The investment attractiveness of the romanian city of Timișoara
Elżbieta Litwińska
Abstract
After the collapse of socialism in the Central and Eastern Europe economists and international institutions suggested that the key role in the transformation from the planned economy to the market economy should be played by Foreign Direct Investments (FDI). The purpose of this article is presentation of the role of FDI in the Romanian city of Timișoara. The city is the second most attractive to FDIs in Romania. Timișoara lies in the western part of the country. It belongs to the fastest developing cities in Romania. Local authorities have managed to attract many investors, mainly from Italy and Germany. They were attracted first of all by proximity to the Western Europe, low labour costs, highly qualified human resources, a large number of students and political stabilization. The inhabitants of this region are characterized by entrepreneurship and openness. Example of Timișoara also shows that the cultural affnity and the common heritage play a positive role in attracting investments.
Keywords:
Timișoara, Romania, investment attractivenessReferences
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Egresi I.O., 2010, Foreign direct investment in Romania. A geographicalperspective, VDM Verlag Dr. Muller, Saarbrucken.
Footwear clustering efforts in Montebelluna and Timisoara http://www.euc2c.com/graphics/en/pdfs/mod9/Case,%20Footwear%20Italy%20and%20Romania%20vF.pdf (dostęp 20 maja 2013).
Nadolu B., Din ca M., Luches D., 2010, Urban shrinkage in Timisoara, Romania, Shrink Smart, 7th Framework Program, Research Report.
Pavlinek P., 2004, Regional derelopment implications offoreign direct investment in Central Europę, „European Urban and Regional Studies” vol. 11, No. 1, s. 47-70.
Popa N., Veschambre V., 2008, Economic development and urban regeneration in Romania: the example of Timisoara city, „Romanian Review on Political Geography” 2(10), s. 40-53.
Ptaćek P., 2009, The role offoreign direct investments (FD1) in establishing knowledge economy in the Czech Republic: the case of knowledge-intensive business services, „Prace Komisji Geografii Przemysłu” nr 14, s. 22-30.
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Smith A., Timar J., 2010, Uneven transformations: Space, economy and society 20 years after the collapse of State socialism, „European Urban and Regional Studies” 17, s. 115-125.
Stryjakiewicz T., 2008, Rozwój sektora kreatywnego w regionach metropolitalnych, [w:] Region społeczno-ekonomiczny i rozwój regionalny, red. J.J. Parysek, T. Stryjakiewicz, Bogucki Wydaw. Naukowe, Poznań, s. 105-120.
Tattara G., Constantin E, de Giusti G„ 2009, Strategies ofltalianfirms in Romania. Evidencefrom selectedcase studies, http://mpra.ub.uni-muenchen.de/17765/ (dostęp 20 maja 2013).
Wdowicka M„ 2011, Atrakcyjność inwestycyjna przestrzeni miejskiej w dobie globalizacji gospodarki, [w:] Przekształcenia regionalnych struktur funkcjonalno-przestrzennych, t. 2, Zmiany funkcjonalno-przestrzenne miast i obszarów wiejskich, red. B. Namyślak, Wrocław, s. 53-63.
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http://www.bnro.ro/Foreign-direct-investment-(FDI)-in-Romania-3213.aspx (dostęp 20 maja 2013).
http://www.wseas.us/e-library/conferences/2009/timisoara/SSE2/SSE2-17.pdf (dostęp 20 maja 2013).
Litwińska, E. (2020). The investment attractiveness of the romanian city of Timișoara. Studia Miejskie, 13, 59–70. Retrieved from https://czasopisma.uni.opole.pl/index.php/sm/article/view/2764
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