Weather Gets Colder Across Romania
Meteorologists said the weather will get colder across Romania, between October 3 and 6, and it will rain temporarily in western, central and northern regions.
Starting Tuesday (October 4), rains will turn into sleet and snowfall.
In mountainous areas, starting October 4, rain will turn into sleet and snow, mainly in northern regions. In some areas and for a short period of time, there will be sleet and snowfall in the western region, in Maramures, in northern and eastern Transylvania, as well as in northern Moldavia.
The wind will blow harder in most regions and will exceed 50-60 km per hour in western, south-western regions and in the mountain.(Adevarul)
RCA Policies Generated Massive Loss For Insurance Companies In 2015
Romania’s insurance market ended 2015 with a loss of RON267.6 million, according to data released by the Financial Supervisory Authority (ASF).
Most losses were reported by companies with high exposure on the market of civil liability car insurance policies RCA. Euroins registered the worst results in 2015, posting loss of nearly RON300 million. Euroins is followed by Carpatica Asig, with a loss of RON204.4 million in 2015, LIG Insurance (loss of RON51.4 million), Asirom – Vienna Insurance Group (loss of RON50.5 million) and Axa Life Insurance (loss of RON45.4 million). Also, Gothaer Asigurari ended 2015 with a loss of RON25.1 million, FATA Asigurari posted a loss of RON10.5 million and City Insurance reported a loss of RON10.5 million.
According to ASF, 16 of the 36 insurance companies in Romania registered cumulative loss of RON734.6 million, while the profit of the other 20 companies stood at RON466.97 million.
At the opposite pole, last year, the most profitable insurers on the Romanian market were Metropolitan Life, with a positive result of RON178.2 million, Allianz Tiriac (RON81.75 million), Generali Romania (RON68 million), BCR Asigurari de Viata (RON21.7 million), PAID (RON21 million), NN Asigurari (RON18.6 million), Omniasig VIG (RON15.8 million) and BRD Asigurari de Viata (RON14 million). (Adevarul)
Economic Operators Complain About Conditions Offered By CFR
Romania’s state-owned railway operator CFR SA imposes huge financial demands on economic operators, but offers poor quality services.
Apart from being imposed a speed below 17 km per hour, economic operators choosing to operate on public railways are obliged to pay at least 20 fees and charges. Beside the fee for the usage of public rail infrastructure, CFR imposes 20 more fees on private operators.
The list of tariffs for connected activities also includes a series of aberrant fees charged by CFR, which offers poor services instead.(Evenimentul Zilei)
2016 Summer Season, The Most Successful For Travel Agencies
The National Association of Tour Operators (ANAT) said sales of vacation packages for destinations in Romania, through travel agencies, rose on average 15% this summer, compared with the summer of 2015.
The Danube Delta, the Black Sea and Baile Felix were the most sought-after destinations by tourists in 2016, with an occupation rate of nearly 100% for several weeks and for at least three days of holiday.
Tourism consultants said Romanian tourists are slowly beginning to rediscover Romania, after avoiding it for years.
According to ANAT, this summer, the Danube Delta saw an increase of 20% in sales of vacation packages, compared with 2015, while sales for mountainous resorts remained unchanged compared with last year. (Puterea)
Klaus Iohannis Says Romania Needs A Political Government For Next Four Years
President Klaus Iohannis on Monday said Romania needs a political government for the next four years.
Iohannis said a technocrat government is needed “only in special situations” and for a limited period of time.
He added the 2016 – 2020 period is limited by the political mandate and needs a political government. (Puterea)