NUTS-3 RO415 · Romania
Population
340,2362025
GDP
€4,872M2024
Unemployment· NUTS-2 source
6.9%2025
Employment· NUTS-2 source
61.7%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
5,771.4 km²
TerraSight · Compare
2 regions side-by-side
RO415 · EL612
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Λάρισα (Opportunity 31). Runner-up: Vâlcea (28). Contrarian pick: Vâlcea — leads the set on Cost advantage (EU pctl 97).
#1Λάρισα
Strengths
Cost advantage (86) · Freight intensity (77)
Red flags
Labour market (EU bottom 15%)
Connectivity (EU bottom 15%)
Governance (EU bottom 15%)
Air quality (EU bottom 15%)
#2Vâlcea
Strengths
Cost advantage (97) · Energy cost (52)
Red flags
Demographic outlook (EU bottom 15%)
Labour market (EU bottom 15%)
Talent & skills (EU bottom 15%)
Freight intensity (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Λάρισα
Labour market (EU bottom 15%); Connectivity (EU bottom 15%); Governance (EU bottom 15%); Air quality (EU bottom 15%). Its weakest dimension is Air quality (EU pctl 1) — Vâlcea may suit a mandate that weights that higher.
How robust is this recommendation?
Λάρισα leads under all four archetype mandates — the recommendation is weight-stable.
Phase-2 diligence checklist
- Site-level grid connection capacity and power pricing (beyond country-grain energy data)
- Local incentives, tax regimes and permitting timelines
- Workforce depth for your specific roles (the talent pillar is a proxy)
- Real-estate availability, rents and land — public pan-EU data stops at the Nordics
This is a mandate-neutral read. To weight the pillars to your thesis, run these regions through the Site Screener — it ranks all 1,211 regions under your weights and exports the full PDF. First-pass macro screening, not investment advice.
Composite intelligence · 0–100 EU-percentile scores
Opportunity Indexscale + growth + access + structure
28.2
31.3
Resilience Indexdiversification, stability, buffers
40.0
34.8
Quality of Lifeprosperity, health, safety, environment
21.7
25.5
Clean AirPM2.5 / PM10 / NO₂ inverted
—
0.5
Connectivitytransit + air + market access
21.3
8.3
Talent & Human Capitalskills, learning, knowledge workers
10.5
21.8
Growth Momentumrecent GDP / employment trajectory
43.0
59.8
Trajectories · 2012–latest
Real GDP (2020 prices)
1.4% 5y
3.8% 5y
Population
0.5% 5y
0.6% 5y
Unemployment rate
6.3% 5y
17.8% 5y
Derived comparisons
GDP per capita
€14,318
€19,256
Population density
59 /km²
49 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 87 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€4,414M
€4,470M
GVA — agriculture, forestry & fishing (A)
€180M
€788M
GVA — industry (B–E)
€1,068M
€853M
GVA — manufacturing (C)
€705M
€673M
GVA — construction (F)
€425M
€150M
GVA — wholesale/retail, transport, ICT (G–J)
€1,259M
€604M
Net disposable household income per capita (NUTS-2 source) ·N2
€7,500
€11,700
GDP per capita in PPS (purchasing-power adjusted)
23,700 PPS
23,000 PPS
GDP per capita (current prices, EUR)
€14,300
€18,600
Gross fixed capital formation — investment (total economy) ·N2
€4,369M
€2,244M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€531M
€354M
Compensation of employees (total wage bill) ·N2
€8,535M
€4,089M
GVA — real estate activities (L)
€397M
€581M
GVA — information & communication (J)
€34M
€39M
GVA — finance, real estate & professional (K–N)
€684M
€864M
GVA — public admin, health & education (O–U)
€798M
€1,211M
Real GDP (constant 2020 prices, incl. short-term forecast)
€2,953M
€4,691M
Labour productivity per person employed (EUR)
€34,341
€39,607
Gross fixed capital formation, NUTS-3 (ARDECO)
€907M
€1,183M
Labour market
Employment, total persons
157,920
140,970
Self-employed persons
49,110
49,770
Employment in manufacturing (C)
23,360
13,410
Activity rate, 15–64 (NUTS-2 source) ·N2
60.8%
65.7%
Youth unemployment rate (15–24) ·N2
32.8%
16.0%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
6.8%
6.3%
Labour force aged 15+ (ARDECO)
130,000
116,800
Business demography
Active enterprises (business economy, all sizes)
15,049
20,180
Enterprise births
1,645
1,565
Enterprise deaths
952
748
3-year enterprise survival rate
5.7%
5.0%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.2%
1.1%
Employment in high-tech sectors (% of total) ·N2
1.9%
1.1%
R&D personnel (% of active population, FTE) ·N2
0.1%
1.1%
Education
Tertiary education attainment, age 25–64 ·N2
16.8%
31.4%
Tertiary attainment, age 25–34 (young talent pool) ·N2
20.4%
37.9%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
3.0%
5.3%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
15.3%
17.9%
Scientists & engineers (% of labour force) ·N2
7.5%
6.9%
Digital
Households with internet access ·N2
95.3%
—
Tourism
Nights spent at tourist accommodation (total)
1,436,997
390,071
Mobility
Passenger cars per 1,000 inhabitants ·N2
428 /1k
395 /1k
Road freight loaded (annual, thousand tonnes)
3,816 kt
11,235 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
66
2
Motorway density (km per 1,000 km²) ·N2
0 km/1000km²
17 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
19
1
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
82
102
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
2
0
Demography
Population aged 15–64 (working age)
213,952
165,970
Population aged 65+
82,768
63,918
Population aged under 15
43,516
36,186
Median age of population
48.3 yrs
47.2 yrs
Old-age dependency ratio (65+ / 15–64)
38.7%
38.5%
Crude rate of total population change
-1.2 /1k
1.1 /1k
Crude rate of net migration plus adjustment
2.7 /1k
6.4 /1k
Crude birth rate
5.8 /1k
6.8 /1k
Crude death rate
9.6 /1k
12.1 /1k
Live births
1,966
1,800
Deaths
3,280
3,216
Total age-dependency ratio (young+old / 15-64)
59.0%
60.3%
Total fertility rate (births per woman)
1.21
1.37
Population density (persons per km²)
60 /km²
50 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
163,604
193,715
Social
At risk of poverty or social exclusion (AROPE) ·N2
36.0%
30.5%
Life expectancy at birth ·N2
76.9 yrs
82.2 yrs
At-risk-of-poverty rate (regional) ·N2
27.8%
25.0%
Health
Hospital beds per 100k inhabitants ·N2
718 /100k
608 /100k
Mortality, all causes (age-standardised rate) ·N2
1,743 /100k
1,115 /100k
Cancer mortality (age-standardised rate) ·N2
189 /100k
240 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.0 /100k
0.4 /100k
Robberies per 100k inhabitants
9.1 /100k
3.4 /100k
Burglaries per 100k inhabitants
98.0 /100k
43.6 /100k
Thefts per 100k inhabitants
195 /100k
202 /100k
Road traffic deaths per million inhabitants ·N2
111 /M
53 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.20
0.56
Regulatory quality, WGI score -2.5..2.5 (country)
0.39
0.42
Rule of law, WGI score -2.5..2.5 (country)
0.44
0.49
Control of corruption, WGI score -2.5..2.5 (country)
0.07
0.32
Political stability & absence of violence, WGI score (country)
0.55
0.24
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.155/kWh
€0.143/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.051/kWh
€0.039/kWh
Climate
Elevation at region centroid (Copernicus DEM)
442 m
64 m
Hot days ≥30°C (avg per year)
11 days/yr
95 days/yr
Frost days ≤0°C (avg per year)
104 days/yr
22 days/yr
Heavy-precipitation days ≥20mm (avg per year)
8 days/yr
5 days/yr