Timisoara Team

About Timisoara

Timisoara is the main social, economic and cultural center in western Romania. The third most populous city in the country, with about 320,000 inhabitants, Timisoara is the informal capital city of the historical region of Banat. In September 2016, Timisoara was selected as the European Capital of Culture for 2021. Its United Business Center 0 is part of the mixed use urban regeneration project Openville and with a height of 155 metres the tallest building in Romania.

The economy of Timisoara has historic tradition in manufacturing, commerce, transport, education, communications, and tourism. It has been an important economic center since the 18th century when the Habsburg administration was installed. In 1717, Timisoara became host to the first beer factory in Banat.

During the Industrial Revolution, numerous modern innovations were introduced. It was the first city in Austria-Hungary with street lighting, and the first city in 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.

Timisoara was the first city in the country with international routes economic boom as the amount of foreign investment, especially in high-tech sectors, has risen. In late 2005, French magazine L´Expansion called Timisoara Romania´s economic showcase, and referred to the increased number of foreign investments as a "second revolution". In 2016, Timisoara was awarded by Forbes as the most dynamic city and the best city for business in Romania.
For more information please contact: timisoara[at]

Horatiu Moldovan
Horatiu MoldovanHead of the operational team
He is the president of LASTING GROUP, one of the largest IT companies in the country with a 100% Romanian shareholding. Since 2002, Horatiu is lecturer at the Faculty of Automation and Computer Science of the Politehnica University of Timisoara and has published numerous scientific papers, course documents and manuals. Since 2011, he is the Co-ordinator of the ICT Department and Start-up Business Development Commission in the West Romania region. Horatiu graduated from the Politehnica University of Timisoara in 1986 and holds a doctorate in engineering.

About Us

V CombinatorTM is a virtual group of globally operating incubators and accelerators with the aim of growing and internationalizing start-ups in order to help solving global challenges.

V CombinatorTM is based in Vienna, host to many international organizations, including the United Nations.

V CombinatorTM creates viable business models in a complex and ever-changing environment.