11.28.2023

Ovidiu Sandor, founder of Mulberry Development, the developer of the mixed-use project ISHO, and of the Art Encounters Foundation, has inaugurated a new building in the British International School in more

11.20.2023

Primark, the international fashion retailer, has announced plans to open a third store in Romania, located in the Iulius Town complex, in Romania's western city of Timisoara. more

11.20.2023

The European Bank for Reconstruction and Development (EBRD) is providing an additional EUR15 million in financing to the city of Timisoara to co-finance, alongside the European Union (EU), the more

11.09.2023

Porsche Engineering, a wholly-owned subsidiary of Porsche and a technology service provider, has signed a cooperation agreement with Politehnica University of Timisoara. more

10.04.2023

Vitesco Technologies, a leading company in the field of modern powertrain technologies and electrification solutions and a spin-off of the Continental Group and former Continental Powertrain, has more

08.22.2023

Timisoara-based lighting fixtures and systems manufacturer Elba for 2022 reported turnover worth RON289.5 million (EUR58.7 million), up around 14% from the previous year, in line with ZF calculations more

06.14.2023

SIF Oltenia (SIF5.RO) has announced in a stock market report on Wednesday (June 14) that it will organize a new round of public auction on June 21, 2023 in order to sell a package of 39,628 shares more

06.14.2023

Speedwell, one of the most active real estate developers on the local market, has purchased a new plot of land in the city of Timisoara (western Romania), where it aims to start the construction of more

05.09.2023

MedCity, a developer of buildings for the healthcare field part of SofMedica group specialized in medical equipment wholesale, has bought an over 1,000-sqm building in Timisoara from FF Group Romania, more

04.03.2023

Romania’s national grid company Transelectrica (TEL.RO) continues to support the academic environment across Romania with initiatives aimed at facilitating students' learning process and providing more

03.21.2023

SomProduct, a local furniture and home décor retailer, is opening a showroom in ISHO project of Timisoara, developed by Mulbery Development, where it leased 1,100 square meters. more

03.15.2023

Timisoara is becoming a weekend destination now that it is European capital of culture this year, and organizes events on weekends, which is a big plus for tourism, says entrepreneur Marius Cristescu, more

03.09.2023

Piping Logistics, a Belgian producer of ventilation system components, is working to open, in the third quarter of 2023, a plant near Timisoara, with investments set to reach EUR3 million. more

02.10.2023

German-held Hays Technology Solutions, specialized in tech solutions developments, has opened its second office in Romania: a research-development center in Timisoara, where it plans to hire over 70 more

02.01.2023

Swedish furniture and home décor retailer IKEA has started the recruiting process for the more than 250 employees of the future store of Timisoara, which the company is set to open this summer. more

11.11.2022

The Bucharest Stock Exchange signed a cooperation agreement with the West University of Timisoara today, which aims to anchor future generations of students and graduates in the economic reality we more

07.15.2022

Timisoara-based lighting fixtures and systems manufacturer Elba, which supplies headlights for Dacia-Renault and Skoda, ended 2021 with a turnover of RON253.5 million (EUR51.5 million), up 25.7% more

04.27.2022

Switzerland’s Artemis, which owns five industrial parks near Timisoara, is set to deliver in May the third building it developed in Sanandrei Industrial Park. more

11.25.2021

Germany’s Corratec group will start manufacturing bicycles in Timisoara in 2022, where it wants to employ 300 people within two years. The group will assemble 300,000 vehicles a year here. more

11.23.2021

The number of housing units sold in Romania in the first 10 months of 2021 was 65% higher than the year-earlier level, but they were not also delivered. more

09.23.2021

Bega Turism, the biggest tourism company in Timis county, controlled by Cristescu brothers, plans to invest EUR8 million in a new hotel in Timisoara, according to the company’s officials. more

08.09.2021

Cluj and Timisoara airports saw growth of up to 130% in traffic in July compared with the year-ago month, partly because of the higher number of charter flights, which accounted for 16% of the total more

08.04.2021

Turkish-held Karsan Otomotiv Sanayi Ve Ticaret A.S. signed a contract worth RON136.4 million (EUR27.3 million), VAT not included, with Timisoara city hall for the delivery of 44 KRS 18 EV electric more

08.03.2021

Sweden’s IKEA says the development of the store it is building near Timisoara will take 12 months, with variations depending on field work conditions. more

08.02.2021

German automotive group Continental has appointed French Matthieu Turlure to the position of director of its tire factory in Timisoara (western Romania). more