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Vienna Insurance Group Becomes Market Leader in Macedonia

Published: September 17, 2012; 16:53 · (Vindobona)

After the acquisition of QBE Makedonija, Vienna Insurance Group ranks first in the Macedonian insurance market.

Vienna Insurance Group Becomes Market Leader in Macedonia / Picture: © Vienna Insurance Group

Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) has signed an agreement to take a majority stake in Macedonian insurer QBE Makedonija, making the Group number one on the country's insurance market.

VIG will acquire around 75 percent of the voting rights in the company. Thanks to this latest acquisition, the Group will become the market…

This article includes a total of 318 words.

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