The former Solventul industrial platform in Romania's western city of Timisoara will be turned into residential area with integrated retail, office, service, and public amenities, following a partnership concluded between Nhood, an integrated real estate services and solutions company present in 10 European countries, including Romania, and Reuben Brothers, a leading international real estate investor.
The Coca-Cola System, which includes bottler Coca-Cola HBC Romania and Coca-Cola Romania, the owner of the brands, has invested RON5 million in a photovoltaic park in Timisoara, where one of the plants of the group is.
Treevi Pizza Al Taglio, a brand specializing in Roman-style artisanal pizza by the slice, part of Tom Hospitality group’s portfolio, continues nationwide expansion and opens a restaurant in Timisoara, in Iulius Town shopping center.
International hotel group Accor is expanding its Romanian portfolio with the opening of a new Novotel Hotel in Timisoara. This will be the first Novotel outside Bucharest and is due to open at the end of 2027.
Tesla is set to officially open in early May a new center in Timisoara, its second in Romania after the one launched in 2024 in Pipera.
Darcom Energy, a Romanian company operating in the renewable energy sector, is developing a photovoltaic laboratory and a micro-energy distribution network voltaic at the Polytechnic University Of Timisoara.
Gas and electricity provider E.ON Energie Romania, a subsidiary of German utility group E.ON, has recently completed the construction of a photovoltaic (PV) plant in the western city of Timisoara for Continental Automotive, the Romanian unit of German car parts supplier Continental Automotive.
Hidroelectrica (stock symbol: H2O), the largest electricity producer in Romania, has concluded a partnership with Politehnica University of Timisoara to support research, innovation and training of future generations of specialists in the field of hydropower and energy engineering.
Life Group, the brand under which dental clinics Life Dental Spa and VivoDental operate, has recently opened a kids’ dental center in Bucharest’s Dorobanti area and a clinic in Timisoara, in the wake of total investments worth above EUR1 million.
Sweden's Syntronic, a leading design house specializing in advanced product and systems development, production, and aftermarket services, has opened a site in Romania, in Timisoara, and the new entity is named Syntronic Production and Aftermarket Services.
Florin Lazarescu, founder of Trident stomatology clinics, with three units in Bucharest, wants to open the first clinic outside the capital city, in Timisoara.
International fashion retailer Primark will open a store in Iulius Town, the mixed-use complex developed by Iulius in Timisoara, on August 7.
German group ZF, which has plants in Roman, Oravita, Lupeni and Marghita, seeks to hire 400 engineers at the R&D services center of Timisoara.
Bucharest’s Emerald medical center, part of Sofmedica group, which opened a second clinic in Iasi last year, bets on new clinic in Timisoara, specialized in neurology, cardiology and oncology, according to the company’s officials.
Regina Maria network, the second largest player on Romania’s private healthcare market by turnover, has opened a medical center in Timisoara in the wake of a EUR8 million investment.
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 Timisoara, which will expand the total capacity of the school to 924 students.
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 city’s urban infrastructure.
Porsche Engineering, a wholly-owned subsidiary of Porsche and a technology service provider, has signed a cooperation agreement with Politehnica University of Timisoara.
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 opened a new qualification and validation lab in business center Vox Technology Park of Timisoara, in the wake of EUR13.1 million investments.
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 its second mixed-use project in the city.