The first Romanian state-owned insurance company with a focus on individual customers should be launched as soon as possible, probably this spring, according to finance minister Adrian Caciu. According to sources familiar with the developments quoted by Economica.net, the initial capitalisation, some EUR 20-25 mln, will come from CEC Bank or a loan extended by Eximbank - the other state-owned bank. The insurer will offer a broad range of products for households, including third-party liability car insurance and home or property insurance. Designed by the Financial Supervisory Authority (ASF) together with CEC Bank, adopted and developed by the bank and promoted to all levels of Authority after the new leadership came into office in the summer of 2020, the project is now at the Ministry of Public Finance (MFP), which will he had the last word. Notably, there is already a state-owned insurer on the market, Eximasig, controlled by Eximbank, but the company focuses on companies, particularly those involved in foreign trade.
Voxxed Days Bucharest 2025, an event dedicated to IT professionals and software developers, will take place on March 26-27, 2025, at Crowne Plaza Hotel Bucharest. This year, the conference reaches the next level by emphasizing the development of intrapreneurial skills among software developers - an essential step in shifting from an outsourcing-based...
Exim Banca Romaneasca continues to expand its portfolio of digital services and now offers individual customers the possibility to update their personal data entirely electronically via internet/mobile banking. This convenient and accessible method allows for periodic data updates anytime and from anywhere, without the need to visit a branch. To update their data via internet/mobile […]
Iulia Boldor, better known as Yushia, is a women’s trailblazer in the traditionally male esports world. The rising industry has found room for female representation in recent years, and the 22-year-old Romanian is at the forefront of its most popular gaming competitions, the League of Legends professional tournaments, as part of the French esports organization […]
The renowned therapist will be in Romania for the first time as part of DiFine Your Essence, a series of events combining personal, professional, and spiritual development Lin Holmquist, one of Europe’s most respected Tantra and personal transformation facilitators, will be in Romania for the first time from June 27-29 as part of EnlightX, the […]
Holcim Romania has invested over EUR 700,000 in its Stăncești aggregate plant in Prahova county, with more than EUR 450,000 dedicated to a state-of-the-art water recycling and purification system. This investment significantly reduces the plant’s water consumption by approximately 80%, the company said. “This investment is a clear demonstration of our commitment to improving operations […]
Romanian far-right leaders George Simion (AUR) and Anamaria Gavrilă (POT) have announced their candidacies for Romania’s 2025 presidential election following the invalidation of Călin Georgescu’s bid. The two politicians stated that only one of them would remain in the race after their candidacies are officially validated. Simion, the leader...
