5 reasons to invest in West Region Romania

1. Significant potential for increased productivity mostly generated by own products of the companies in the region.
   
   
2. Strategic location for possible regional headquarters in Central and South East Europe for multinational companies.
   
   
3. Labour force available on all levels of training and differentiated costs depending on the location of the investment.
   
   
4. Continuously expanding portofolio of business locations.
   
   
5. Ethnical and linguistical diversity
   
   

1. ECONOMY

• 15 % higher estimated gross domestic product in 2010 compared to the Romanian average;
  
  
• More than 200 direct investments already located in the region;
  
  
• More than 80 % of the regions companies are SME's;
  
  
• The presence of at least two economical sectors that are continuously growing: automotive and ICT and sectors with potential for growth: tourism and agri-food.

2. LOCATION

• Strategic geographical location : proximity to the main european markets Viena - 550 km, Berlin 1.000 km, Amsterdam 1.700 km and potential distribution point for Asia, Rusia and the Middle East;
  
  
• The existance of the two international airports : Timisoara with a traffic of more than 2.700 passengers/day and Arad with cargo air transport facilities;

• The region is being transited by the TEN-T 4, 7 corridors, part of which is the M5 highway with the Szeged-Nădlac-Arad-Timişoara section to be operational by 2011;

• Well developed infrastructure and expanding logistical facilities.
  

3. HUMAN RESOURCES

• Work legislation that allows the granting of facilities for investors regarding taxation and employment;
  
  
• Available and well trained work force : 12.500 graduates in technical education in 2007, facilities for life long specialization of the work force;
  
  
• 14 universities in all major cities of the West Region, numbering 13.000 graduates in 2007;

• Mobility and flexibility of the work force and a work oriented mentality.
  

4. BUSINESS SUPPORT SERVICES

• West RDA - one-stop-shop for investors, offering an integrated package of pre and post localization services;
  
  
• Portofolio of locations for investments on the entire territory of West Region, numbering over 70 individual locations and industrial parks like : Arad industrial area, Hunedoara industrial park, Timişoara industrial and tehnology park, Valea Ţerovei industrial park;
  
  
• First Romanian automotive cluster that offers local supplier development services;

• First Romanian Regional Center for Innovation and Technology Transfer, Tehimpuls, that offers research and innovation solutions for companies;

• The presence in the region of prestigiuos international consulting companies like : Deloitte, PricewaterhouseCoopers, KPMG.
  

5. QUALITY OF LIFE

• Multi cultural tradition and primary and secundary education in foreign languages;
  
  
• Urban environment that offers varied leisure posibilities;

• High turistic potential (Româneşti cave, Arad, Deva and Timişoara citadel, Prislop monastary, Corvin castle, Huniade castle;

• The existence of important natural protected areas (Portile de Fier natural park, Bazos dendrologic park, Satchinez swamps);

• Important natural resources.