FOREIGN DIRECT INVESTMENTS IN WESTERN ROMANIA: ECONOMIC AND REGIONAL TRANSFORMATION IN TIMIȘ COUNTY

Andrea Feher, Cosmina Simona Toader, Iasmina Iosim, Raul Pascalau, Aisha Simbiat Hussaini, Ado Yakubu

Abstract


This paper explores the evolution and impact of foreign direct investments (FDIs) in Timiș County, a key component of the Western region of Romania. The objective of the study is to assess the contribution of FDIs to the sustainable economic development of the area. The research is grounded in the analysis of dynamic statistical indicators. Findings highlight a favourable investment climate in Timiș County, which ranks second nationally in terms of the number of foreign-capital companies (18,080) and third in total FDI inflows (5.2 billion euros) as of 2022. Timiș County represents an investment pole in the region, but also at the country level, having the largest influx of investments among the regional cities of the country, the highest entrepreneurial rate in the Western Region and a startup system in full development. The gross added value created at the county level shows a significantly higher growth rate compared to the aggregated levels of the region and country, of course, with the syncopes during the global economic crisis (2008-2010) and the COVID-19 crisis. Overall, the analysis confirms a direct and significant impact of foreign direct investments on the economic and social development of the county.

Keywords


capital inflows; Timiș county; economic development; regional growth; entrepreneurship

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Copyright (c) 2025 Andrea Feher, Cosmina Simona Toader, Iasmina Iosim, Raul Pascalau, Aisha Simbiat Hussaini, Ado Yakubu

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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
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Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
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