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In recent years, Timişoara has enjoyed a significant economic boom as the number of foreign investments, especially in high-tech sectors, has risen constantly. It is frequently considered the second most prosperous city in Romania (following Bucharest) and there have been frequent debates on whether the so-called "Timişoara Model" could be applied to other cities. In an article in late 2005, French magazine L'Expansion called Timişoara Romania's economic showcase, and referred to the increased number of foreign investments as a "second revolution". |
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Timişoara's public transport network consists of 11 tram lines, 9 trolleybus lines and 15 bus lines, and is operated by Regia Autonomă de Transport Timişoara (RATT) [1], an autonomous corporation of the City Hall. The city is served by Romania's second busiest airport, Traian Vuia International Airport, which is the hub of the Romania's second-largest airline, Carpatair. The city is connected to a series of major European and domestic destinations. Timişoara is a major railway centre and is connected to all other major Romanian cities, as well as local destinations, through the national Căile Ferate Române network. |
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