RENOMIA Enters the Romanian market
09. June 2015
RENOMIA, the leading insurance broker in the Central Europe, member of the biggest international networks, enters Romania.
RENOMIA enters the insurance broker market through acquisition of one of the significant local insurance brokers, through the company SRBA Broker de Asigurare seated in Bucharest. SRBA belongs to the well-known Romanian companies and it has been active on the market since 1998. SRBA disposes with 2 own and 21 franchising branches currently holds 15th place in the ranking among insurance brokers. 60 % of the business consists of the corporate insurance. RENOMIA achieves the majority share in SRBA after the acquisition process.
„Romania is a beautiful and perspective country. We are excited that we have launched our cooperation with our Romanian partners and that we will develop services together in Romania. RENOMIA would like together with Romanian partners invest into the company´s growth and bring further know-how to the clients and employees“ comments this outstanding step Pavel Nepala, Managing Partner of RENOMIA.
RENOMIA will dispose with more than 1 000 colleagues in the Central Europe after this strategic acquisition.