authorization

The Financial Supervision Authority withdrew the authorization of the Euroins insurance company, the institution announced in a press release. Initially, in the ASF Council, it was proposed to suspend the management of Euroins and take…

Bucharest's contribution to the total national GDP decreased by 2.4 percentage points from 2019 to 2021, the estimated losses for tax revenues being 17.2 billion lei (3.45 billion euros) until 2026. Those are the main conclusions of the…

Tarfin, the Turkish agri fintech launched in Romania in April this year, obtains the NBR authorization. This marks the next step in Tarfin’s mission to support farmers and suppliers of agricultural products by acting as a propeller in the…

Two member companies of the Finnish group Nokia have sued the Romanian Government after not obtaining the CSAT authorization to use 5G infrastructure equipment in the country's communications networks. Nokia is one of the largest…

High oil price hikes were recorded again in Europe on Wednesday after Germany suspended the authorization on Nord Stream 2 pipeline from Russia, claiming legal obstacles. The controversial pipeline is linking Russia to Germany under the…

The Financial Supervisory Authority (ASF) has launched an online tool that enables the process of authorization on the non-banking financial market which is part of the institution's strategy to digitize its activity. Therefore, a list…

Smart Fintech announced today that they have officially received the authorization from NBR (National Bank of Romania), the regulatory authority, as a Payment Institution authorized to perform Payment Initiation Services (PIS). Thus, the…

The Energy Ministry has issued the authorization document for the offshore works required to start the gas production from XV Midia block, operated by Black Sea Oil & Gas (BSOG), according to a communiqué issued by the ministry on…

Joint teams of the Inspectorate for the Emergency Situations and of the State Inspectorate for Constructions will assess all school units in the country, while checking up the explosion, earthquake and fire risks. The action has been…

Only seven percent of Romania's 19,000 schools have fire prevention authorizations, interim prime minister Sorin Cimpeanu - also the minister of education – admitted on Saturday in the context of ‘Colectiv’ nightclub lacking this permit at…