 In the period of the revolution in 1848-49 and in the beginning of the 20th century Lipova became an important centre of political and national emancipation, due to the activity of remarkable personalities, such as Nicolae Bălcescu, Vasile Goldiș, Alexandru Mocioni and Teodor Șerb.Șoimoș castle has also taken part from the successive vicissitudinary periods related to the historical events of Lipova and
to the defensive role of the main entrance gate from Transylvania.The car industry, light industry, services and tourism are the most representative economic sectors.