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

07.21.2021

The Paval brothers, owners of DIY retailer Dedeman, are in talks to buy land from businessman Ion Tiriac next to where the new Ikea is set to be in Timisoara and could pay EUR15 million for it, market more

07.20.2021

Polish-held developer Scallier, which arrived in Romania via retail park chain FunShop Park last year, has acquired Prima Shops project built by Oasis Retail Development & Consulting in Timisoara. more

07.19.2021

The largest bicycle plant in Romania, developed by Sport Mechanical Workshop in Timisoara, will be completed this fall and assemble up to 1.5 million bicycles a year. The only customer of the facility more

06.15.2021

Porsche's local engineering division will be opening a second office in Romania, in Timisoara, after the one established in 2016 in Cluj-Napoca. more

06.08.2021

Dent Estet, MedLife group's dental services operator, has raised its stake in the DE 4 KIDS clinic in Timisoara to 100% from 52%. more

03.11.2021

Romanian Bega Group, owned by Marius and Emil Cristescu, opened the new ibis Timisoara City Center hotel at the beginning of March, following an investment of EUR10 million. more

02.17.2021

Private healthcare operator Gral Medical, the fifth largest on its market by turnover, has acquired the Labordiagostica medical laboratory in Timisoara, marking its first acquisition in western more

01.19.2021

Passenger traffic on the Timisoara International Airport declined by 70.5%, down to 470,631 passengers in 2020, compared with 1,595,012 passengers in 2019, the airport said in a statement Tuesday. more

10.08.2020

Continental Timisoara, the Romanian unit of German automotive parts supplier Continental, on Thursday said it will provide professional technological solutions for the ports of Hamburg in Germany and more

09.22.2020

Spanish developer Gran Via Real Estate has delivered over 2,000 apartments in Romania with the completion of the last stage of its Timisoara 58 project, an investment of EUR45 million, after ending more

08.06.2020

The European Commission has approved a direct grant of approximately RON4.8 million (around EUR1 million) to Timisoara Airport to compensate for the damage suffered due to the coronavirus outbreak. more

06.30.2020

Delivery service company Sameday Courier, owned by online retailer eMAG, has leased approximately 2,300 square meters within industrial park VGP Park Timisoara (western Romania), per real estate more

06.17.2020

FRI-EL Buildings, a real estate division of Italian renewable energy producer FRI-EL Green Power, will invest over EUR80 million in a residential project with 1,300 apartments in Timisoara, western more