04.03.2016

The dividends paid by the companies listed on Bucharest Stock Exchange are extremely generous this year, said Mihai Chisu, Swiss Capital broker. more

02.15.2016

Romanian brokerage house SSIF Broker (BRK.RO) is starting Monday to provide insurance brokerage services, as brokerage assistant of Confident Broker de Asigurare, in which it holds a majority stake more

02.02.2016

Four major brokerage firms handled more than half of the 1.2 billion lei (EUR265 million) stock transactions in January. Their main customers are foreign investment funds, which gives a clue into who more

01.19.2016

Erste Group Bank, owner of lender BCR, was admitted as broker on Bucharest Stock Exchange’s regulated market, and the bourse’s officials expect this "outpost" to Vienna Stock Exchange would ensure more

01.08.2016

Almost one third of the 450 insurance brokers operating in Romania will have to close up shop this year due the stricter capital requirements of the Financial Supervisory Authority, according to more

11.05.2015

Banks, insurers and all the other companies on the local financial market got more than 3 billion lei (EUR681 million) capital injections in the first nine months of the year, with most of the money more

10.12.2015

Only 682 brokers are still active on the Bucharest Stock Exchange, one thousand fewer than seven years ago, before the onset of the financial crisis. more

08.05.2015

Development by franchising, which is less costly than opening their own offices, has allowed insurance brokers to cover the entire country and eventually handle almost two thirds of the gross written more

07.07.2015

The Bucharest Stock Exchange (BVB) will allow brokers to get a higher profit from the “market making“ services and will decrease fees for such transactions in order to help them grow the daily more

05.05.2015

Romanian insurance broker Safety Broker on Tuesday said it brokered gross premiums of RON91.3 million (EUR20.6 million) in the first quarter of 2015, up 12% on the year more

01.20.2015

Energy stocks like Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz (SNG.RO) will continue to draw investors’ attention in 2015 and might bring higher yields than the market, thanks to the good more

11.24.2014

Romanian regional investment fund SIF Moldova (SIF2.RO) got the approval of the Financial Supervisory Authority (ASF) to buy a 32.99% stake in Romanian brokerage house SSIF Broker (BRK.RO), in which more

11.06.2014

The Romanian state-owned postal operator's insurance brokerage division, Posta Romana Broker de Asigurare, plans to invest RON6 million (EUR1.35 million) in the first three years of activity and more

08.06.2014

The brokers that handled the biggest transactions on the Bucharest Stock Exchange this year made almost 90 million lei (about EUR20 million) in fees, ZF has calculated. The money went to Swiss more

07.08.2014

Insurance brokers posted an aggregated net profit of 114 million lei (EUR26 million) last year, and the margins of the 15 largest of them ranged from as low as 3% to as much as 75% of the total more

06.03.2014

The seven largest insurers in Romania cut the number of employees by 15% last year, keeping only 9,000, which shows the restructuring process has picked up speed after five years of significant sales more

05.12.2014

The turnover of Romanian brokerage house SSIF Broker (BRK.RO) increased 72% in the first quarter, to RON1.7 million, due to higher revenues from brokerage commissions. more

05.07.2014

Insurance brokerage firm Safety Broker de Asigurare brokered premiums worth over EUR18 million in the first quarter of 2014, up 60% from the corresponding period a year earlier, the company said. more

03.23.2014

Insurance brokerage firm Safety Broker de Asigurare targets a 20% increase in the volume of brokered premiums in 2014, to EUR65 million. more

03.20.2014

Insurance brokerage firm Safety Broker de Asigurare brokered premiums of EUR54.8 million in 2013, up 51% on the year and EUR10 million more than estimated at the beginning of 2013. more

02.14.2014

Romanian brokerage house SSIF Broker (BRK.RO) registered overall revenues of RON27.93 million in 2013, up 61.25% from RON17.32 million in 2012, but switched to loss in 2013, posting negative result of more

01.19.2014

JP Morgan, Citigroup, Goldman Sachs and Morgan Stanley, as well as Deutsche Bank, are interested in assisting with the sale of a 15% stake in Romanian state-run power producer Hidroelectrica, capital more

12.20.2013

A consortium led by Swiss Capital – the largest brokerage on the Romanian market – will be the state’s consultant in the sale of the 46% stake in major telecom operator Romtelecom, according to more

10.29.2013

Romanian insurance broker Safety Broker de Asigurare Tuesday said it brokered premiums of EUR37.68 million in January-September 2013, higher by nearly EUR14 million from the same period a year ago. more

10.29.2013

The Romanian unit of Gras Savoye, one of the world’s largest insurance brokers, has appointed Anca Roscaneanu as general manager. more