Western Region of Romania

socinro steagul romaniei

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Romania, in southeast Europe, is mountainous in the north while the main feature in the south is the vast Danube valley. The river forms a delta as it approaches the Black Sea, which is a wildlife reserve for countless native and migratory birds.

The Romanian parliament consists of two chambers, the Senat (Senate), which has 140 members, and the Camera Deputaţilor (Chamber of Deputies), which has 345 members. The members of both chambers are chosen in elections held every four years.

Ethnically, the population is 90% Romanian and 7% Hungarian. The Romanian language, like a number of others in southern Europe, is directly descended from Latin, although Romania is separated from other Romance language countries by Slav speakers.

Romania has considerable natural resources – oil, natural gas, coal, iron, copper and bauxite. Metal-working, petrochemicals and mechanical engineering are the main industries.

physical-map-of-Romania

Romanian specialities include grilled meatballs, pork stew with garlic and onions and donuts made with cream and cheese. The spine-chilling tale of Dracula is based on the 15th century Romanian Count Vlad Dracul whose son was famous in wartime for impaling captured enemies.

Well-known Romanians include the writer Eugene Ionesco, the gymnast Nadia Comaneci and the composer George Enesco.

Official name: Romania

Area (km2): 237 500

Population: 19.94 million (2014, Jan.)

Capital: Bucharest

National holiday: 01 December

Currency: Romanian Leu

Date of joining European Union: 01 January 2007

Head of state: Klaus Iohannis, since 21 December 2014

Head of government: Prime Minister  Daniel Ciolos,  since nov 2015

GDP (mil. €): 142,245 (2014, Dec.)

GDP per capita in PPS: € 14,500 (2014, Dec.)

Real GDP growth rate (percentage change on previous year): 3.4% (2014, Dec.) Unemployment rate: 6.5% (2014, Nov.)

Public debt (mil. €): 37.9 (2013)

Development regions of Romania

The development regions of Romania refer to the eight regional divisions created in Romania in 1998 in order to better coordinate regional development as Romania progressed towards accession to the European Union. The development regions correspond to NUTS II-level divisions in European Union member states.

romania

Western Region

The West Region is considered to be a growing region, with macroeconomic results above the national average. The GDP/inhabitant ratio has been above the national average each year, usually second only after the Bucharest-Ilfov Region. The GDP of West Region is 50.5% of the EU average.

West Region attained a total turnover of 65 975 mil lei in 2009, a significant percentage being held by the SMEs with a turnover of over 29 359 mil lei (approx 6827 mil Euro), indicating a strong entrepreneurial spirit capable of capitalizing the opportunities offered by the foreign investments in the region.

Another significant part in the structural transformation of West Region was played by the foreign investors that encountered, on this emerging market, mentalities and attitudes similar to those on the more mature Western European markets.

Timisoara 

timisoara_piatavictoriei

Timisoara is the most important city in the western part of Romania. It has  440,000 inhabitants including the metropolitan area and is located at a distance of 550 km from Bucharest, 170 km from Belgrade and 300 km from Budapest. Plains make up most of the landscape, the climate is continental, and the city is crossed by the Bega river channel. Today, Timişoara is a powerful international cultural center, having three theaters ( Romanian, German, Hungarian ), an opera, a philharmonic, several universities, two cultural centers (German and French),  4 general consulates (German, Italian, Serbian, Austrian), museums, schools that teach in English and German and so on. The city has an airport and is linked to highways in western Europe. After the Revolution, many multinational companies have opened various branches here, the most important being  Procter&Gamble,  Coca-Cola, Kromberg&Schubert, Contitech, Continental Automotive Products, Linde Gaz, Hella, Real, Selgros, Kaufland, Billa, Praktiker, Alcatel, Draxelmaier, Delphi Packard,  TRW, Mahle and many more.

Contact persons in Timisoara:

Goldis Dan Constantin, 60, higher education graduate, President of  ” The Association for integrating Romanian citizens into the EU – SOCINRO, can provide useful information or mediate various services in the following fields:

 spot guidance for foreign entrepreneurs (introduction to Timisoara officials, businessmen, notaries, law firms, convenient accommodation, leisure);

– translation services in all European languages​​, interpretation;

– introduction to legal entities specializing in start-ups by natural or legal persons, joint venture, “due diligence” services;

 

 

 

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