Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romanian Insurance Pool PAID To Pay Damages Of...

Romanian Insurance Pool PAID To Pay Damages Of EUR190M In Case Of Major Earthquake

March 9, 2012

An earthquake similar to the 7.2 magnitude quake on March 4, 1977 in Romania would lead to 30,520 damage claims for insurance policies issued by the Romanian Pool of Insurance Against Natural Disasters (PAID), reaching nearly EUR190 million, PAID general manager Marius Bulugea said Thursday.

Read in full - click here
George Enescu Competition 2024: Ukrainian Roman Lopatynskyi wins piano final

Ukrainian Roman Lopatynskyi (opening photo) has won the piano section of the 2024 George Enescu International Competition, currently taking place in Bucharest. Russian pianist Tatiana Dorokhova was placed second, while Russian Evgeny Konnov was third. In the final, Lopatynskyi performed Johannes Brahms’s Concerto No. 2 in B flat major for piano and orchestra op. 83. […]

Romania’s Emilia Șercan nominated for PRIX EUROPA European Journalist of the Year 2024

Emilia Şercan, a Romanian journalist specializing in rooting out plagiarized theses written by major local political figures, is one of the 18 nominees for PRIX EUROPA European Journalist of the Year 2024. She is the only journalist selected from Romania. The list of nominees also includes journalists from Hungary, Sweden, Ukraine,...

British chain of fish & chips restaurants reportedly makes Romania priority for international expansion

British chain of fish & chips restaurants Harry Ramsden's recently began a push for international expansion and made Romania a priority due to the lack of local competition in this segment, Profit.ro reported. It reportedly targets Bucharest and other large cities. ...

Romania to receive EUR 1.5 bln financial aid from the EU following severe floods

Romania will receive EUR 1.5 billion from the EU Cohesion Fund to help repair the infrastructure and households destroyed by the recent severe floods, Liberal (PNL) leader Nicolae Ciucă announced.  The amount is part of the EUR 10 billion the European Commission will distribute to the five countries affected by storm Boris. Ursula von der […]

Romanian president prompts legal dispute with plans to run for Parliament

While the Legislative Council argues that president Klaus Iohannis is entitled under the current legislation to run for a seat in Parliament as an independent candidate on the list of a party, former Constitutional Court head Augustin Zegrean claims that this is not possible and furthermore “would breach the principles of democracy,"

Romania’s automobile production and sales up in January-August

The two Romanian automobile producers, in their early stage of adopting electrification and thus less exposed to the twist in buyers’ options, announced their aggregated output rose by 8.7% y/y to 356,475 units in January-August, according to the industry association ACAROM, quoted by