ABC ASIGURARI
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Banks-Insurance
ABC Asigurari Quits Mandatory Car Insurance Segment
ABC Asigurari no longer sells mandatory car insurance (RCA) policies as of January 1, citing lack of profitable prospects on this segment, the company said in a statement Tuesday.
Banks-Insurance
Competition Watchdog Approves Romstrade's Takeover Of ABC Asigurari
Romania's competition watchdog in June authorized the takeover of insurer ABC Asigurari by construction company Romstrade, owned by Nelu Iordache, for EUR6.7 million.
Banks-Insurance
Businessman Nelu Iordache Signs Agreement To Buy Insurer ABC Asigurari For EUR6.7M
Romanian businessman Nelu Iordache signed an agreement in principle with the shareholders of insurer ABC Asigurari to buy a 98.57% stake in the company for EUR6.69 million.