WEST REGION
EVENTS
Steady economic growth
The dynamic features of the West Region economy comes from the density of the companies located here, which was of 23.3 businesses per 1,000 inhabitants in 2012. Although the value has suffered a decline from the next year - 29.9 active businesses per 1,000 inhabitants in 2011, in the context of economic crisis the indicator was above the national average throughout the period analyzed.
Source: National Institute of Statistics, "Statistical Yearbook of Romania", 2004-2013
In 2012, in West Region there were over 57 000 active companies, of which a significant percentage of 13.2% foreign direct investment which had a profit estimated at around 400 million euro.
Source: Firms list, 2012
The economic life of the region brings two areas to
the foreground: on the one hand, the economic centers of Arad and Timisoara
have secured themselves a relative economic diversity, and on the other hand,
the urban centers in the counties of Caras-Severin and Hunedoara, focused on
mono-industrial activities, which have become industry benchmarks due to the
intensive use of raw materials and related productive activities.
The West Region displays an intense and dynamic activity of international
trade, but there are wide variations from one county to another within the
region. Still, the average of the trade balance in the West Region shows that exports
have surpassed imports in 2013.
Source: NIS, (2014), Monthly Statistical Bulletin of West Region, March 2014
Source: NIS, (2014), Monthly Statistical Bulletin of West Region, March 2014
INFORMATION
In curand
ARTICLES
17/10/2018 / “Open4Business” Matchmaking Event, 4-6 October 2017, Pécs, Hungary
03/08/2017 / “Match4Industry Business Matching Event”, 6th ed., Matchmaking Event, 2-3 November 2017, Kocaeli, Turkey
31/07/2017 / “EU-China Business & Technology Cooperation Fair”, Conference and Matchmaking Event, October 24th - 31st 2017, Beijing, China
11/07/2017 / “Business Internationalization Forum”, Conference and Matchmaking Event, November 3rd 2017, East Sarajevo, Bosnia and Herzegovina
30/06/2017 /
STORIES
With clients as Bosch, Yazaki, and Siemens, Soplast is a plastic injection company delivering as second tier supplier in automotive industry. RDA West organized their first visit to Region West in...