SIGNAL IDUNA ASIGURARE REASIGURARE S.A. announces the completion of the merger by absorption of the company SIGNAL IDUNA ASIGURARI DE VIATA S.A. The Financial Supervisory Authority (ASF) published the decision. After going through all the stages of the complex takeover process, the portfolio of products and services was transferred and integrated under the SIGNAL IDUNA brand. In addition, the insurance policies contracts signed with SIGNAL IDUNA ASIGURARI DE VIATA S.A. have been taken over by SIGNAL IDUNA ASIGURARE REASIGURARE S.A. as an insurer. Similar standards of quality and professionalism will continue to be followed during the insurance contract unrolling. Last year, SIGNAL IDUNA ASIGURARE REASIGURARE S.A. received the approval of the ASF and the Competition Council for the purchase and later for the completion of the transaction of the ERGO AsigurAri, which changed its name to SIGNAL IDUNA ASIGURARI S.A., and ERGO AsigurAri de VIATA, named SIGNAL IDUNA ASIGURARI DE VIATA S.A. SIGNAL IDUNA ASIGURARI S.A. remains an independent entity that continues its activity in the Romanian insurance market. SIGNAL IDUNA thus expands its operations on the local market with a range of varied solutions, responding to the changing expectations of Romanians through efficient and affordable products and services.
The final version of Romania's national defence strategy 2025-2030, as amended following the public consultations and approved by the members of the Supreme National Defence Council (CSAT), is to be presented by president Nicusor Dan in Parliament, where it will be debated and voted on by lawmakers. The Romanian state must be prepared to manage […]
The 5 to go coffee chain, including over 650 units nationwide, is expanding its service portfolio through a partnership with Fibula Air Travel tour operator, for which it will distribute tourist packages, Ziarul Financiar reported. Fibula Air Travel has a significant presence in the markets...
The French group Groupe Atlantic is set to inaugurate the factory in Ariceştii Rahtivani, Prahova County, in the coming weeks, a greenfield investment of over EUR 50 million, announced Ziarul Financiar. So far, about EUR 40 million has been invested, and the remaining EUR 10 million is planned by the end...
Fondul Proprietatea (FP), as a minority shareholder (20%) at Bucharest Airports Company (CAB), proposed that the company could issue, under an IPO at Bucharest Exchange (BVB), a number of shares equal to half of its current shares, to finance the construction of a new terminal. The operation would preserve the state's majority position and generate […]
Sales of the Dacia Sandero model were the highest in Europe in October, although the volume was slightly lower than a year ago. The Romanian model managed to surpass its main rivals, the Clio and the T-Roc, according to Profit.ro. The Sandero is mainly built in Morocco, where...
The macroeconomic confidence index compiled by Romania's CFA Society association of analysts, based on a survey among its members, plunged sharply by 7.3 points to 30.2 points, with the current conditions (32.3 points) only marginally superior to the expectations (29.2 points). The current conditions are at a historic low level, while the analysts have shared […]
