The Financial Oversight Authority (ASF) has launched an online instrument that facilitates the process of authorization on the non-banking financial market which is part of the institution's strategy to digitize its activity, announced, on Thursday, the ASF.The new section of the Authorization heading, hosted on the Authority's website, makes available to those interested a list with all the necessary documents in the process of authorization on all three markets, as well as the normative acts that govern the process."As I promised since taking over my mandate, we bring new, digital solutions to come to the support of citizens, as well as companies. ASF must be an institution that works in the interest of the consumer, and this new online instrument represents one of the projects done in this sense," said the head of the Financial Oversight Authority, Nicu Marcu.The head of the ASF mentioned that, in the coming period, the new online section for the authorization process will have new value, becoming an interactive portal, where it will be possible to upload documents and use electronic signatures."ASF is transforming into a flexible, modern, digital institution. The interactions between us and stakeholders must be just a click away," said Nicu Marcu.The Financial Oversight Authority was established in 2013 through Emergency Ordinance 93/2012, approved by Law 113/2013, to regulate and oversee the insurance market, the private pensions market, as well as the capital market. ASF contributes to the consolidation of the integrated framework for functioning of the three sectors, which total over 10 million participants.
HiSky will launch direct flights between Bucharest and Chicago in June 2026, expanding its transatlantic network two years after introducing its New York route. The service resumes a direct link suspended 24 years ago, the company said. The new route will be operated twice weekly, on Thursdays and Sundays, with the first flight scheduled for […]
EVERGENT Investments Group reached a record level of RON 3.72 billion (EUR 744 mln) in assets under management as of June 30, 2025, up 7% compared to December 31, 2024. The financial performance achieved confirms the resilience of the business model amid heightened domestic uncertainties. The Group’s performance indicator, the net result of RON 195.5 […]
Visual Fan, initially known for the low-cost phones assembled in China, later expanding in various tech markets including consumer electronics, EV imports and PV panel installation, announced the launch on the Romanian market of a new brand of washing machines powered by artificial intelligence. "Our vision is to transform Allview into a brand that offers […]
OMV Petrom, the second largest company listed on the Bucharest Stock Exchange, announced on September 16 that the Board of Directors proposes to shareholders the distribution of a special dividend in a gross value of RON 0.0200 per share, equivalent to approximately RON 1.246 billion (EUR 250 million). The company’s market capitalisation reached RON 53 […]
However, prices and lack of information discourage Romanians from making such purchases. More than half of Romanians (52%) say they adopt sustainable behavior in their daily lives and 53% frequently buy sustainable products, according to a study conducted by the BUCHAREST CENTER FOR ECONOMY & SOCIETY (CES Bucharest). The most sought-after sustainable products are food, […]
Romanian telecommunications group Digi Communications said on September 16 that it does not intend to cede control of any of its subsidiaries, including Digi Spain, amid reports that it is preparing the Spanish unit for a stock market debut in 2026, Profit.ro...
