30 oct 2020

The insurance market ended the first half with 100.9 million lei profit, 51% more than in the year-ago period, Financial Supervisory authority (ASF) data show. more

21 oct 2020

Lending to agriculture sector rose by 12.4% at the end of August 2020 compared with the year-ago month, tripled the total private lending growth rate, Romania’s central bank data show. more

19 oct 2020

The NN Group, which owns life insurance company NN Asigurari de Viata in Romania, has earmarked 31.9 million lei for capital for its new entity NN Asigurari, a general insurance business, part of NN more

18 sep 2020

Bucharest, including Ilfov County, stands out with the highest stock of loans at the end of July 2020, some 53 billion lei, almost 7% more than in the year-ago period, Romania’s central bank data more

23 dec 2019

The year 2019 was a year of changes and shift to new technological solutions for the insurance sector, with insurers developing solutions and partnerships to be able to improve efficiency of services more

26 sep 2019

Mixed-use projects that include office, retail, residential space or maybe even a mall, along with medical clinics, gyms or public services have been gaining ground, the real estate market actors at more

17 sep 2019

The total volume of gross written premiums on the health insurance segment, one of the most dynamic segments in the last few years, reached 205 million lei (EUR43 million) in the first half, following more

4 sep 2019

Italy’s Guala Pack, a manufacturer of flexible plastic packaging for the food and pharmaceutical industry, is planning an about EUR17 million investment in the construction of a laminate production more

23 aug 2019

Three quarters of the people who live in rural areas, where actually half of Romania’s population lives, do not have access to a basic banking service: an ATM. more

22 aug 2019

GMB Romania Auto Industry, a company part of the GMB Korea group will begin production in a new facility built in Oarja, near Pitesti in southern Romania, a town where several Dacia investments and more

23 iul 2019

Cameron Romania, which makes oil industry equipment, posted 128% increase in net profit to 255 million lei (EUR54 million), Finance Ministry data show, and its net profit margin stood at 20%. more

24 apr 2019

The costs of building 5G mobile communications networks with a similar coverage and quality as the current 4G infrastructure, of more than 90% of the population, could amount to EUR1 billion per more

18 apr 2019

Domestic and outgoing travel are on the rise, says Alin Burcea, CEO of local travel agency Paralela 45, but the government is not doing a good job of managing the money located to promoting travel to more