Floods
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PAID can pay 200m euros' worth of damages for earthquake, floods or land slides
The capacity of the reinsurance scheme held by the Disaster Insurance Pool (PAID), the issuer of mandatory home insurance policies, was boosted to 200m euros at the beginning of this year as the sum negotiated last summer had been outpaced by the rate of under...
Year of tragedies: Romania struggles to keep afloat after six months of frost and floods
The Galați authorities have for now found a way to protect the city from flooding by consolidating the Danube dam, but news is still bad for those whose houses lie close to Prut and Siret ri...
Floods and accidents drive Allianz-Tiriac profit down
Allianz-Tiriac, the leader of the insurance market, posted a 9 million-euro net profit last year, derived from the general insurance business. The profit was down 10% from 2004, despite a 30...
Floods put a lid on GDP increase - only 4.1% in 2005
The GDP went up by only 4.1% last year, with the final quarter marking a rebound of the economy towards a pace that matches the analysts'' estimates. Agriculture collapsed because of floods,...
Floods put Hidroelectrica"s profit back on track
Hidroelectrica, the electrical power producer last year derived net income standing at approximately 17 million euros, after about 55.5 million euros from the company"s profit was redirected...
Agricola blames bird flu and floods
The biggest chicken producer on the domestic market has said it will reconsider the 20m-euro investment plan announced for 2006. "We are reconsidering the investment plan announced for this...
Floods sink growth estimates: first revisions from Forecast Commission
Floods sink growth estimates: first revisions from Forecast Commission
Floods cost Agricola Bacau 400,000 euros
Floods cost Agricola Bacau 400,000 euros
Floods save cement industry
Floods save cement industry