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INSURANCE
Vienna Insurance Group posts strong growth in the first half of 2019
Vienna Insurance Group (VIG) continues to be in growth mode. “With significant gains in two key indicators, premium…
New GM of Aforti Finance IFN
Aforti Group, Polish financial group present in Romania since October 2017, has appointed Ionuț Badiu as the…
Pension Pillar II funds – up by 24.18% yoy
The private mandatory pension funds had assets worth over RON 53.41 billion on May 31, 2019, up by 24.18% against…
Aforti Finance IFN kicks off operations in Romania, grants the first loan
Aforti Finance Romania IFN S.A., part of Aforti Holding, a Polish financial capital group that has been present on…
IFC invests in Romania’s first cover bond issue to increase mortgage lending
IFC, a member of the World Bank Group, was a key investor with a EUR 50 million investment in the first covered…
Bulgaria’s Euroins acquires Germany’s ERGO subsidiaries in Romania, the Czech…
Bulgaria-based Euroins Insurance Group AD (EIG), an insurance group in the CEE/SEE/CIS region, owned by Eurohold…
Update: Competition Council fines EUR 53m nine insurance companies and UNSAR,…
The Competition Council (CC) has announced on Tuesday it has fined nine insurance companies and the National Union…
The shareholders of OTP Leasing Romania approved RON 5.5 M capital increase
The shareholders of OTP Leasing Romania, OTP Bank Romania and Merkantil Bank Hungary, approved a capital increase…
Polish CEDE posts revenues of RON 25 M in 2017, aims for solid growth in 2018
Centrul European de Despăgubiri (CEDE), a Polish company specialized in helping victims of road accidents receive…
Watford Insurance, the newest player in the Romanian insurance market, marks the…
Watford Insurance Company Europe (Watford Insurance), has announced the launch of its operations in Romania on…