06.17.2016

Tiriac Auto, the car retail division of the Tiriac Holdings, becomes the first car dealer on the local market with more than 1 billion lei (EUR221 million) sales registered by a single legal entity. more

05.31.2016

Tiriac Leasing, part of Tiriac group, on Tuesday said announced it had granted financing worth a total EUR21 million in the first quarter of 2016, up over 60% against the year-earlier period, and 80% more

05.29.2016

The health insurance segment has been more and more dynamic lately, as the number of Romanians closing such policies is on the rise, which was also supported by the strategies on portfolio more

05.11.2016

Romanian billionaire Ion Tiriac, owner of the Madrid Open tennis tournament, has relocated the used car sales division Tiriac Auto Rulate from the former site of Metro Otopeni to begin investment in a more

04.26.2016

Virgil Soncutean, chief sales officer and deputy general manager of insurance company Allianz-Tiriac Asigurari will become the new general manager of the insurer as of September 1, after Remi Vrignaud more

04.12.2016

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03.09.2016

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03.02.2016

Insurance company Allianz-Tiriac Asigurari on Wednesday said it underwrote gross premiums of RON1.06 billion in 2015, up 7.2% on the year, due to a 7.5% increase on the general insurance segment, to more

02.25.2016

Insurer Allianz-Tiriac’s 2015 turnover was close to the pre-crisis level and its underwritten premiums exceeded RON1 billion, according to calculations made by Ziarul Financiar. more

12.15.2015

Cyprus-registered Zareba Holdings Limited, owned by businessman Ion Tiriac, sold its 15% stake in Metro Cash&Carry Romania to German group Metro, so that Metro currently owns a 100% stake in the more

11.17.2015

Allianz-Tiriac Asigurari underwrote gross premiums of RON776 million in January-September 2015, up 6.4% on the year, while its operating profit reached RON54.4 million, the company said in a statement more

10.27.2015

The transaction whereby Italian group UniCredit bought the stake held by businessman Ion Tiriac in Unicredit Tiriac Bank, for over $770 million, is the largest operation on the mergers and more

09.16.2015

A company part of Tiriac Imobiliare, the real estate division of businessman Ion Tiriac, has acquired full control of the Buzesti Center office space project near Piata Victoriei (downtown Bucharest). more

08.28.2015

Businessman Ion Tiriac says he has no intention of exiting Metro Cash & Carry and Allianz Tiriac after having sold his stake in UniCredit Bank, because with the bank the decision was made ten years more

08.18.2015

UniCredit Tiriac Bank is changing its name into UniCredit Bank Tuesday, after UniCredit Bank Austria had bought 45% of UniCredit Tiriac Bank SA from Tiriac Holdings, controlled by Romanian businessman more

08.13.2015

Allianz-Tiriac Asigurari on Thursday said it underwrote gross premiums of RON530 million in January-June 2015, up 7.3% on the year, mainly due to increases on the non-auto segment. more

07.30.2015

UniCredit Tiriac Bank will grant financing of EUR28 million to Valvis group, run by businessman Jean Valvis, of which nearly EUR18 million for Carpathian Springs, the bottling firm of Aqua Carpatica. more

07.16.2015

Insurer Allianz-Tiriac named Dana Lemnaru as human resources manager, replacing Adina Tudor. more

07.14.2015

Insurer Allianz-Tiriac posted assets worth 2.3 billion lei (nearly EUR515 million) in 2014, up 13% compared with 2013, fueled by the growth of financial investments and intangible assets, the company more

06.19.2015

Tiriac Holdings will become a direct competitor via Tiriac Energy to the major gas and diesel retailers in Romania by building a discount gas station network over the next three years. more

06.05.2015

The UniCredit group, which will take over the 45% stake of businessman and former tennis player Ion Tiriac in UniCredit Tiriac Bank this month, was bound to buy it at a multiple of 3.6 to 3.8 of the more

06.04.2015

UniCredit Bank Austria AG bought the 45% stake in UniCredit Tiriac Bank from Tiriac Holdings for an undisclosed amount. Romanian businessman Ion Tiriac thus exits the bank he founded back in 1991. more

05.25.2015

Insurer Allianz-Tiriac had revenues of RON274.4 million from general and life insurance in the first quarter, up 6% on the year, and an operating profit of RON14.9 million, up 39% compared to the same more

05.21.2015

Tiriac group is in talks to rent the Ford center in Metro Baneasa area, held by Automotive Trading Services (ATS), the dealer of the brand in the northern part of Bucharest. more

05.12.2015

UniCredit Tiriac Bank’s net profit dropped 26.8% to 52.8 million lei (EUR11.9 million) in the first quarter of 2015, from RON72.1 million in the year-earlier period. more