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University campus in the center of Timisoara will be completed in 2013
15/01/2010 / Ziua de Vest
The most modern university campus in Romania is expected to be ready in Timisoara until 2013. This project envisages the construction of student hostels (dormitories), pedestrian alleys, gyms, a swimming pool, laboratories, an underground parking and will cost around 36 million euro. One buil... details
Micro-companies will pay 16% corporation tax or flat tax
14/01/2010 / Renasterea
Micro-companies will be taxed in 2010 like any business, by levying a 16% tax on profit or the minimum tax, and the companies can no longer choose for a 3% income tax as in 2009. Because micro-companies will pay the same tax as other companies, the definition of micro-company can disappear fro... details
Finance new headquarters in Timisoara is almost ready
14/01/2010 / Agenda
Timisoara Finance will have new headquarters soon. Nowadays only the interior design is not realized and the first equipments are being installed. The construction work began more than ten years ago, on Gheorghe Lazar Street no 9B, situated in \"Timisoara 700\" Square. Here will operate not on... details
Continental company will divide its production activities into tires and automotive components activities
14/01/2010 / Ziarul Financiar
\"Continental\" company will divide in Romania this year its local production activities in two separate entities, so the rubber and automotive components will be divided into two distinct companies. According to \"Continental\"'s representatives, the same process was applied in Germany, Braz... details
Wipro Technologies expands in Timisoara, renting 4500 sqm in City Business Center
12/01/2010 / Ziua de Vest
The company \"Wipro Technologies Romania\", local branch of \"Wipro\" - one of the largest providers of outsourcing services and software worldwide business will start its activity in Timisoara in mid January 2010. Wipro has confirmed the lease of 4,500 sqm of office space in City Business Cen... details
New trams and buses in value of millions of euro
07/01/2010 / Glasul Aradului
The inhabitants of Arad city could travel soon with new trams because Arad Public Transport Company Park could be improved with new means of transport. The price of a new tram exceeds 2 million euro. Furthermore, the trams could be produced by a Romanian company from Arad - Astra Passenger ... details
Bicycle Track
07/01/2010 / AradOnline
Nădlac will have in 2010 a bike track, in length of 6 km. The feasibility study was done by a company from Sebiş, for which the City Hall paid 82,400 lei (VAT excluded). In April 2010 the City Hall will organize a tender for the company that will build the track. Only in Romanian. More info... details