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Astra-Uniqa, poised to enter unit-linked insurance
Astra-Uniqa, an insurance company controlled by Austria's insurance group and businessman Dan Adamescu, will enter the market of unit-linked insurance early next year. Unit-linked insurance...
Zara could enter Romanian market directly
Inditex, the largest clothing retailer in Europe and owner of the Zara brand, has recently appointed Lucian Dorobantu, former commercial manager of Germanos, to the position of country manag...
SocGen and Ergo enter life insurance market
Societe Generale and Ergo, two large financial groups at a European level, announced they would bring their insurance companies to Romania by the end of this year and the beginning of next y...
Targu Mures airport likely to enter into partnership with private firms
The chairperson of Mures County Council, Lokodi Edita Emoke, stated she asked the management of Transilvania airport to draw up a study on the investments needed to develop the airport, addi...
11 new mutual funds waiting to enter the market
The mutual fund market is likely to include a further 11 funds, which are awaiting autho0risation from the National Securities Commission (CNVM), according to the commission's representative...
New players enter banking market
Another four European financial institutions have informed the NBR (National Bank of Romania) of their intentions to provide services directly on the Romanian market. This brings the total n...
French at AF2R enter private mandatory pensions market
An unexpected player has announced its entry into the system of privately managed mandatory pensions- AG2R Pr?voyance, one of the largest French insurance and pension groups. In France, AG2R...
Big banks enter pensions business
Almost all big banks on the domestic market have become involved in the private pensions system, a business that is expected to attract assets worth tens of billions of euros in the decades...
BNP Paribas to enter general insurance market, too
French group BNP Paribas, which is present on the domestic market through Cardif, a life insurance company, intends to expand onto the life insurance market by the end of this year. To this...