Finance | 27 December, 2024 at 6:53 AM
Total volume of underwriting on insurance market up to RON 16.9 billion in 9M 2024
Total gross claims paid (including branches) amounted to around RON 8 billion in the first nine months of 2024.
Total gross claims paid (including branches) amounted to around RON 8 billion in the first nine months of 2024.
The insurance market is highly responsive to stimuli from various stakeholders, including insurance companies, brokers, authorities, and consumers.
Arobs Systems, part of the Arobs Group, has signed two digitalization contracts with Romanian government institutions worth a combined €8 million to the company.
Romania's trade balance deficit (FOB/CIF) for January-November 2025 reached €29.77 billion, down €299.6 million (-1.0%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).
Retail trade volume in Romania remained flat in November 2025 compared to the previous month, according to the latest data released by Eurostat.
Law firm Kinstellar has assisted renewable energy developer Big Mega Renewable Energy on approximately €100 million project financing with a syndicate of lenders for the construction and operation of the Văcăreni wind farm located in Tulcea County, Romania.
Romania's Competition Council has fined eight companies a total of €32.15 million for participating in an anti-competitive agreement to divide the labour market and limit employee mobility while keeping human resource costs low.