Romania’s insurance market reached a volume of gross underwritten premiums of RON23.4 billion at the end of 2024, up 11% against 2023, in line with data released by Romania's Financial Supervisory Authority (ASF) in its latest report regarding the evolution of the insurance market for full year 2024.
Reff & Asociatii | Deloitte Legal team of lawyers assisted Smart ID Technology, part of SARMIS Capital portfolio, in taking over the majority stake in AB Systems, a leader in the production of durable barcode labels and smart RFID label solutions for the automotive, logistics, and retail industries.
Romania’s unemployment rate stood at 5.6% in February 2025, higher by 0.1 percentage points than the 5.5% rate recorded in January 2024, data from the country’s statistical office INS show on Tuesday (April 1, 2025).
Average prices of old and new apartments in March 2025 rose by 12% against the same month of 2024, in line with the latest data on Storia, the real state platform launched by OLX.
Filip & Company team assisted, as lead counsel, Digi Romania S.A. in the signing of two export credit facilities agreements totally worth over EUR54.7 million for the acquisition of goods and services necessary for the development of Romania and Portugal telecom networks.
Mehiläinen Group, Finland’s largest private healthcare provider, has fully acquired Regina Maria network, together with Serbian company MediGroup, both part of the portfolio of Mid Europa investment fund.
Benedek cold cuts plant, now owned by Bertis group controlled by businessman Tibor Berszany, is starting the construction of a new unit in 2025 and is set to expand nationwide three decades after it was set up.