Siemens will modernize the Sykatec facility in Sibiu in 2016
Siemens announced it would modernize next year the the Sykatec facility in Sibiu, a project estimated to surpass 3 million Euro, according to company officials, quoted by Mediafax, 2015-12-04 11:01:15
"We have four plants, three located in Sibiu and one at Buzias. The facility we plan to modernize at Sibiu next year produces electronic components and special cables for the transportation industry, such as wagons," said George Catalin Costache, CEO Siemens Romania.
This year, the company celebrates 110 years from its establishment. It runs nine divisions, two R&D centers at Brasov and Cluj-Napoca, a unit specialized in oil and gas at Bucharest and over 1,600 employees. In 2014, Siemens Romania reported a turnover of over 138 million Euro, excepting the financial results obtained at Sibiu and Buzias.
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