Arad
Arad is the capital city of Arad County, in western Romania, in Crişana, Ardeal.
It is situated on the right bank of the river Mureş, and consists of the inner city and five suburbs. Arad is a modern-built city, and contains many handsome private and public buildings, including a cathedral. It is the seat of a Romanian Orthodox bishop, and features a Romanian Orthodox theological seminary, two training schools for teachers (a Romanian one and a Hungarian one), and a music conservatory.
With a rich industrial and commercial tradition, Arad is one of the most prosperous towns in Romania. Thanks to numerous investments Arad has a booming economy.
The main industries are: freight and passenger railcars, clothing and textiles, food industry, furniture and accessories for furniture, equipment for the car industry, electric components, meters, shoes industry.
More
than 150 companies have relocated
here in recent years, attracted by
cheap labour. This has pushed shortterm
unemployment down to almost
nil, but pushed property prices up
each year.
Arad has become the main gateway
into and out of Romania from the
EU. Businesses are relocating to
this dynamic and rapidly expanding
manufacturing city, attracted by cheap
labour and the advantages of the Free
Zone.
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