The first capital increase, worth RON50 million, was operated on December 2, and on December 3, the Extraordinary General Meeting of Shareholders of Euroins Romania approved and carried out the conversion of two subordinated debts of RON76 million into working capital.
The company said the two subordinated debts were granted in June and August by parent company Euroins Insurance Group. The completion of these economic measures and capital infusions show the long-term commitment of shareholders and investors for Euroins Romania and the Romanian insurance market, company representatives also said.