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Tag Archives: insurance

Watford Insurance, the newest player in the Romanian insurance market, marks the start of its operations in Romania

Watford Insurance Company Europe (Watford Insurance), has announced the launch of its operations in Romania on Wednesday. Watford Insurance is a 100%-owned subsidiary of Watford Re Ltd., a global reinsurance and insurance company. Watford Group has a capitalization of $1.2 ...

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Net monthly average earnings up by 14.3pc in 2017

The net monthly average wage in the national economy in 2017 was of RON 2,338, up by 14.3% (+RON 292), as compared to the previous year, while the employers spent on average per month RON 4,008/employee, according to the National ...

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Net average wage earnings up by 11.2pc in February y.o.y.

The net average wage earnings increased in February to RON 2,487, i.e. 11.2%, against February 2017, the National Statistics Institute informs on Wednesday. In January, the net average wage earnings increased by 8%, to RON 2,484, as compared to January ...

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Net nominal average earnings down by 5.5pc in January

The net nominal average earnings, in January, were of RON 2,484, down by RON 145 and 5.5% respectively, while the gross wage was of RON 4,143, the National Statistics Institute (INS) has informed on Tuesday. The highest net nominal average ...

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INSO insurance, the answer to the insolvency risk in tourism

Need Tour has entered the Romanian market with the promise of comfort and safety on luxury and family travel to the most preferred destination for Romanians. Turkey has been chosen as summer holiday destination by the majority of Romanians for ...

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Negotiations for Brancusi’s ‘Wisdom of the Earth’ to be resumed

Romanian Culture minister, Lucian Romascanu has announced on Thursday that negotiations for the purchase of Brancusi’s ‘Wisdom of the Earth’ sculpture would be resumed and that a new evaluation on the work would be done. “We resumed negotiations for the ...

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Most companies’ sub-groups in Romania are controlled from Germany, France and Italy – statistics

A number of 73,663 business groups have been identified in Romania in 2015, and 68,194 of them are multinationals, according to a press release issued on Friday by the National Statistics Institute (INS) regarding business. By number of employees, most ...

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