11.17.2015

Allianz-Tiriac Asigurari underwrote gross premiums of RON776 million in January-September 2015, up 6.4% on the year, while its operating profit reached RON54.4 million, the company said in a statement more

10.27.2015

The transaction whereby Italian group UniCredit bought the stake held by businessman Ion Tiriac in Unicredit Tiriac Bank, for over $770 million, is the largest operation on the mergers and more

09.16.2015

A company part of Tiriac Imobiliare, the real estate division of businessman Ion Tiriac, has acquired full control of the Buzesti Center office space project near Piata Victoriei (downtown Bucharest). more

08.28.2015

Businessman Ion Tiriac says he has no intention of exiting Metro Cash & Carry and Allianz Tiriac after having sold his stake in UniCredit Bank, because with the bank the decision was made ten years more

08.18.2015

UniCredit Tiriac Bank is changing its name into UniCredit Bank Tuesday, after UniCredit Bank Austria had bought 45% of UniCredit Tiriac Bank SA from Tiriac Holdings, controlled by Romanian businessman more

08.13.2015

Allianz-Tiriac Asigurari on Thursday said it underwrote gross premiums of RON530 million in January-June 2015, up 7.3% on the year, mainly due to increases on the non-auto segment. more

07.30.2015

UniCredit Tiriac Bank will grant financing of EUR28 million to Valvis group, run by businessman Jean Valvis, of which nearly EUR18 million for Carpathian Springs, the bottling firm of Aqua Carpatica. more

07.16.2015

Insurer Allianz-Tiriac named Dana Lemnaru as human resources manager, replacing Adina Tudor. more

07.14.2015

Insurer Allianz-Tiriac posted assets worth 2.3 billion lei (nearly EUR515 million) in 2014, up 13% compared with 2013, fueled by the growth of financial investments and intangible assets, the company more

06.19.2015

Tiriac Holdings will become a direct competitor via Tiriac Energy to the major gas and diesel retailers in Romania by building a discount gas station network over the next three years. more

06.05.2015

The UniCredit group, which will take over the 45% stake of businessman and former tennis player Ion Tiriac in UniCredit Tiriac Bank this month, was bound to buy it at a multiple of 3.6 to 3.8 of the more

06.04.2015

UniCredit Bank Austria AG bought the 45% stake in UniCredit Tiriac Bank from Tiriac Holdings for an undisclosed amount. Romanian businessman Ion Tiriac thus exits the bank he founded back in 1991. more

05.25.2015

Insurer Allianz-Tiriac had revenues of RON274.4 million from general and life insurance in the first quarter, up 6% on the year, and an operating profit of RON14.9 million, up 39% compared to the same more

05.21.2015

Tiriac group is in talks to rent the Ford center in Metro Baneasa area, held by Automotive Trading Services (ATS), the dealer of the brand in the northern part of Bucharest. more

05.12.2015

UniCredit Tiriac Bank’s net profit dropped 26.8% to 52.8 million lei (EUR11.9 million) in the first quarter of 2015, from RON72.1 million in the year-earlier period. more

03.10.2015

Allianz-Tiriac Asigurari targets underwriting revenue of more than RON1 billion this year, from RON990.8 million in 2014, company general manager Remi Vrignaud said in a press release Tuesday. more

02.26.2015

Romanian insurer Allianz-Tiriac Asigurari underwrote 6.2% higher premiums on the year in 2014, to EUR222 million, according to data provided by German group Allianz. more

02.12.2015

UniCredit Tiriac Bank's net profit rose 7% in 2014, to RON80.3 million, and total operating revenue declined 2.1%, to RON1.3 billion, the bank, part of Italian group UniCredit, said in a statement more

12.23.2014

Tiriac Imobiliare, the real estate unit of businessman Ion Tiriac, is set to invest EUR30 million in an office building in Buzesti street, near Bucharest’s Victoriei Square. more

12.16.2014

Clubul Rezidential Stejarii (Stejarii/Oak Trees Residential Club) developed by businessman Ion Tiriac in the Baneasa Forest in northern Bucharest has reached 75% occupancy, four years from completion, more

11.26.2014

Romanian insurer Allianz-Tiriac Asigurari underwrote premiums of RON729.7 million on the general and life insurance segment in the first nine months of 2014, up 8% on the year, while its operating more

09.08.2014

Romanian insurer Allianz-Tiriac nderqrote premiums of RON494.1 million in the first half of the year, up more than 6% on the year, while its consolidated operating profit doubled to RON20.7 million, more

08.06.2014

Romania’s UniCredit Tiriac Bank on Wednesday said its net profit fell 42% to 121.33 million lei (EUR27.4 million) in the first half, from roughly RON209.6 million a year earlier. more

08.05.2014

UniCredit Tiriac Bank has reached an agreement with Royal Bank of Scotland Romania to acquire the latter’s corporate business, pending regulatory authorizations, the two lenders said in a joint more

08.01.2014

Dragos Dinu is one step away from taking the position of chief executive officer of Tiriac Holdings, a group of more than 40 companies in automotive, real estate, aviation, retail, energy and more