RENOMIA acquired majority stake in Latvian R&D

Published: 18.12.2020 Related countries:  Czech Republic Czech Republic, Latvia Latvia

Czech based company of RENOMIA invested in Latvia. RENOMIA is the leading international provider of insurance and risk management.

RENOMIA, an insurance broker in Central and Eastern Europe, has acquired a majority stake in R&D APDROSINASANAS BROKERS (R&D), based in Riga. Latvia thus becomes the eighth country in the region of Central and Eastern Europe in which the company has its direct representation. The company's investments are directed e.g. into digitalisation, expansion of services and strengthening of its market position.

Source: ČIA NEWS, December 18th, 2020
Compiled by the team of CzechTrade office in Riga.