The name "" is a generic name of Slavic origin for the German people in the Romanian language. This has led to speculation of a German foundation of Târgu Neamț, according to which Saxon colonists crossed the Carpathians from the Bistrița area and built a commercial township. Some Romanian historians, including B. P. Hașdeu consider that Târgu Neamț was probably a German settlement from the 13th century, when the Teutonic Order made incursions from Transylvania against the Cumanic peoples that were living in Moldavia.