THE ECONOMIC ENVIRONMENT OF SEBEŞ ON THE 100 YEAR ANNIVERSARY

Abstract

Named the town with zero unemployment (rate) in Romania, due to numerous foreign and native investments, Sebeş has a steady economic growth, reflected also in the ascending numerical evolution of the population (32.256 inhabitants - January 2015, compared to 29.954 inhabitants in 1992) being the second largest town in the county. The town of Sebeş is an economic motor of the county, placing Alba county on the second place in the country as economic performance in 2016 compared to 2015 (13% economic growth compared to a national average of 4%). The two biggest companies, as turnover, in the county are from Sebeş: Star Assembly (Daimler gearboxes) and Kronospan, which together have a turnover of over 2.5 billion lei (2016).