Independența SA Sibiu, a company in which Transilvania Investments is the majority shareholder, completed the first phase of the €1.5 million rehabilitation project of the industrial facilities on the platform. The ultimate goal is to reintegrate the old production plants into the economic and social circuit of Sibiu City, which will be the foundation for a new and broader project for the development of a hub in this key area of the country.

Two of the three plants located on the platform in the South-West area of Sibiu City, just about 500 metres from the highway entrance, have already passed through repair and modernisation works. Overall, 12,000 square metres of the 40,000 square metres of spaces have been refurbished, from floor to roof, with up-to-date materials. The final layout has been set to ensure a mix of utility. Thus, for the spaces intended for production and warehousing activities, the old industrial-type utilities have been retained, and for those hosting community activities (sports hall and climbing esplanade), the structure and the interior design have been redesigned. Currently, 74% of the renovated plants are already rented.

The impact of the investment is already obvious, so the works enabled an increase in rental revenues, and this means resources for the next step, namely the refurbishment of the 3rd plant on the platform, a much more complex work.

In the long term, the development strategy of the Independența platform also includes the construction from scratch of a 4th plant, located on the 10 hectares of currently unoccupied land, as well as the equipping of existing facilities with eco-friendly technologies.
Independența SA Sibiu continues to have its own production activities in the field of equipment for the recycling and metallurgical industry, on the same industrial platform in which the real estate investments are also integrated.

Brasov, December 12, 2023