Beleived to be the oldest brewery in the country, now belonging to Ursus Breweries, one of the local beer makers and the largest in Romania. The current factory was built in 1718 by Prince Eugene of Savoy and has become one of the most modern breweries in all of south eastern Europe. It is situated in the vicinity of the Plaza de Trajan, (Piata Traian), surrounded by many Romanian tavernas. The beer "Timisoreana" has received numerous awards, including the best lager in 2001, silver medal at the 1891 Fair in Timisoara and the bronze medal at the 1855 Budapest Fair. It is a symbol in Romania. It costs about 2.7 read (0.66 €) for a pint bottle.