SIGNAL IDUNA ASIGURARE REASIGURARE S.A. announces the completion of the merger by absorption of the company SIGNAL IDUNA ASIGURARI DE VIATA S.A. The Financial Supervisory Authority (ASF) published the decision. After going through all the stages of the complex takeover process, the portfolio of products and services was transferred and integrated under the SIGNAL IDUNA brand. In addition, the insurance policies contracts signed with SIGNAL IDUNA ASIGURARI DE VIATA S.A. have been taken over by SIGNAL IDUNA ASIGURARE REASIGURARE S.A. as an insurer. Similar standards of quality and professionalism will continue to be followed during the insurance contract unrolling. Last year, SIGNAL IDUNA ASIGURARE REASIGURARE S.A. received the approval of the ASF and the Competition Council for the purchase and later for the completion of the transaction of the ERGO AsigurAri, which changed its name to SIGNAL IDUNA ASIGURARI S.A., and ERGO AsigurAri de VIATA, named SIGNAL IDUNA ASIGURARI DE VIATA S.A. SIGNAL IDUNA ASIGURARI S.A. remains an independent entity that continues its activity in the Romanian insurance market. SIGNAL IDUNA thus expands its operations on the local market with a range of varied solutions, responding to the changing expectations of Romanians through efficient and affordable products and services.
The Brașov Jazz & Blues Festival returns for its 13th edition from August 14 to 17, transforming the city into a multi-stage celebration of jazz, blues, gospel, and live improvisation. This year's edition will take place in seven locations across Brașov and nearby areas, featuring live music, film screenings, jam sessions, and family-friendly activities. The […]
Affinity Life Care, the largest private network of residential centers for the elderly in Romania, announced the attraction of a growth equity investment from BlackPeak Capital, a private equity fund active in Southeastern Europe. At the moment, Affinity operates three centers in the most important areas of the Romanian capital, with a capacity of over […]
Tensions have emerged within Romania's ruling coalition following disagreements over the state funerals of former president Ion Iliescu. The Social Democratic Party (PSD) announced on Wednesday, August 6, that it would suspend participation in coalition meetings, citing what it described as "public incitement to hatred" from the Save Romania Union (USR). The dispute centers on […]
When you’re craving something out of the ordinary, Boromir’s collection of Slowly Leavened Croissants with Natural Sourdough is here to transform your snacking experience. We’ve turned your search for a unique, memorable flavor into a delightful range of croissants where every bite is a surprise. With their irresistible combination of textures and flavors, Boromir Croissants […]
Around 110 operators running over 200 hotels in Romania have registered in the collective lawsuit against tourism portal Booking.com to seek compensation for years of forced price fixing, Economedia.ro reported. In total, over 10,000 hotels across Europe are part...
Romania’s first post-communist president, Ion Iliescu, died on August 5, 2025, at the age of 95. He leaves behind numerous unanswered questions regarding the 1989 Revolution and the June 1990 mineriad, as well as a political legacy inextricably linked to the Social Democratic Party (PSD). At the same time, Iliescu is credited with Romania’s membership […]
