Timisoara | Romania Feed

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 sources say.

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.

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

German-held automotive component manufacturer Dräxlmaier will be investing EUR200 million at its factory in Timisoara (western Romania), over the next six years, to produce batteries for electric vehicles, Timisoara mayor Dominic Fritz said Monday.

German retailer Kaufland is opening its fifth hypermarket in Timisoara, western Romania, reaching a national network of 143 units.

Germany’s automotive wiring and electronic systems manufacturer Kromberg & Schubert has sold its plant in Timisoara to the Continental Group, local automotive industry sources say.

ATOSS Software, one of the largest software companies active in the western region of Romania, has leased 2,000 square meters of office space in the Vox Technology Park project in Timisoara, where it plans to relocate its team starting May.

Industrial park developer CTP, a top five European logistics property company and the largest logistics property owner-developer in Central and Eastern Europe, announces investments of EUR200 million by the end of 2021, in the construction of 300,000 square meters of warehouses in logistics parks in the cities and towns of Bucharest, Timisoara, Turda, Sibiu and Pitesti.

Last weekend marked the start of the Innovation Labs 2021 program with two online Hackathons, held in parallel – in Cluj and Timisoara. Within them, 23 teams based on technical innovations qualified for the 7-month mentoring program, organized by the Tech Lounge Association, Transylvania Institute of Technology Foundation, Calemis Association, EduHub and Cowork Timisoara with […]

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 Romania.

Retailer Profi, held by investment fund Mid Europa Partners, opened Thursday in western city of Timisoara, the first two pilot stores called ProfiGo, which combine the functionalities of a proximity store with those of a convenience store.