Vienna Insurance Group Expands in Albania

Businessn.a. ♦ Published: December 6, 2010; 10:35 ♦ (Vindobona)

The Acquisition of Interalbanian by the biggest Austrian Insurance company is successfully completed.

Vienna Insurance Group Expands in Albania / Picture: © Vienna Insurance Group / WIENER STÄDTISCHE Versicherung AG

The Vienna Insurance Group AG Wiener Versicherung Gruppe has become the new majority shareholder of the Albanian insurance company Interalbanian Sh.A. thereby significantly expanding its market position in this country. The official closing of the transaction took place on 3 December.

The Vienna Insurance Group has been active in Albania since 2007 via its…