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ASTRA

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Romanian Grampet And Astra Arad Bid To Modernize Budapest Subway
Automotive

Romanian Grampet And Astra Arad Bid To Modernize Budapest Subway

Romanian Electroputere VFU - Reloc Craiova, part of Grampet Group, and Astra Arad are participating as a consortium in an auction organized by the Budapest municipality to modernize the subw...

Ecaterina Craciun · 18.01.2015 · 14:57 · 1 min
Rolling Stock Manufacturers Expect Flat Revenue This Year
Companies

Rolling Stock Manufacturers Expect Flat Revenue This Year

Local rolling stock manufacturers Astra Rail Industries and Craiova-based Softronic, two of the most important in this business, expect revenue to be flat in 2015, since they are only gettin...

Loredana Frățilă-Cristescu · 07.01.2015 · 00:00 · 1 min
Astra's 2013 IFRS Loss Was RON29M Lower Than By Local Reporting Standards
Banks-Insurance

Astra's 2013 IFRS Loss Was RON29M Lower Than By Local Reporting Standards

Romanian insurer Astra Asigurari registered losses of RON888.45 million (EUR200 million) under international financial reporting standards (IFRS), RON28.88 million (RON6.5 million) lower tha...

Oana Gavrila · 09.12.2014 · 15:42 · 1 min
Astra’s Financial Statement Does Not Reflect Reality – Shareholder
Banks-Insurance

Astra’s Financial Statement Does Not Reflect Reality – Shareholder

The financial statement of insurer Astra Asigurari for 2013 carried out by special administrator KPMG Advisory, appointed by financial authority ASF, does not reflect the reality and is arti...

Gabriela Stan · 13.10.2014 · 18:06 · 1 min
Astra Asigurari Raised Share Capital By RON65.1M, To RON257.8M
Banks-Insurance

Astra Asigurari Raised Share Capital By RON65.1M, To RON257.8M

Insurance company Astra (ATRA.RO), owned by Romanian businessman Dan Adamescu and placed under special administration in February, increased its share capital by RON65.1 million, to RON257.8...

Marius Oncu - Mediafax · 03.10.2014 · 19:42 · 1 min
AXA Cancels Sale Of Romanian Operations To Local Insurer Astra
Banks-Insurance

AXA Cancels Sale Of Romanian Operations To Local Insurer Astra

French insurance group AXA has terminated a contract under which it was to sell its Romanian business AXA Life Insurance Romania to local insurer Astra Asigurari and is looking at other stra...

Oana Gavrila · 21.09.2014 · 09:14 · 1 min
Astra Seeks To Raise Share Capital By RON70M By October 1
Banks-Insurance

Astra Seeks To Raise Share Capital By RON70M By October 1

Insurer Astra (ATRA.RO), owned by Romanian businessman Dan Adamescu and placed under special administration in February, will run an offering between September 1 and October 1 hoping to rais...

Oana Gavrila · 29.08.2014 · 18:41 · 1 min
Otelul Galati Paid Astra Insurance Premiums Equal To Tarom’s Premiums In 2012-2013
Banks-Insurance

Otelul Galati Paid Astra Insurance Premiums Equal To Tarom’s Premiums In 2012-2013

First League football club Otelul Galati paid insurance premiums totaling 23.4 million lei (EUR5.3 million) to insurer Astra Asigurari between 2012 and 2013, equal to the sum paid by Romania...

Gabriela Stan · 13.08.2014 · 16:34 · 1 min
ASF: AXA’s Takeover By Astra Conditioned By Astra’s Capital Hike And Financial Recovery
Banks-Insurance

ASF: AXA’s Takeover By Astra Conditioned By Astra’s Capital Hike And Financial Recovery

The transaction through which insurer Astra Asigurari will take over the Romanian division of French group AXA will be approved provided Astra increases its share capital and recovers financ...

Ecaterina Craciun · 06.08.2014 · 11:35 · 1 min