Prime City Participants

Arad Prime Business Destination

Category: Mid – Sized cities

arad-1

Prime city

 

Europe Business Assembly was proud to induct Arad into the Prime Business Destination programme. Arad was introduced at the London ' Achievements Forum' 21st April 2015.

arad-2
Arad is the capital city of Arad County, historically situated in the regions of Crişana, and having recently extended on the left bank of the Mureș river, in Banat region of western Romania.

arad-3
An important industrial center and transportation hub on the Mureș River. The city has a population of 159,704, making it the 12th largest city in Romania. Arad is the third largest city in the western part of the country, behind Timișoara and Oradea.

arad-4
At the London forum Mr. Gheorghe Falca, mayor of Arad presented the city’s developments and investment opportunities. After this Arad was presented the Flag and certificate of investment attractiveness.

To symbolise future cooperation and promotion of city and regions investment potential memorandums were signed


About city

 

herb arad

www.primariaarad.ro

 


Arad is the capital city of Arad County, historically situated in the regions of Crişana, and having recently extended on the left bank of the Mureș river, in Banat region of western Romania.
arad-5An important industrial center and transportation hub on the Mureș River, Arad is also the seat of a Romanian Orthodox archbishop and features two universities, a Romanian Orthodox theological seminary and a training school for teachers. It had one of the first music conservatories in Europe. The city has a population of 159,704, making it the 12th largest city in Romania. Arad is the third largest city in the western part of the country, behind Timișoara and Oradea.
Arad was first mentioned in documents in the 11th century. The Mongol invasion of the Kingdom of Hungary in 1241 showed the importance of the fortifications on this place, to which were added in the second half of the 13th century more stone fortresses at Șoimoș, Șiria, and Dezna. The Ottoman Empire conquered the region from Hungary in 1551 and kept it until the Peace of Karlowitz of 1699. Arad became aneyalet center, which comprised the sanjaks of Arad, Lugoj, Kacaș, Beşlek and Yanova from 1660 till 1697, when it was captured by Austrians during Ottoman-Habsburg wars (1683–1699). After 1699, the city was ruled by the Habsburg Monarchy. According to 1720 data, the population of the city was composed of 177 Romanian families, 162 Serbian, and 35 Hungarian.
The first Jew allowed to settle inside the city was Isac Elias in 1717. Eventually the Jewish population of Arad numbered over 10,000 people, more than 10% of the population, before the Second World War.
The new fortress was built between 1763 and 1783. Although it was small, it proved formidable having played a great role in the Hungarian struggle for independence in 1849. The city possesses a museum containing relics of this war of independence.
Bravely defended by the Austrian general Berger until the end of July 1849, it was captured by the Hungarian rebels, who made it their headquarters during the latter part of the Hungarian Revolution of 1848. It was from Arad that Lajos Kossuth issued his famous proclamation (11 August 1849), and where he handed over the supreme military and civil power to Artúr Görgey.
The fortress was recaptured shortly after the surrender at Világos (now Şiria, Romania), with the surrender of general Artúr Görgey to the Russians. It became an ammunition depot. Thirteen rebel generals were executed there on 6 October 1849, by order of the Austrian general Julius Jacob von Haynau. These men are known collectively as the 13 Martyrs of Arad, and since then Arad is considered the "Hungarian Golgotha". One of the public squares contains a martyrs' monument, erected in their memory. It consists of a colossal figure of Hungary, with four allegorical groups, and medallions of the executed generals.
Arad enjoyed great economic development in the 19th century. In 1834 it was declared a "free royal town" by Emperor Francis I of Austria.
Aradu Nou / Neu Arad / Újarad ("New Arad"), situated on the opposite bank of the Mureș river, is a neighborhood of Arad, to which it is connected by the Trajan bridge. It was founded during the Turkish wars of the 17th century. The works erected by the Turks for the capture of the fortress of Arad formed the nucleus of the new settlement.

Economy and Investments

Motto:
“The more investors, the more businesses and new jobs”

OFFER FOR INVESTORS
Arad - economic milestones
The city of Arad has an old industrial tradition dating back in the manufacturing production of the 17th – 18th centuries.
Agrowing development was noted in the first half of 19th century, starting with the development of the capitalist relations of production.
- Alcohol and Yeast Factory (1851) - first factory in the town
- Steam Mill (1859)
- Explosives Factory (1865)
- Gas-making Plant (1896)
- Furniture Manufacturing Plant (1890)
- Cars and Railway Carriage Factory (1892)
- Textile Factory (1909)
- Knitting Factory (1918)
- Cotton Factory
- Sugar Factory (1926)
After 1948, industrial development made great strides, modernising its technology and creating new industries:
- Lathe Machines Factory
- Garment Factory
- Clocks Factory
- Chemical Plant
- Fittings Factory

For investments exceeding 5 mil. EUR
the Municipality of Arad provides the following utilities
(after receiving the Technical Design from the investors):

Natural Gas

For a station of 225 m3 = 22,000 EUR
For a station of 10.000 m3 = 110,000 EUR

1 m of pipe ø 250 mm – buried in asphalt = 110 EUR
1 m pipe ø 250 mm - buried in soil = 67 EUR


Electricity

For a station of max 9 MW and a distance of 2,5 km to the substation = 20,000 EUR / substation
For a consumption higher than 9 MW a new substation is needed = 80,000 EUR / substation

Water supply

1 m polyethylene pipe ø ND 250 – 400 mm = 60 – 88 EUR
1 m GRP-UP tube ø ND 500 - 600 mm pafsin = 250 - 270 EUR

Sewerage

1 m PVC pipe ø ND 250 – 600 mm = 150 – 250 EUR
Pumping station (if needed, depending on the capacity) = 30,000 – 100,000 EUR / station


For investments exceeding 5 mil. EUR the Municipality of Arad offers the following property tax exemptions:

Year 0 – Year 5 0.75 %
Year 6 – Year10 1 %
after Year 10 1.5 %

Government Decision 807 / 17.09.2014
establishes a state aid scheme for stimulating investments that have a major impact on economy

- total budget - 600 mil. EUR
- annual budget - 100 mil. EUR

- period: 2015 – 2023