CEE News

Market highlights

Best of 2014. VIG’s most important acquisitions, events and successes in the CEE region.

Entry into the Moldovan market.

After receiving official approval, VIG completed its acquisition of the Moldovan insurance company Donaris in April 2014 to fill the last gap in its coverage of the CEE region. Donaris was founded in 1998, has its registered office in the capital city of Chisinau, and focuses on the area of non-life insurance.

Integration of Vienna Life Biztosító.

After announcing the acquisition in December 2013, the Hungarian life insurer AXA Biztosító Zrt. was renamed “Vienna Life Vienna Insurance Group Biztosító Zrt.” in September 2014 and successfully integrated into Vienna Insurance Group.

20th anniversary of Bulstrad Life, Bulgaria.

20th anniversary of Bulstrad Life, Bulgaria (photo, © Bulstrad Life, Ivo Petkov)

The Bulgarian VIG company could look back on a successful history as it celebrated its twentieth anniversary in December 2014. It is the second largest life insurer in the country, with a market share of more than 17%.

Acquisition of Skandia Poland.

After obtaining official approval, VIG concluded its acquisition of the life insurance company Skandia Poland in May 2014, thereby further strengthening its position in Poland.

Komunálna receives Slovak Gold Exclusive award.

Komunálna receives the Slovak Gold Exclusive award (photo, © Peter Krajmer)

The Slovak Gold Foundation honours the best, most successful Slovakian companies each year for their sustainable economic performance. Only two companies received this coveted award in 2014 including Komunálna.

“Golden Crown” for Kooperativa and PČS, Czech Republic.

The two Czech VIG companies Kooperativa and PČS received numerous awards in the prestigious “Zlatá koruna” (“Golden Crown”) competition. Seven of the nine possible awards went to Kooperativa and the remaining two were received by PČS.