Auto parts manufacturer Forvia, the group formed by the merger of Faurecia and Hella, is closing its development center in Iași, northeastern Romania. A number of 74 employees will be affected by voluntary layoffs, the company confirmed to
NN Asigurari de Viata announces the appointment of Ramona Livinti (photo) as CFO. Ramona succeeds Gerke Witteveen who became CEO of NN Pensii SAFPAP S.A. Ramona Livinti has extensive experience of over 16 years in the financial industry, both in core business as well as in audit and consulting. Throughout her career, she evolved in financial controlling roles in insurance and banking and joined NN Asigurari de Viata in 2020 as Controlling Director. At NN, Ramona Livinti has contributed to achieving the main strategic performance indicators and supported the management board in the decision-making processes and long-term strategy building. At the same time, she had an active role in the company’s digital transformation and in building a strong finance team, supporting efficient business development. “Moving forward, I will continue to drive change and transformation within the organization, supporting NN’s overall direction towards becoming the digital insurer of the future. Key priorities will be to manage risks and drive performance to ensure we have the ability and capacity to provide the best service and experience to our customers, secure business health and deliver our strategic objectives”, said Ramona Livinti. Ramona Livinti graduated from the Academy of Economic Studies, specializing in Finance, Insurance, Banks and Stock Exchange, has a master’s degree in Actuarial Science from the same university and is qualified by the Association of Chartered Certified Accountants. About NN Romania NN is the first international life insurance company to enter the Romanian market, in 1997, and has been active in the private pensions segment for 15 years, being a leader in its markets. At the same time, NN also expanded in recent years into the health and home insurance segments in Romania. NN currently has 500 employees and 1,600 financial consultants and managers in its sales force and supports over 2.3 million insurance and pension clients, a quarter of Romania's working population, to protect what matters most to them. NN Romania is part of the NN Group, a financial services company with a history of more than 175 years of international operations and a strong presence in 11 countries, with a total of more than 16,000 employees and over 20 million clients. NN Group has been listed on Euronext Amsterdam since 2014 and has the ambition to be an industry leader, known for our customer engagement, talented people, and contribution to society.
Auto parts manufacturer Forvia, the group formed by the merger of Faurecia and Hella, is closing its development center in Iași, northeastern Romania. A number of 74 employees will be affected by voluntary layoffs, the company confirmed to
Romania's largest business organisations have jointly opposed proposals to introduce progressive taxation, urging political leaders to retain the country's flat tax system. Although the proposed changes would primarily affect individual income tax and not corporate profits, the organisations argue that such a move would negatively impact the broader economic and investment environment. "Implementing a progressive […]
The proposal to implement a generalized reverse charge VAT mechanism as a solution to Romania’s VAT collection gap may result in lower, not higher, budget revenues and reflects a misunderstanding of how the system functions, according to tax consultant Mariana Vizoli, quoted by
Bucharest’s Verita International School has become the first Romanian member of the UK-based Dukes Education network, in a partnership that channels tens of millions of euros into two new campuses and upgraded facilities, including the country’s first “green” school building. School founder Richard Joannides says the tie-up “takes the school to the next level” by widening […]
Private equity fund CVC and Therme Group, the developer, owner, and operator of wellbeing destinations, have partnered for Therme Horizon, a new holding company comprising Therme Erding in Germany and Therme Bucharest in Romania. In a deal valued at over EUR 1 billion, CVC and Therme Group will become equal partners in Therme Horizon. CVC will also co-invest in the development of Therme […]
As Cambridge School of Bucharest (CSB) celebrated its 30th anniversary in 2024, it reflects on the significant strides the school has made in providing world-class education. From its early beginnings to the thriving institution it is today, CSB has always focused on nurturing the intellectual, emotional, and social growth of its students. The school’s evolution […]