Territory - city

Sibiu is a city in Transylvania, Romania, with a population of 137,026 inhabitants. Located some 215 km north-west of Bucharest, the city straddles the Cibin River, a tributary of the river Olt. Now the capital of Sibiu County, between 1692 and 1791 and 1849-1865 Sibiu was the capital of the Principality of Transylvania. Sibiu is one of the most important cultural centres of Romania and along with the city of Luxembourg, it was designated a European Capital of Culture for the year 2007. Formerly the centre of the Transylvanian Saxons, the old city of Sibiu was ranked as "Europe's 8th most idyllic place to live" by Forbes.

Sibiu is one of the most prosperous cities of Romania, and also receives one of the highest rates of foreign investment in the country. It is an important manufacturer of automotive components. Other local industries are machine components, textiles, agro-industry, and electrical components. The city also contains Romania's largest stock exchange outside Bucharest, the Sibiu Stock Exchange. A commercial zone located in the Selimbar commune plays an important role in the economy of Sibiu. It houses a mall and other large retailers which sell products ranging from food, clothing, sports equipment and electronics to furniture and construction materials.

Coordination group

Description of your coordination group, its history, composition, organisation and functioning

Process

The local co-responsibility building process and projects ongoing. Also examples of flagship actions, ...

Participation in the network

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