Timisoara is one of the largest Romanian cities and the third most populous city.
It is the main social, economic and cultural center in the western part of Romania
Key industries in Timisoara are Food processing, automotive, Logistics and Information Technology
14 Public Holidays and 21 paid Vacation days are provided to employees
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Talent Neuron City spotlight - Timisoara
1. Talent Neuron City Spotlight – Timisoara
(Executive Summary)
July 2013
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3. 1 Timisoara– Snapshot
2 Timisoara– Installed Talent Pool
3
Timisoara– Fresh Talent Pool
(Available in Full Report)
4
Timisoara– University
(Available in Full Report)
Topics Covered in the report
5
Timisoara– Ecosystem
(Available in Full Report)
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4. Zinnov 4Source : Talent Neuron research and Analysis, Investment agencies, News articles; Economist Intelligence Unit 2013
Timisoara - Snapshot
Is the Social, Economic and Cultural center in the western part of Romania
Timisoara Overview
City Population 303,708
Unemployment Rate (IT) 2.8%
Attrition Rate 10.0%
Working Days in a year 226 Days (1808
hours)
Political Risk Rating Score 40
EU Membership Status EU Member without
Schengen
• Timisoara is one of the largest Romanian cities and the
third most populous city.
• It is the main social, economic and cultural center in
the western part of Romania
• Key industries in Timisoara are Food processing,
automotive, Logistics and Information Technology
• 14 Public Holidays and 21 paid Vacation days are
provided to employees
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5. Zinnov 5
75% 76%
21% 21%
4% 3%
Fresher Experienced
Gross Salary Social Contribution Food Vouchers
Source : Talent Neuron, Country Statistics site, Industry Associations, University Websites, Industry Reports, Interview with Stakeholders and Job Portals
Timisoara
The city has an installed talent base of 6,900 professionals
Installed Talent Pool – Timisoara Total Compensation Break up per month
6,900
550
1,100
3,050
1,300 900
Total
Installed
Talent
Sofware Hardware IT Services BPO Technical
Support
Language Support
English/ German
Language
• Medium of instruction is majorly in
Romanian At West University of
Timisoara(UVT)'s Faculty of Mathematics
and Informatics several courses are taught
in English.
• German language proficiency is medium
Annual Salary
Increase
• Annual Salary increase is 11%
Note: Fresher corresponds to experience of 0 years; Experienced corresponds to an experience of 3 years
Social Security Contribution
Social Security fund • 20.8%
Health fund • 5.2%
Medical leave • 0.85%
Guarantee Fund • 0.25% of the salary fund
Unemployment fund • 0.5%
Work accidents, risk insurance
and occupational disease fund
• 0.15% to 0.85%
Euro - 1,122 Euro - 1,722
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