Timisoara | Romania Feed

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.

IKEA Romania, one of the largest furniture and home décor retailers, part of Swedish IKEA Group, has opened on Thursday (June 8) its third store in Romania, in the locality of Dumbravita, near Timisoara (western Romania).

Swedish furniture and home décor retailer IKEA will be opening its third store in Romania, in western city of Timisoara, on June 8, 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, the local unit of Greek fashion group Folli Follie in a deal handled by Colliers.

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.

Adinish, one of the best-known local businesses focused on the sale of children’s items, plans to expand this year by opening stores in Timisoara and Iasi.

Belgian real estate developer Speedwell has contracted financing worth EUR24.3 million from BRD Groupe Societe Generale in order to construct two green residential buildings in Romania’s western city of Timisoara.

Porsche Engineering, a supplier of technological services and the local subsidiary entirely held by Porsche, has announced the opening of an office of over 2,000 square meters within the United Business Center building of Iulius Town, a project developed in the city of Timisoara by IULIUS Group and Atterbury Europe.

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 live in by facilitating their access to information related to savings, investment, or entrepreneurship.

MedLife, leader of Romania’s private healthcare market, has announced it completed the acquisition of an 80% stake in Medici’s, the largest healthcare provider in Timisoara, following competition authorities’ approval.