Allianz-Tiriac Asigurari received the necessary approvals from Romania's Financial Supervisory Authority (ASF) for the transfer of its portfolio to Allianz-Tiriac Unit (formerly known as Gothaer Asigurari Reasigurari) in the context of the merger through absorption.
IULIUS Group will be investing approx. EUR28 million in its third Family Market convenience retail project to be developed in the commune of Tomesti, Iasi County.