Timișoara is the capital city of Timiș County, in western Romania. One of the largest Romanian cities, with a population of 303,708 inhabitants (the third most populous city in the country, as of 2011), and considered the informal capital city of the historical region of Banat, Timișoara is the main social, economic and cultural center in the western part of Romania.
Timișoara has been an important economic center since the 18th century when the Habsburg administration was installed. Due to Austrian colonization, ethnic and religious diversity and innovative laws, the economy began to develop. The technicians and craftsmen that settled in the city established guilds and helped develop the city’s economy. Notably, in 1717, Timișoara became host to the region’s first beer factory. During the Industrial Revolution, numerous modern innovations were introduced. It was the first city in the monarchy with street illumination, and the first city on mainland Europe illuminated by electric light. The Bega river was also channelled during this time. It was the first navigable canal on current Romanian territory. This way, Timișoara had contact with Europe, and even with the rest of the world through the Black Sea, leading to the local development of commercialism.
The city center largely consists of buildings from the Austro-Hungarian era. The old city consists of several historic areas. These are: Cetate (Belváros in Hungarian, Innere Stadt in German), Iosefin (Józsefváros, Josephstadt), Elisabetin (Erzsébetváros, Elisabethstadt), Fabric (Gyárváros, Fabrikstadt). Numerous bars, clubs and restaurants have opened in the old Baroque square (Unirii Square). The tallest building, when completed, will be the Tender Financial Center, at 180 meters tall. The tallest building currently is the Fructus Tower, at 65 meters. Another proposed building, the Timișoara High Tower, when completed, will have a height of 138 meters, but it is not scheduled to open until 2012.
