Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. SIGNAL IDUNA receives ASF approval for the acquisition...

SIGNAL IDUNA receives ASF approval for the acquisition of the majority stake in Garanta Asigurari

July 21, 2025

SIGNAL IDUNA ASIGURARE REASIGURARE announces that final approval has been received from the Financial Supervisory Authority (ASF) for the acquisition of the majority stake in Garanta Asigurari, owned by The Ethniki, Hellenic General Insurance Company, the leading composite insurer in Greece.   This transaction marks a key milestone for SIGNAL IDUNA, as the company continues its expansion strategy on the local market and further consolidates its position among the top insurers in Romania. The transaction reinforces SIGNAL IDUNA’s long-term commitment to the Romanian market and its ambition to actively contribute to its development through modern, diversified, and customer-centric insurance solutions.   “The acquisition of Garanta Asigurari highlights our strong commitment to the Romanian market and our intention to actively support its development. We aim to expand access to modern, competitive insurance solutions by combining SIGNAL IDUNA’s expertise in health and life insurance with Garanta’s experience in general insurance. This recent acquisition marks a new and significant stage in our journey, building on the success and positive results we have achieved during more than 16 years of activity in Romania. It represents another solid step in strengthening SIGNAL IDUNA’s position among the leading insurers. At the same time, we remain fully committed to delivering stability and high quality services to the clients and partners of both companies,” said Tiberiu Maier, President of the Management Board of SIGNAL IDUNA ASIGURARE REASIGURARE.   Over the next period, SIGNAL IDUNA and Garanta Asigurari will continue to operate independently, each company maintaining its product portfolio, dedicated teams, and existing partnerships.   In the medium term, SIGNAL IDUNA’s strategy aims at integrating and improving operational efficiency in Romania by exploring options to build a unified and consolidated portfolio that can deliver a seamless and comprehensive experience to all clients and partners.   Throughout this process, SIGNAL IDUNA’s priority remains ensuring the continuity of business relationships and the quality of services offered by each entity. Clients and partners will continue to receive support from their dedicated teams, and any changes will be communicated transparently and in a timely manner.    

Read in full - click here
Wrocław Baroque Ensemble presents rarely performed works by Polish composers at concerts in Romania

The Wrocław Baroque Ensemble, a resident ensemble of the National Forum of Music (Narodowe Forum Muzyki – NFM) in Poland, will present a series of concerts in Romania exploring rarely performed works from Polish composers. Since its establishment in 2012, the group has specialized in historically-informed performance of Polish Renaissance and Baroque music under the […]

Survey shows only a third of Romanians strongly support democracy, in line with European trend

Fewer and fewer Europeans strongly support democracy, according to a new poll by European Movement International and Savanta. Romania is among the countries with the lowest support for democracy, the same study showed. Published on Monday, July 28, the report highlights that people are disillusioned with democracy across Europe. Overall, only 36% are consistent supporters...

Romania wins nine medals at the Balkan Athletics Championships 2025 in Greece

The Romanian delegation concluded its participation in the Balkan Senior Championships in Volos, Greece, with a total of 9 medals, out of which 4 gold, 3 silver, and 2 bronze. The gold medals were won by athletes Rareş Toader in shot put (20.74 meters), Alin Firfirică in discus throw (63.15 meters), Alina Rotaru-Kottmann in long […]

Romania’s Softronic to deliver locomotives to RS Lease Slovakia

Romanian locomotive manufacturer Softronic Craiova has signed a contract with RS Lease Slovakia for the delivery of two Transmontana locomotives, which will be produced in the Craiova plant and delivered in the first half of 2026. The six-axle electric locomotives are designed for the demands of heavy freight transport, but are also adaptable to other […]

Trooper announces concert in Bucharest in February 2026

The Romanian heavy metal band Trooper returns to Sala Palatului on February 28, 2026, with the show “Regeneza,” a journey through its entire discography, along with special guest Blaze Bayley, Iron Maiden’s vocalist from 1994–1999. The concert is a transformation and a return to the spiritual roots of the band, according to lead singer Alin […]

Romania events: Festival dedicated to horror, fantasy film to hold tenth edition in Biertan next month

Full Moon, the festival showcasing horror and fantasy films, will hold its tenth edition next month in Biertan, a village in Sibiu county known for its UNESCO-listed fortified church. The festival will present this year a program of 16 films, six of which are national premieres. The edition's headliner is Radu Jude's Dracula, an international […]