Timisoara
Workforce Availability7/10
Infrastructure Score8/10
Cost Competitiveness7/10
Business Environment8/10
Investment Overview
Timisoara is a major western Romanian industrial and technology hub close to Hungary and Serbia.
Municipality Details
Municipality Websitehttps://www.primariatm.ro
Investor Officehttps://www.primariatm.ro/invest
Investment ContactInvestment Promotion Office
Investment Contact Information+40 256 408 300
Talent & Demographics
Labor Force152,000
Unemployment Rate3.9%
Average Age41.2
University Graduates38,000
Vocational Graduates26,000
Higher Education Share37%
Secondary Education ShareN/A
Primary or Lower Education ShareN/A
Connectivity
Nearest AirportTraian Vuia International Airport
Airport Distance12 km
Closest Capital CitiesBelgrade 150 km; Budapest 315 km; Bucharest 550 km
Transport LinksAirport, rail, motorway, border access
- NO Highway Access
- NO Rail Connection
- NO Port Access
Utilities & Digital Infrastructure
Electricity Reliability99.5%
Broadband Coverage97%
Avg. Internet Speed84 Mbps
Utility OperatorsEnel, water utility, telecom operators
- YES Industrial Water Supply
- YES Natural Gas Access
Costs & Business Environment
Avg. Industrial Rent€4.0/m²/mo
Avg. Office Rent€10/m²/mo
Avg. Gross Wage€1200/mo
Corporate Tax Rate16%
Electricity Cost€0.15/kWh
Investment & Economy
Foreign Direct InvestmentN/A
FDI per CapitaN/A
Gross Value AddedN/A
GVA per CapitaN/A
Real Estate & Zoning
Industrial Zones7
Available Land300 hectares
Avg. Land Price€52/m²
Business ParksYES
- YES Greenfield Sites
- YES Brownfield Sites
Quality of Life
Hospitals9
Universities4
International Schools4
Air Quality Index75
Green Space per Capita29 m²
Local Government Capacity
Avg. Permit Time30 days
Response Time2 days
- YES Investor Office
- YES English Support
- YES Incentives Available