Timisoara Attracts Real Estate Investments of Over EUR 100 Million

Timisoara confirms its growth potential through two major real estate projects and a large public investment program.

Two of the most powerful Romanian entrepreneurial groups have announced major real estate projects. The Ţiriac Group and Pavăl Holding are preparing investments that together exceed EUR 100 million, on a cumulative area of over 40 hectares.

The Ţiriac Group has already obtained authorizations for a mixed development in the Abator area, which will include housing, offices, commercial spaces, hotels and services. In parallel, Pavăl Holding received the PUZ for a 36-hectare industrial and logistics park in the northern part of the city.

These private investments come to complement an ambitious public investment program: Timisoara City Hall has allocated EUR 270 million for development in 2025, and the County Council is contributing another EUR 100 million. In addition, the A9 motorway, worth EUR 3 billion, which will connect Timisoara with the Serbian border, is in the tender process.

Source: zf.ro