After the first 9 months of 2024, Allianz-Tiriac Asigurari reached a sales volume of 2.7 billion RON, up 6 percent compared to the same period last year. Total gross claims expense increased by 30 percent and approached 2 billion RON […]
Filip & Company law firm has assisted Mozaik Investments in the sale of a minority stake in 5 to go to the investment funds Invenio Partners and ACP. This transaction will result in both shareholders – Radu Savopol and Mozaik […]
Signal Iduna has initiated the process of evaluating the existing opportunities in the motor third-party liability insurance (RCA) market in Romania, considering the current dynamics of this sector. The current market context, along with the trends of consolidation and transformation, […]
Opinion by Aldous Mina, lead consultant and managing partner of Premier Global Council Group LLC, a global network of market entry consulting group. The PGC Group LLC, operates in various countries assisting multinational organizations in developing a local presence in […]
Romanians are being more cautious with their Christmas spending this year, preparing fewer or lower-value gifts to place under the tree, amid end-of-year uncertainties. According to a national survey conducted by tbi bank on a sample of 1,171 respondents, 6 […]
Bosch is selling its Building Technologies division’s product business for security and communications technology to the European investment firm Triton. The transaction encompasses three business units – Video, Access and Intrusion, and Communication – and thus the entire product business […]
Rețele Electrice România has launched a 23 million lei public tender through the SEAP platform, aiming to acquire remote control peripheral units for medium and low voltage networks, in order to maintain the energy infrastructure at modern standards. “The new […]
SOCOT, a provider of professional engineering services for infrastructure, complex hydro-technical works, civil and industrial works, road and bridge construction, has started a process of expanding its production capacities for ironworks, a segment which developed in an accelerated manner after […]
Investors seem optimistic about the outlook for the global economy, with 51 percent of respondents to a PwC survey expecting growth next year. Cyber risks and geopolitical conflicts top the list of threats perceived by investors in this edition, compared […]
The European Commission announces today’s unanimous decision by the Council to lift internal land border controls with Romania and Bulgaria as of 1 January 2025. This important step completes the full entry of both countries into the Schengen area. Today’s […]
