Misplaced Pages

#993006

71-574: Until 2012, Rășinari was connected to Sibiu by a roughly 8-km tram line through the Dumbrava Forest, but regular service ended in 2011 and since 2013 much of the line has since been dismantled. In the second half of the 18th century, the Rășinari Orthodox bishops' residence was built - the first one of its kind in Transylvania . Today the pastoral traditions of the village are incorporated in

142-490: A Transylvanian Saxon , was mayor from 2000 to 2014, despite ethnic Germans nowadays making up less than 2% of Sibiu's population. Decisions are approved and discussed by the local government ( Romanian : Consiliu local ) made up of 23 elected councillors. Sibiu is the capital of the Sibiu County . Sibiu is divided into the following districts: Some of them were villages annexed by the city as it grew, others were built as

213-416: A Romanian-language and a German-language section, and presents an average of five shows a week. The Gong Theatre is specialised in puppetry, mime and non-conventional shows for children and teenagers. It also presents shows in both Romanian and German. The State Philharmonic of Sibiu presents weekly classical music concerts, and educational concerts for children and teenagers. The concerts take place in

284-634: A buyer, Forbes suspended publication of these two magazines as of May 17, 2007. Both magazines were purchased by the American Heritage Publishing Company and resumed publication as of the spring of 2008. Forbes has published the Forbes Travel Guide since 2009. In 2013, Forbes licensed its brand to Ashford University , and assisted with the launch of the Forbes School of Business & Technology . CEO Mike Federle justified

355-583: A deal valuing the company at $ 800   million. His majority ownership was to include the remaining portion of the company owned by the Forbes family which was not previously sold to Integrated Whale Media. The transaction attracted scrutiny by the Committee on Foreign Investment in the United States . Russell denied reports that Russian businessman Magomed Musaev was involved in the transaction. In November 2023,

426-549: A financial columnist for the Hearst papers, and his partner Walter Drey, the general manager of the Magazine of Wall Street , founded Forbes magazine on September 15, 1917. Forbes provided the money and the name and Drey provided the publishing expertise. The original name of the magazine was Forbes: Devoted to Doers and Doings . Drey became vice-president of the B.C. Forbes Publishing Company, while B.C. Forbes became editor-in-chief,

497-413: A man who is believed to have founded the city, Hermann of Nuremberg . The actual German name of Hermannstadt ("Hermann's city") dates from 1366, while an earlier form, Hermannsdorf ("Hermann's village") was recorded in 1321. An alternative urban legend has it that the town was named after a certain shoemaker by the name Hermann. In the 14th century, it was already an important trade centre. In 1376,

568-476: A part. A 2009 New York Times report said: "40 percent of the enterprise was sold... for a reported $ 300 million, setting the value of the enterprise at $ 750 million." Three years later, Mark M. Edmiston of AdMedia Partners observed, "It's probably not worth half of that now." It was later revealed that the price had been US$ 264 million. In 2021, Forbes Media reported a return to profit, with revenue increasing by 34 percent to $ 165 million. Much of

639-502: A philharmonic orchestra along with other smaller private theatrical venues and a theatre studio housed by the Performing Arts and Acting section of Lucian Blaga University , where students hold monthly representations. The Radu Stanca National Theatre is one of the leading Romanian theatres. With origins dating back to 1787, it attracts some of the best-known Romanian directors, such as Gábor Tompa and Silviu Purcărete. It has both

710-572: A portion as a heritage tramway . The trams in use since the mid-1990s were formerly used in Geneva and retained their French-language signs. In 2013, they were sold to Rășinari for a low price and moved to the Rășinari end of the tram line, just before work to remove the tracks and overhead trolley wires began. Officials in Răşinari are attempting to obtain funding to build a small depot (carhouse) and to reopen

781-459: A portion of the line as a tourist attraction. In 2018, the tram line between Rășinari and Dumbrava Zoo was reopened for visitors' use. The 1930 Census registered 5,281 inhabitants, of which 5,229 were Romanian, 32 Gypsies, 13 Germans, and 4 Hungarians. At the 2002 Census, roughly the same percentages were maintained, with 5,529 inhabitants registered. Prislop village has around 300 residents (as of 2010), of whom about 15 are ethnic Romanians and

SECTION 10

#1733086280994

852-551: A post he held until his death in 1954. B.C. Forbes was assisted in his later years by his two eldest sons, Bruce Charles Forbes (1916–1964) and Malcolm Forbes (1919–1990). Bruce Forbes took over after his father's death, and his strengths lay in streamlining operations and developing marketing. During his tenure, from 1954 to 1964, the magazine's circulation nearly doubled. On Bruce's death, his brother Malcolm Forbes became president and chief executive officer of Forbes, and editor-in-chief of Forbes magazine. Between 1961 and 1999

923-568: A project developed by the Social Attaché of the Austrian Embassy in Romania, dr.h.c. Barbara Schöfnagel. It was held in the "Lesser Square" (Piața Mică) with 38 small stalls, a small stage and an area dedicated to children, having several mechanical attractions installed there. Since 2008, the market has been held in the "Grand Square" (Piaţa Mare) grew to a number of about 70 stalls, a bigger stage

994-407: A wide network of freelancers ("contributors") writes and publishes articles directly on the website. Contributors are paid based on traffic to their respective Forbes.com pages; the site has received contributions from over 2,500 individuals, and some contributors have earned over US$ 100,000, according to the company. The contributor system has been criticized for enabling "pay-to-play journalism" and

1065-399: Is Sâghii , formerly spelled Sîghii . Its Hungarian name is Nagyszeben ("Big/Greater Sibiu"), or colloquially, Szeben . In German, it is called Hermannstadt ("Hermann's town"), while in the local Transylvanian Saxon dialect , it is known as Härmeschtat . In Yiddish , it is called סעבען Seben or הערמאנשטאט Hermanshtat . A number of other languages also have their own variants of

1136-503: Is humid continental ( Köppen : Dfb ), with average temperatures of 8 to 9 °C (46 to 48 °F). The average precipitation is 643.7 millimetres (25.34 in), and there are about 120 days of hard frost annually. Sibiu experiences 56 days per year with fog and 1.5 days with hail . In 2007, Sibiu was the European Capital of Culture (alongside Luxembourg ). This was the most important cultural event that has ever happened in

1207-663: Is a Museum of the Culture and Civilisation of the Romany People. The Dumbrava Sibiului Natural Park stretches over 960 ha (2,400 acres) and it is 4 km (2.5 mi) away from the center of the city in the southwest direction along the road towards Rășinari. Also, here you can find the Zoological Garden and Ethnography Museum. There is a Steam Locomotives Museum close to the railway station, sheltering around 40 locomotives , two of which are functional. The first park in

1278-661: Is a city in central Romania , situated in the historical region of Transylvania . Located some 275 km (171 mi) north-west of Bucharest , the city straddles the Cibin River , a tributary of the Olt River. Now the seat of Sibiu County , between 1692 and 1791 and 1849–65 Sibiu was the capital of the Principality of Transylvania . Until 1876, the Hecht hause in Sibiu served as the seat of

1349-417: Is also an important hub for the manufacturing of automotive components and houses factories belonging to ThyssenKrupp Bilstein-Compa, Takata Corporation , Continental Automotive Systems , Marquardt Group and NTN-SNR ball bearings. Other local industries are machine components, textiles, agro-industry, and electrical components ( Siemens ). The city also contained Romania's second-largest stock exchange,

1420-572: Is known for its lists and rankings, including of the richest Americans (the Forbes 400 ), lists of 30 notable young people under the age of 30 ( Forbes 30 Under 30 ), America's Wealthiest Celebrities, the world's top companies (the Forbes Global 2000 ), Forbes list of the World's Most Powerful People , and The World's Billionaires . The motto of Forbes magazine is "Change the World". B. C. Forbes ,

1491-686: Is the largest performance arts festival in the world. Sibiu's museums are organised around two entities: the Brukenthal National Museum and the ASTRA National Museum Complex . The Brukenthal Museum consists of an Art Gallery and an Old Books Library located inside the Brukenthal Palace, a History Museum located in the old town hall building, a Pharmacy Museum located in one of the first apothecary shops in Europe, dating from

SECTION 20

#1733086280994

1562-409: The 2011 census , Sibiu had a population of 147,245, a 5% decrease from the figure recorded at the 2002 census. The ethnic breakdown was as follows: Romanians 95.9%, Hungarians 1.6%, Germans ( Transylvanian Saxons ) 1.1%, and Roma 0.4%. A 2017 estimate placed the population at 169,316, a 14.98% increase since 2011. This increase made Sibiu's population surpass the numbers observed in 1992 when

1633-525: The Asia Society , wrote in The Washington Post that "Since that purchase, there have been several instances of editorial meddling on stories involving China that raise questions about Forbes magazine's commitment to editorial independence." On August 26, 2021, Forbes announced plans to go public via a merger with a special-purpose acquisition company called Magnum Opus Acquisition, and to trade on

1704-574: The Făgăraș Mountains – a popular trekking destination, close to the city of Păltiniș and Arena Platoș ski resorts – both winter holiday destinations, and it is at the heart of the former Saxon communities in Transylvania renowned for its fortified churches . Since 2007, a Christmas market has been held in Sibiu. The first of its kind in Romania , it is inspired by Viennese Christmas markets, being

1775-768: The Metropolitan seat , and the city is still regarded as the third-most important centre of the Romanian Orthodox Church . Between the Hungarian Revolution of 1848 and 1867 (the year of the Ausgleich ), Hermannstadt was the meeting-place of the Transylvanian Diet , which had taken its most representative form after the Empire agreed to extend voting rights in the region. After World War I , when Austria-Hungary

1846-615: The Sibiu International Theatre Festival , organized each spring at the end of May. Medieval Festival organized every year in August, reviving the medieval spirit of Transylvania . The Artmania Festival is held every Summer since 2006 and as of 2008 the Rockin' Transilvania Festival is also held in Sibiu. The oldest Jazz Festival in Romania is organized here, as well as the "Carl Filtsch" festival for young classical piano players,

1917-629: The Sibiu Stock Exchange , which merged with the Bucharest Stock Exchange in 2018. Forbes Forbes ( / f ɔːr b z / ) is an American business magazine founded by B. C. Forbes in 1917 and owned by Hong Kong –based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes , and its CEO is Mike Federle . It is based in Jersey City, New Jersey . Competitors in

1988-504: The Transylvanian Saxon University . Nicknamed The Town with Eyes (given its historical buildings with partly open rooftops), the town is a well-known tourist destination for both domestic and foreign visitors. Known for its culture, history, gastronomy or local cuisine , and diverse architecture, which includes the iconic houses with eyes that gave Sibiu its nickname, the town has garnered significant attention since

2059-493: The "Astra Film" documentary film festival, the Transylvania calling Festival a Multi Cultural 6-day Open Air Music festival! 26–31 July 2007, a medieval arts festival and many more smaller cultural events. Feeric Fashion Week is also hosted here. Sibiu was awarded by IGCAT (International Institute of Gastronomy, Culture, Arts and Tourism) to be part of the European Regions of Gastronomy program, event that will promote in 2019

2130-409: The 16th century, a Natural History Museum and a Museum of Arms and Hunting Trophies. The ASTRA National Museum Complex focuses on ethnography , and consists of a Traditional Folk Civilisation Museum, a 96-hectare open-air museum located in Dumbrava Forest south of Sibiu, a Universal Ethnography Museum, a Museum of Transylvanian Civilisation and a Museum of Saxon Ethnography and Folk Art. Also planned

2201-643: The 2009 Times report: "Steve Forbes recently returned from opening up a Forbes magazine in India , bringing the number of foreign editions to 10." In addition, that year the company began publishing ForbesWoman , a quarterly magazine published by Steve Forbes's daughter, Moira Forbes , with a companion Web site. The company formerly published American Legacy magazine as a joint venture, although that magazine separated from Forbes on May 14, 2007. The company also formerly published American Heritage and Invention & Technology magazines. After failing to find

Rășinari - Misplaced Pages Continue

2272-466: The European Gastronomical capital, by encouraging the local producers and businesses in the field of food production and culinary and gourmet culture, traditional workshops in the villages of the region, promoting farms and gastronomic circuits, or developing public programs to support small businesses in gastronomy and of the hospitality industry in the Sibiu region. Sibiu has two theatres and

2343-489: The European Wandering Capital event in 2021, the most important tourist wandering event in Europe. A European Union summit was also hosted by the town in 2019. Sibiu is also known nationally and internationally for its Christmas market . Renowned personalities include Transylvanian Saxon scientists Conrad Haas and Hermann Oberth , who were both pioneers of rocketry . The company Elrond, which created

2414-619: The German community forging an ordered legal corpus and political system in Transylvania since the 1400s. In 1699, after the Ottomans withdrew to their base of power in Hungary and Transylvania, the town became capital of Principality of Transylvania (since 1570 the principality was mostly under suzerainty of the Ottoman Empire , however often had a dual vassalage). During the 18th and 19th centuries,

2485-685: The New York Stock Exchange as FRBS. In February 2022, it was announced that Cryptocurrency exchange Binance would acquire a $ 200 million stake in Forbes as a result of the SPAC flotation. In June 2022, the company terminated its SPAC merger citing unfavorable market conditions. In August 2022, the company announced that it was exploring a sale of its business. In May 2023, it was announced that billionaire Austin Russell , founder of Luminar Technologies , agreed to acquire an 82   percent stake in

2556-618: The Târnavelor Plateau, which descends to the Cibin Valley through Gușteriței Hill. The Cibin River and some smaller streams run through Sibiu. The geographical position of Sibiu makes it one of the most important transportation hubs in Romania, with important roads and railway lines passing through it, including the A1 motorway, which also serves as a heavy traffic bypass for the city. Sibiu's climate

2627-543: The app. David Churbuck founded Forbes ' s web site in 1996. The site uncovered Stephen Glass 's journalistic fraud in The New Republic in 1998, an article that drew attention to internet journalism . At the peak of media coverage of alleged Toyota sudden unintended acceleration in 2010, it exposed the California "runaway Prius" as a hoax, as well as running five other articles by Michael Fumento challenging

2698-402: The approximately 2,000 Transylvanian Saxons who decided to remain as per the 2011 Romanian census was Klaus Iohannis , the current President of Romania and former longtime mayor of the town between 2000 and 2014, who was succeeded by Astrid Fodor since 2014 onwards, initially ad interim / acting , and then, subsequently in full constitutional powers after 2016 . Sibiu is situated near

2769-456: The area were Cibinium and Cipin from 1191 when Pope Celestine III confirmed the existence of the free prepositure of the Saxons in Transylvania, having its headquarters in Sibiu. The city also used the names Prepositus Cibiniensis (1192–1196) and Prepositus Scibiniensis (1211). In 1223, it was renamed to Villa Hermanni , either in honor of archbishop Hermann II of Cologne or after

2840-506: The beginning of the 21st century. In 2004, its historical center was added to the tentative list of UNESCO World Heritage Sites . Sibiu was subsequently designated the European Capital of Culture in 2007, a title which it shared that year along with Luxembourg City as well. One year later, it was ranked "Europe's 8th-most idyllic place to live" by Forbes . In 2019, Sibiu was named the European Region of Gastronomy . Sibiu hosted

2911-572: The city became the second- and later the first-most important centre of Transylvanian Romanian ethnics. The first Romanian-owned bank had its headquarters here (The Albina Bank), as did the ASTRA (Transylvanian Association for Romanian Literature and Romanian's People Culture). After the Romanian Orthodox Church was granted status in the Austrian Empire from the 1860s onwards, Sibiu became

Rășinari - Misplaced Pages Continue

2982-424: The city center, the best known being Astra Park, established in 1879. Other parks: Tineretului Park, Reconstrucției Park, Corneliu Coposu Park, Petöfi Sándor Park, Piața Cluj Park, Ștrand Park, Cristianului Park, Țițeica Park, Vasile Aaron Park, Lira Park. The distribution of green space is good compared to other Romanian cities. Several festivals are organised yearly in Sibiu, the most prestigious of them being

3053-512: The city developed and increased its surface. The ASTRA National Museum Complex and the Zoo, located in the south, also fall within city limits. The Păltiniș ski resort, located 35 kilometres to the south, is also administered by Sibiu. While Șelimbăr and the Arhitecților district of Cisnădie are not part of Sibiu proper, they are adjacent to the city limits and often considered part of it. At

3124-424: The city was The Promenade, later called "The Disabled Promenade." established in 1791, today part of Parcul Cetății (Citadel Park). Current arrangement of the park, including the space between the walls, dates from 1928. The Sub Arini Park, established between 1857 and 1859 based on plans of military engineer Michael Seyfried, is one of the biggest and best-maintained parks in Romania. There are other green spaces in

3195-756: The city's name, like Czech Sibiň , Polish Sybin , Serbo-Croatian Sibinj , Old Bulgarian Sibin (Сибин) and the proposed Esperanto name Sibio . [REDACTED] Kingdom of Hungary 1191–1526 [REDACTED] Eastern Hungarian Kingdom 1526–1570 [REDACTED] Principality of Transylvania 1570–1804 [REDACTED]   Austrian Empire 1804–1867 [REDACTED]   Austria-Hungary 1867–1918 ( de jure Hungary until 1920 ) [REDACTED]   Kingdom of Romania 1920–1947 ( de facto from 1918 ) [REDACTED]   Romanian People's Republic 1947–1965 [REDACTED]   Socialist Republic of Romania 1965–1989 [REDACTED]   Romania 1989–present The Roman fort of Cedonia

3266-619: The company published 100 articles each day produced by 3,000 outside contributors who were paid little or nothing. This business model, in place since 2010, "changed their reputation from being a respectable business publication to a content farm", according to Damon Kiesow, the Knight Chair in digital editing and producing at the University of Missouri School of Journalism. Similarly, Harvard University's Nieman Lab deemed Forbes "a platform for scams, grift, and bad journalism" as of 2022. In 2017

3337-461: The craftsmen were divided in 19 guilds . Hermannstadt became the most important ethnic German city among the seven cities that gave Transylvania its German name Siebenbürgen (literally seven citadels ). It was home to the Transylvanian Saxon University ( Latin : Universitas Saxonum ; i.e. Community of the Saxons), a network of pedagogues, ministers, intellectuals, city officials, and councilmen of

3408-494: The deal collapsed, as Russell was unable to put together the necessary funds. Apart from Forbes and its lifestyle supplement, Forbes Life , the magazine has 42 international editions covering 69 countries: Chairman / Editor-in-chief Steve Forbes and his magazine's writers offer investment advice on the weekly Fox TV show Forbes on Fox and on Forbes on Radio . Other company groups include Forbes Conference Group, Forbes Investment Advisory Group and Forbes Custom Media. From

3479-469: The eGold cryptocurrency (among the biggest in the world), was founded by people from Sibiu. As of 2021 census, the city has a population of 134,309, making it the 15th-largest city in Romania. The proposed Sibiu metropolitan area has a population of 267,170. The town also administers the village of Păltiniș , a ski resort located 35 kilometres to the southwest. During the High and Late Middle Ages , Sibiu

3550-406: The entire media premise of Toyota's cars gone bad. The website (like the magazine) publishes lists focusing on billionaires and their possessions, especially real estate. Forbes.com is part of Forbes Digital, a division of Forbes Media LLC. Forbes's holdings include a portion of RealClearPolitics . Together these sites reach more than 27 million unique visitors each month. Forbes.com employs

3621-657: The geographical center of Romania at 45°47′34″N 24°09′07″E  /  45.792784°N 24.152069°E  / 45.792784; 24.152069 . Set in the Cibin Depression, the city is about 20 km (12 mi) from the Făgăraș Mountains , 12 km (7.5 mi) from the Cibin Mountains , and about 15 km (9.3 mi) from the Lotru Mountains , which border the depression in its southwestern section. The northern and eastern limits of Sibiu are formed by

SECTION 50

#1733086280994

3692-469: The last years. The Cultural Capital status was expected to bring about an abrupt increase in quantity and quality of cultural events in 2007 and so it did. The town government is headed by a mayor. Since 2014, the office is held by Astrid Fodor from the Democratic Forum of Germans in Romania (FDGR/DFDR), who replaced Klaus Iohannis , the latter having become the 5th president of Romania . Iohannis,

3763-549: The licensing in 2018, stating that "Our licensing business is almost a pure- profit business , because it's an annual annuity ." Forbes would launch limited promotions for the school in limited issues. Forbes has never formally endorsed the school. On January 6, 2014, Forbes magazine announced that, in partnership with app creator Maz, it was launching a social networking app called "Stream". Stream allows Forbes readers to save and share visual content with other readers and discover content from Forbes magazine and Forbes.com within

3834-465: The magazine was edited by James Michaels . In 1993, under Michaels, Forbes was a finalist for the National Magazine Award . In 2006, an investment group Elevation Partners that includes rock star Bono bought a minority interest in the company with a reorganization, through a new company, Forbes Media LLC, in which Forbes Magazine and Forbes.com, along with other media properties, is now

3905-488: The national business magazine category include Fortune and Bloomberg Businessweek . Published eight times a year, Forbes features articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine

3976-407: The new modern rhythm of life. From 1947, Rășinari was linked to Sibiu by an electric tram line which crossed Dumbrava Forest, but service became sporadic in the late 2000s and ceased entirely on 28 February 2011. Very limited operation that took place later – mainly only for visiting tourist groups – ended in 2012, followed in 2013 by the start of work to dismantle the line. It is hoped to reopen

4047-578: The newly restored Thalia Hall , a concert and theatre hall dating from 1787, situated along the old city fortifications. Weekly organ concerts are organised at the Evangelical Cathedral during summers, and thematic concerts are presented by the Faculty of Theology choir at the Orthodox Cathedral . The Sibiu International Theatre Festival is an annual festival of performing arts. Since 2016, it

4118-414: The previously highest population was recorded. As of the 2021 census data, 134,309 inhabitants live within the city limits, an 8.8% decrease from the figure recorded at the 2011 census. Today, most of the population is Romanian Orthodox. Protestants and Roman Catholics represent about 5% of the population. Sibiu is an important economic hub for Romania, with a high rate of foreign investments. It

4189-450: The publisher's 2012 earnings before interest, taxes, depreciation, and amortization was US$ 15 million. Forbes reportedly sought a price of US$ 400 million. In July 2014, the Forbes family bought out Elevation and then Hong Kong-based investment group Integrated Whale Media Investments purchased a 51 percent majority of the company. In 2017, Isaac Stone Fish, a senior fellow of

4260-471: The region's culinary heritage, multi-ethnic traditions and multi-cultural community. The designation of Sibiu as European Cultural Capital in 2007 was owed greatly to the excellent collaboration with Luxembourg (and to the noteworthy historical ties between the Transylvanian Saxon community and Luxembourg ), but also to what many regard as a miraculous social rebirth taking place in the town during

4331-433: The repackaging of public relations material as news. Forbes currently allows advertisers to publish blog posts on its website alongside regular editorial content through a program called BrandVoice, which accounts for more than 10 percent of its digital revenue. In July 2018 Forbes deleted an article by a contributor who argued that libraries should be closed, and Amazon should open bookstores in their place. As of 2019

SECTION 60

#1733086280994

4402-642: The rest Roma . However, at the 2002 census, the latter declared as Romanians, as they speak Romanian and not Romani . This caused the village to miss out on the opportunity to apply for European Union funds for Roma integration. There is one school from kindergarten to 4th grade; pupils who finish can go on through 8th grade in Răşinari. Sibiu Sibiu ( / s iː ˈ b j uː / see- BEW , pronounced [siˈbiw] , German: Hermannstadt [ˈhɛʁmanʃtat] , Latin : Cibinium , Transylvanian Saxon : Härmeschtat or Hermestatt , Hungarian : Nagyszeben [ˈnɒɟsɛbɛn] )

4473-465: The revenue growth was attributed to Forbes’ consumer business, which was up 83 percent year-over-year. CEO Mike Federle says that Forbes is built on an audience and business scale with 150 million consumers. In January 2010, Forbes reached an agreement to sell its headquarters building on Fifth Avenue in Manhattan to New York University ; terms of the deal were not publicly reported, but Forbes

4544-413: The slogan "Home Page for the World's Business Leaders" and claimed, in 2006, to be the world's most widely visited business web site. The 2009 Times report said that, while "one of the top five financial sites by traffic [throwing] off an estimated $ 70 million to $ 80 million a year in revenue, [it] never yielded the hoped-for public offering ". Forbes.com uses a contributor network in which

4615-682: The town, and a great number of tourists came, both domestic and foreign. The city of Sibiu and its surroundings are one of the most visited areas in Romania, as it holds one of the best preserved historical sites in the country, many of its medieval fortifications having been kept in excellent state. Its old center has begun the process for becoming a UNESCO World Heritage Site in 2004. Sibiu and its surrounding area have many significant museums, with 12+ institutions housing art collections, paintings, and exhibits in decorative arts, archeology, anthropology, history, industrial archeology and history of technology and natural sciences. The city also lies close to

4686-491: The website blocked internet users using ad blocking software from accessing articles, demanding that the website be put on the ad blocking software's whitelist before access was granted. Forbes argued that this is done because customers using ad blocking software do not contribute to the site's revenue. Malware attacks have been noted to occur from the Forbes site. Forbes won the 2020 Webby People's Voice Award for Business Blog/Website . In November 2019, Forbes launched

4757-478: Was dissolved and Sibiu became part of the Kingdom of Romania ; the majority of its population was still ethnically German (until 1941) and counted a large Romanian community as well as a smaller Hungarian one. Starting from the 1950s and until 1990, most of the town's ethnic Germans emigrated to West Germany and Austria . The trend continued to a moderate extent after 1990 as well to unified Germany . Nonetheless, among

4828-582: Was perhaps in the same location as Sibiu. The town was founded by Saxon ( German ) settlers brought there by King of Hungary and King of Croatia Géza II during the mid-late 12th century, as part of the Ostsiedlung . They came from territories of the Holy Roman Empire and Kingdom of France (nowadays parts of Germany, France and the Benelux countries) and arrived at around 1147. The first references to

4899-553: Was set up, where Christmas carols concerts are held. An ice skating rink and a children's workshop are also attractions which have been added in the following years. It was the first Christmas Market in Romania, but soon other Christmas markets emerged across the country. In 2013, the Sibiu Christmas market was included in the "15 Of the Most Beautiful Christmas Markets in Europe". In 2019, Sibiu planned to host

4970-600: Was the most important cultural and administrative centre of the Transylvanian Saxons . It is called Härmeschtat in their local dialect , which is close to Luxembourgish , from which it primarily descended during the Ostsiedlung . The name of the city derives from the Bulgar-Turkic name Sibin<Sebin<Säbin, meaning "rejoice". An archaic version of the Romanian name Sibiu is Sibiiu , while an obsolete folk name

5041-407: Was to continue to occupy the space under a five-year sale-leaseback arrangement. The company's headquarters moved to the Newport section of downtown Jersey City , New Jersey, in 2014. In November 2013, Forbes Media, which publishes Forbes magazine, was put up for sale. This was encouraged by minority shareholders Elevation Partners . Sale documents prepared by Deutsche Bank revealed that

#993006