Analysis & Interviews

The Corona crisis, high inflation and uncertainties caused by the war in Ukraine have been impacting the global economy in the past year.How is the insurance market in Southeast Europe (SEE) evolving in these circumstances?

Vlora Marina, a symbol of modernity in Albania, is triggering interest with its visionary architectural concept and extraordinary potential. It enjoys a prime location in Vlora, placed between the Adriatic and Ionian seas, offering stunning views of Italy and proximity to Corfu.

The NGEU is a temporary funding instrument of the European Union designed to mobilise up to 723 billion euro in grants and loans to encourage investments and structural reform measures.

We are proud to be one of the largest banks in this part of Europe. Our geography is Romania, so we have continued to be the main lender of the local economy throughout all these years, targeting almost all sectors of activity.

Euroins Insurance Group AD (EIG) is an independent insurance group in Central and Southeast Europe (CESEE). It is part of Eurohold, a leading holding company in the region, also owner of Electrohold, a large energy group in Bulgaria.

In 2022, Sirma achieved a growth rate of 25.8%, which is a significant success. The year proved strong with business recovery after COVID-19, as Sirma won several new customers and expanded into new markets.

We expect economic activity to gain momentum next year. Our economists at UniCredit Bulbank forecast real GDP growth to accelerate to 2.9% year-on-year next year, as compared to 1.9% anticipated in 2023.

BALFIN Group maintained a steady growth throughout 2022, with our banking, real estate and retail industries leading the way, despite the fluctuations on the international markets.Our economic activity increased by 11% as compared to the previous year. We served over 80,000 clients every day,