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NEWS Last modified on November 12, 2014

EU to invest in studies to develop Timisoara in Romania

The European Union has revealed that is to invest in studies on Timisoara International Airport development in Romania.

The EU's TEN-T Programme will co-fund with €1 million studies for the construction of an intermodal terminal with the aim to “promote the integration of freight transport within the air, rail and road TEN-T network”.

This project covers a feasibility study as well as technical, economic and environmental studies that will form the basis for the terminal's design and construction.

Once completed, it is expected to contribute to the intermodal growth of freight transport, thus promoting the overall economic development of the region.

The project was selected for EU funding with the assistance of external experts under the TEN-T Annual Call 2013, priority 'Multimodal transport'.

Its implementation will be monitored by INEA, the European Commission's Innovation and Networks Executive Agency, and the project is set to be completed by the end of 2015.

Last year, Timisoara International Airport, which is located in the historical region of Banat, handled 757,000 passengers, which was a drop of 36.3% on 2012.

It is the third largest Romanian airport in terms of air traffic, and the main air transportatiom hub for the western part of Romania.

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