04.23.2012

MedLife, the largest private medical service operator on the local market, controlled by the Marcu family, is branching out into the private insurance market with MedLife Broker Asigurare Reasigurare. more

03.21.2012

Policyholders may refer complaints regarding insurance contracts to the brokers that negotiated the deal, and the latter will settle problems amiably, Romanian insurance regulator CSA president more

02.15.2012

Brokerage firm SSIF Broker (BRK.RO) reported a loss of 15.39 million lei (EUR3.54 million) for 2011, compared to a net profit of RON6.65 million in the previous year. more

02.06.2012

The Romanian Transport Ministry has published an auction announcement to select a broker to manage the privatization of freight railway operator CFR Marfa. more

12.08.2011

A consortium formed of Raiffeisen Capital&Investment, BT Securities and Czech brokerage firm Wood&Co was the sole bidder in the auction for a broker to intermediate the sale of a 15% stake in more

12.07.2011

Insurance brokers in Romania brokered premiums of 2.39 billion lei (EUR549 million) in the first nine months of 2011, up 3.6% on the year, whose weight in the overall insurance market increased by 2.8 more

11.23.2011

The Board of Romanian brokerage house SSIF Broker Cluj (BRK.RO) reconsidered a decision to dismiss general manager Grigore Chis, less than one month after his suspension. more

11.14.2011

Romania’s Economy Ministry on Monday signed a contract with the consortium set to broker the sale of a 15% stake in power grid operator Transelectrica (TEL.RO). more

10.24.2011

The ousted general manager of brokerage firm SSIF Broker (BRK.RO) on Monday said he considers the managing board’s decision, to dismiss him, an abuse and he will challenge this action in court. more

10.24.2011

The managing board of Romanian brokerage firm SSIF Broker (BRK.RO) decided to dismiss general manager Girgore Chis, as a disciplinary measure, according to a report published on the Bucharest bourse. more

09.30.2011

KBC Securities, the largest brokerage firm on the Romanian capital marmet, previously held by Belgium’s KBC, is now controlled by Bogdan Juravle and Sorin Apostol, each holding 47.5% of the capital, more

08.02.2011

Romanian brokerage house SSIF Broker (BRK.RO) Tuesday revised downward its 12-month target price for lenders BRD-Groupe Societe Generale (BRD.RO) and Banca Transilvania (TLV.RO), citing unfavorable more

07.28.2011

Companies affiliated to banks and to leasing companies control the insurance brokerage market, as access to an extensive territorial network and exclusivity over hundreds of thousands of leasing more

07.20.2011

Romanian brokerage firm SSIF Broker (BRK.RO) on Wednesday bought a 10% stake in pots and stoves maker Ves Sighisoara (VESY.RO) for 796,000 lei (EUR188,000). more

06.30.2011

Grigore Chis, general manager of SSIF Broker Cluj (BRK.RO), says that traditional brokerage, where brokers advise clients, is about to disappear. Professional investors will trade directly through more

05.13.2011

Romanian brokerage firm SSIF Broker Cluj-Napoca (BRK.RO) Friday reported a net profit of 2.2 million lei (EUR536,000) for the first quarter, up 90% from RON1.2 million in the similar period a year more

05.06.2011

Romanian brokerage house SSIF Broker (BRK.RO) Friday recommended increasing its share capital by 12.3 million lei (EUR2.98 million) to RON84.6 million, by including last year’s profits and part of more

03.28.2011

Romanian brokerage firm SSIF Broker (BRK.RO) Monday said it will use last year’s net profit of 6.6 million lei (EUR1=RON4.0881) for investment, reserves and bonuses for staff and management. more