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Financial oversight authority authorises Grawe Romania Asigurare to offer motor vehicle liability insurance

August 31, 2016

The Council of Romania’s Financial Oversight Authority (ASF) has approved an application from Grawe Romania Asigurare for authorisation to provide RCA mandatory motor vehicle liability insurance as well as CASCO insurance of land transportation means, other than railway means of transportation, ASF announced on Wednesday. ‘Grawe has thus become a new insurer authorised to underwrite […]

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Water crisis in Romania's Prahova, Dâmbovița counties impacts over 100,000 people

Over 107,000 people in Prahova and Dâmbovița counties, in southern Romania, have been without drinking water since Friday, November 28, due to problems at the Paltinu Dam. According to local authorities, the problems are set to persist until next week. The dam registered a drop in water levels, leading to problems in the water distribution system. […]

Reduced noise and lights planned for inclusive ‘Silent Day’ at Bucharest Christmas Market

A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]

Eurostat: Romanians have the highest level of trust in others in the European Union

Romanians have the highest level of trust in others in the European Union, according to the most recent Eurostat data for the year 2024, ahead of the usual leader of the ranking, Finland.  The indicator ‘trust in others’ measures a person’s trust in people they do not know on a scale from 0 (‘I...

Monarc Development Takes Over Strategy and Sales for a €27.5 Million Project, Transforming It into Monarc Grivița 166, a Serviced-Residences Concept with Concierge Services

Monarc Development announces the acquisition, from a private investor with a strong reputation in premium real estate developments, of the strategic management and sales operations for a major urban project in Sector 1, valued at €27.5 million. The project is now being repositioned under the new identity Monarc Grivița 166, a contemporary serviced-residences concept with […]

Inter Computer Romania signs €5 Million euro worth contracts in 2025 and accelerates digitalization and AI-ready infrastructure projects

Inter Computer Romania, part of Inter Computer Group (ICG), one of the largest IBM Platinum partners in Central and Eastern Europe, announces reaching €5 million in signed projects for 2025, an indicator of the accelerating demand for digitalization, data security, and AI-ready infrastructure initiatives. The company continues the development strategy announced at the beginning of […]

Former MEP Vlad Gheorghe withdraws from Bucharest mayoral race, backs Liberal candidate

Former MEP Vlad Gheorghe has withdrawn from the race for the Bucharest City Hall and urged people to support the candidate of the National Liberal Party (PNL), district 6 mayor Ciprian Ciucu. The announcement was made in a press conference on Tuesday, December 2, alongside the latter. To motivate his decision, Gheorghe pointed at the […]