year the focus communication program with the an agency in Sibiu in order to of our activity will be on supporting businessmen – that will continue this bring closer to the local production activities and the year – and we have been organizing companies its product portfolio companies active in this field will meetings with the local business focused on three business represent a group of target clients communities where more than 400 pillars– financing, guarantees that will benefit from our increased managers and local authorities and insurance. The financing attention. We will continue as well representatives have been present. We package of the bank includes our efforts in terms of supporting and had such a meeting with the both standard credits for promoting Romanian exporting businessmen in Sibiu area and we current activity or investments companies. Long story short, our have met more than 50 managers and specific products in the main objective is to identify and from the companies in the region such category of state aid products: support as many companies’ projects as Compa, Boromir, BMB subsidized interest rate credits facilitating the access to financing. as possible. Kabeltechnik SRL, Caucho Metal and partial interest rate In terms of insurance, EximBank We have improved our Productos, Matec-CNC Technik, compensation that allows the covers the commercial and commercial activity – the exposure Sutech, Sinecon, DN Agrar Grup, IPEC company to recover up to 50% of political risks that may incur on the financing segment increased Alba, Hultafors Umi SRL or Bantut. The the interest rate paid for the during international commercial in 2013 with 60% as compared to ascending trend of foreign investment credits granted by transactions or in the December 2012 – and we have investments in the region, the the commercial banks. State implementation of investment expanded our clients’ portfolio by positioning of Sibiu on the IVth Pan – guarantees offered by EximBank projects of Romanian companies closing agreements with ones of the European transport corridor support the companies that abroad. most representative players in Constanta – Nadlac, the functional need financing but can’t provide Romanian economy. These figures infrastructure, including the aerial one enough collateral guarantees. Additional details: stand for our active presence on the – are the few features of the region Guarantees issued by EximBank EximBank Sibiu corporate finance segment and I find that support the powerful business take over a significant part of General Vasile Milea Blvd. Block 13 this as a strong incentive for local community. As our mission is to the credit associated risks thus [email protected] companies that should be convinced support business we couldn’t have www.business-review.eu 6 FOCUS BR Local Investment | April 2014 Why Sibiu?

A strategic position in the heart of Romania, good infrastructure access, a skilled workforce, support from the authorities, a different business culture from Bucharest and the local quality of life have persuaded companies active in various industries to invest in Sibiu

∫ SIMONA BAZAVAN ment project and made it possible to develop a new business in town”. Sterescu added that “the public trans- “In 2003 Continental was looking to ex- port company even changed the name tend its business in Romania with a of the bus stop close to our support new electronics factory. Sibiu was a center to CGS.” good option logistically and for its ac- The skilled workforce is Sibiu’s cess to the European highway net- main selling point, but the Transyl- work – most of our clients are in vanian city has more to offer. “It is southern Germany. The airport was one of the most important cities in also a big plus as was the Lucian Blaga Romania and the numbers prove it. It University, with whom we have has a population of about 375,000, worked very well since the first year,” the unemployment rate is below the representatives of Continental Auto- national average (…), the GDP per motive Systems told BR. capita is above the national average So important is the investment that and the local business culture is very the German automotive manufac- open to new things; so I personally turer’s plant has grown to become the see only advantages,” he explained. largest business in the county based Should the announced infrastructure on turnover in 2012, according to the There is growing demand for class A offices in Sibiu projects such as the Sibiu-Pitesti high- National Trade Register Office. way be carried out, this will only And Continental is not the only strengthen the city’s position as a manufacturer that has found Sibiu to BearingPoint opened its only office ers of automotive components that business destination alongside its its liking. German companies in par- outside Bucharest in Sibiu. “It is lo- have invested here, but it could also travel reputation, he added. ticular have come and now represent cated in the middle of the country attract more SSCs (shared service cen- On the topic of tourism, Sibiu is the largest foreign investor commu- near major university centers such as ters) and BPOs (business process out- now one of Romania’s best known nity in the county. Automotive manu- Cluj, Timisoara, Brasov and of course sourcing), positioning it as an travel destinations, boasting numer- facturer Marquardt Schaltsysteme has Sibiu. Transylvania offers very good alternative to Cluj, Gijs Klomp, man- ous sights and a rich cultural scene. built its largest production facilities potential job candidates. Also, in 2007 aging director and head of capital After it was designated European outside Germany in Sibiu, according Sibiu was European Cultural Capital markets at JLL Romania, told BR. One Capital of Culture in 2007, the city to local media. The region is also and there is the airport in Sibiu (…). downside is that the city is relatively made good use of the resulting EUR home to Takata Sibiu, Kuhnke Pro- This was very important for us be- small and so lacks the critical mass of 50 million available and the opportu- duction, Thyssenkrupp Bilstein cause our consultants travel a lot to workers, he believes. Overall, there is nity to promote itself in Europe and at Compa, Harting Romania Manufac- our Western European clients,” Chris- a need for Class A offices in Sibiu as home. This gave momentum not only turing, Brandl Ro, Austrian Frauenthal tian Gurny, partner with BearingPoint the local office market is still poorly to local tourism but the entire local Automotive Sibiu and numerous Romania, told BR. represented. The existing demand is economy. Further investments fol- smaller investors. He believes Sibiu even rivals far from being met and finding an ap- lowed. They were attracted by the strate- Bucharest for companies who come propriate office space is a challenge, “We opened an Ibis hotel in Sibiu in gic location, local infrastructure and to Romania for the first time or in- he said. 2009. The choice of Sibiu was closely skilled workforce as well as the vestors who want to expand their One outsourcing company that has linked to the impact that its role as Eu- county’s strong German background. local activities. “Absolutely yes! I invested in Sibiu is American CGS ropean Capital of Culture in 2007 has The authorities too have played a role. think Sibiu is a very good alternative which opened a support center here had on the hotel industry. Since then, “We chose Sibiu out of several cities due to a pool of candidates who are in 2011, in addition to ones in Sibiu has become a highly sought after also because from the beginning we well educated, graduates of econom- Bucharest and Brasov. It has close to tourist destination,” Andreea Gheo- had the feeling that we were in good ics and technical faculties who speak 350 employees in Sibiu since advertis- rghiu, GM of Ibis Sibiu, told BR. hands, with the local administration several foreign languages fluently. As ing 150 new positions at the begin- She sees Sibiu today as a dynamic offering all the necessary support,” a consulting firm, our most important ning of the year. city with a business culture of its own added Continental representatives. asset is our people, which is why it’s “The quality of the workforce and which has managed to attract a signif- The company employs more than very important to find the most tal- their training and education – in terms icant number of important investors, 2,700 people in Sibiu out of whom ented and cleverest minds. Also, the of languages but also technical and industrial players, retailers and more 760 are engineers who work both in cost of living is lower in Sibiu than in communication skills – are key criteria recently real estate developers. “I also production and in its local R&D center. Bucharest. Besides all this, there are for us when choosing a location for see an intense rhythm of investments The manufacturer plans to further ex- many interesting prospects from var- our support centers. So, Sibiu was a in IT and other services. Depending pand its operations in Sibiu by adding ious industries, including automotive natural choice as the local workforce on the area of activity, of course, Sibiu a new production module and a new producers that have subsidiaries and is well trained and many people speak can be an alternative to Bucharest es- R&D building and hiring more people. production units close by,” he out- foreign languages, German in particu- pecially because it has many well Continental has other production and lined. The company employs 42 con- lar, which is a requirement for many trained and educated professionals R&D facilities in Timisoara, Carei, sultants in Sibiu and wants to of our positions,” Vladimir Sterescu, and I think even more will be at- Arad and Iasi. increase the headcount by half again the country manager of CGS in Roma- tracted here by the quality of life,” she But it is not only industrial players by the end of 2014. nia told BR. The company has also en- concluded. who find Sibiu attractive. Manage- Sibiu has emerged as an office des- joyed the support of the authorities, ment and technology consulting firm tination due to the large manufactur- who were “very open to the invest- [email protected] www.business-review.ro BR Local Investment | April 2014 FOCUS 7 Top 20 Companies in Sibiu RON YEAR OF RON COMPANY ACTIVITY AREA CONTACT TURNOVER REGISTRATION TURNOVER 2012

RANK 2011 CONTINENTAL Manufacturing of electrical and 8 Salzburg St., Sibiu 1 AUTOMOTIVE 2005 electronic equipment for Tel: +40 369 433 500 1,526,272,339 1,264,430,015 SYSTEMS SRL vehicles and vehicle engines www.conti-online.com

30A Semaforului St., Sibiu Wholesale of pharmaceutical 2 POLISANO SRL 1993 Tel: +40 269 210 384 1,311,577,962 1,245,539,397 products www.polisano.ro Wholesale of wood materials, 100 Alba Iulia Road, Sibiu 3 AMBIENT SA 1993 construction materials and Tel: +40 269 202 151 666,086,173 585,819,692 sanitary equipment www.ambient.ro 25A Miercurea Sibiului St., Manufacturing of clothing Miercurea Sibiului 4 BENROM SRL 2005 590,431,849 637,218,673 (underwear not included) Tel: +40 269 501600 www.benrom.com 2 München St., Sibiu MARQUARDT Manufacturing of electrical 5 2004 Tel: +4 0269501700 539,590,857 518,218,340 equipment SCHALTSYSTEME SCS ro.marquardt.com Manufacturing of pieces and 8 H Coanda St., Sibiu 6 COMPA SA 1991 accessories for vehicles and Tel: +40 269 230 888 504,094,872 475,420,370 vechicle engines www.compa.ro 5 Nicholaus Olahus St., Sibiu Other insurance activities 7 CARPATICA ASIG SA 1996 Tel: +40 269 222 877 493,537,357 246,151,507 (life insurance not included) www.carpaticaasig.ro 3 Florian Rieger St., Zona Manufacturing of pieces and Industriala Vest, Sibiu 8 TAKATA SIBIU SRL 2004 accessories for vehicles and 432,119,887 398,308,814 Tel: +40 269 203 700 vechicle engines www.takata.com IMPREGILO S.P.A. 20 Dorului St., Sibiu Construction works for roads 9 MILANO-SUCURSALA 2011 Tel: +40 372 586 500 291,404,612 0 and highways SIBIU www.salini-impregilo.com 1 Autogarii St., Sibiu BANCA COMERCIALA Other financial transaction 10 1999 Tel: +40 269 233 985 281,568,087 603,904,160 activities CARPATICA SA www.carpatica.ro 14 Tractorului St., Sibiu Other tourist reservation and 11 ATLASSIB SRL 1993 Tel: +40 269 224 107 260,752,209 276,344,037 assistance services www.atlassib.ro 133 Podului St., Sibiu Manufacturing of meat products 12 SCANDIA FOOD SRL 2004 Tel: +40 269 208 600 198,140,236 164,517,002 (including poultry) www.scandia.ro KUHNKE PRODUCTION Manufacturing of electronic Tel: +40 269 505 100 13 1998 179,631,137 137,213,319 ROMANIA SRL subassemblies (modules) www.kuhnke.com

HARTING ROMÂNIA Manufacturing of electricity 21 Europa Unita St., Sibiu 14 2003 distribution and control www.harting.ro 155,039,864 124,188,493 MANUFACTURING SCS machines Retail of carfuels in specialized 120 Alba Iulia Road, Sibiu 15 ANA OIL SRL 1996 141,643,900 162,446,559 stores Tel: + 40 269 227 673 4 Florian Rieger St., Sibiu Manufacturing of electronic 16 SIMEA SIBIU SRL 2005 Tel: +40 269 202 730 140,476,029 137,289,590 subassemblies (modules) www.cee.siemens.com 22 Forjorilor St., Sibiu Manufacturing of pieces and FRAUENTHAL Tel: +40 269 207 347 17 1998 accessories for vehicles and 131,432,984 134,257,992 www.frauenthal-automo- AUTOMOTIVE SIBIU SRL vechicle engines tive.com THYSSENKRUPP Manufacturing of pieces and 8 Henri Coanda St., Sibiu 18 1996 accessories for vehicles and Tel: +40 269 207 207 124,599,984 140,237,182 BILSTEIN COMPA SA vechicle engines www.bilstein.ro Manufacturing of pieces and 40 Turda St., Sibiu 19 BRANDL RO SRL 2000 accessories for vehicles and Tel: +40 369 800 656 118,145,096 96,476,213 vechicle engines www.brandl-hb.com 10 Europa Unita St., Sibiu PHOENIX MECANO Manufacturing of plastic boards, Tel: +40 269 241 055 20 2000 110,132,746 121,028,027 PLASTIC SRL foils, tubes and profiles www.phoenix- mecano.com/romania

Companies are listed according to their 2012 turnover. The financial information is provided by the National Trade Register Office (ONRC)