Groupama increased BT Asigurari share capital by 63%

Groupama controls 90 percent of BT Asigurari, following a €100 million transaction late last year.

BT Asigurari posted €32.2 mln in losses for 2007, some 15 times higher year-on-year, according to the company’s annual report released on Wednesday. BT Asigurari currently ranks 10th on the local market, with a 3.8 percent share.
Groupama also owns insurers Asiban and OTP Garancia in Romania. (NewsIn)