08.13.2013

Romanian insurer Astra Asigurari reported revenues from underwritten premiums of RON601.7 million in the first half of the year, up 16% compared to the first half of last year, the insurer said more

07.19.2013

Romania’s state-owned airline Tarom wants to allow any European insurance company in its fleet insurance auctions starting 2014 after local insurer Astra Asigurari was awarded the contract for the more

07.18.2013

Romanian insurance company Astra said Thursday it won an auction to insure the fleet of state-owned airline Tarom, for the seventh consecutive year, and the contract is valid between September 1, 2013 more

06.06.2013

Six of the nine largest general insurers reported higher gross written premiums in the first quarter of the year, while the other three recorded double-digit business declines. more

05.22.2013

Romanian insurer Astra underwrote insurance premiums of 321.1 million lei (EUR73.8 million) in the first quarter of 2013, up 8.6% from the same period in 2012. more

05.15.2013

Romanian insurance company Astra will insure the 607 vehicles state-run postal service operator Posta Romana will buy following an auction. more

04.22.2013

Insurer Astra held by businessman Dan Adamescu posted net profit of 6.7 million lei (EUR1.53 million) in 2012, down from RON81 million in 2011 because of the significant decline in revenue from more

04.04.2013

Romanian insurer Astra Asigurari said Thursday it will insure the fleet of Berlin-based airline Germania Fluggesellschaft and the contract is valid until April 2014. more

04.01.2013

Liviu Stoicescu will become member of the Managing Board of Romanian insurance company Astra Asigurari after receiving the approval of the country’s insurance market regulator CSA, the company said more

03.18.2013

Orange Romania, the leading mobile telephony provider in this country, has signed a deal with SES Astra to launch direct-to-home TV services, sources on the local communications market told ZF. more

02.26.2013

Romanian insurer Astra Asigurari said Tuesday it underwrote premiums of 1.13 billion lei (EUR0.25 billion) in 2012, up 12.3% on the year. more

02.06.2013

Romanian insurer Astra Asigurari will enter the Ecuadorian market by the end of June and wants to expand operations to Peru, Colombia and Bolivia in the next two years, the insurance company said more

01.25.2013

Businessman Valer Blidar, who owns the Astra Vagoane Calatori passenger rolling stock plant in Arad, said he has decided to terminate 400 contracts with small firms, with which he has worked for more

01.10.2013

Romanian insurer Astra Asigurari Thursday said it named Marinela Grigore, former director with KPMG Romania, as financial manager, replacing Carmen Gheorghe whose mandate expired. more

12.11.2012

Romanian insurance company Astra Asigurari will open subsidiaries in other European countries as well, besides Hungary and Slovakia, in a move to increase its revenue from underwritten premiums, more

12.11.2012

Romanian insurer Astra Asigurari on Tuesday opened a subsidiary in Bratislava, Slovakia, called Astra Poistovna, which is the company’s second regional unit operating outside Romania. more

12.04.2012

Romanian insurer Astra Asigurari will redeem shares of 1.73 million lei (EUR0.38 million), or 0.3% of its share capital, according to a decision approved by shareholders on December 3. more

11.22.2012

Romanian insurer Astra Asigurari will redeem shares of 1.73 million lei (EUR0.38 million), or 0.3% of its share capital. more

11.08.2012

Romanian insurer Astra Asigurari (ATRA.RO) Thursday said its underwritten premiums totaled 788.67 million lei (EUR175.33 million) in the first nine months, down 9.4% from the same period a year more

11.02.2012

Romanian insurer Astra Asigurari (ATRA.RO), owned by businessman Dan Adamescu, will buy back part of its own shares in an operation approved in December. more

09.19.2012

Major insurer Astra has recruited the head of Euroins, Alin Bucsa, as the company’s general manager to replace Alexander Adamescu, who had run the company in the past nine months. more

09.19.2012

Romanian insurer Astra Asigurari Wednesday said it named Iulius Alin Bucsa, the former head of Euroins Romania, as executive chairman of the company’s Board of Directors, replacing Alexander more

09.14.2012

Romanian insurer Astra Asigurari has invested over EUR4 million over the last three months in expanding its Hungarian network by six more units, four in Budapest, Miskolc, Pecs and Gyor, while two more

08.31.2012

Romanian insurer Astra Asigurari registered a net profit of 31.9 million lei (EUR7.1 million) in the first half of 2012, down 60.3% on the year. more

07.12.2012

German investor Thomas Manns, who has bought Romanian railroad car manufacturers Astra Vagoane Marfa, Meva and Romvag, will invest up to EUR10 million in upgrades in the first year and will resume more