Vienna Insurance Group Merges Bulgarian Subsidiaries

Professional ServicesInsurance ♦ Published: October 5, 2011; 12:36 ♦ (Vindobona)

The Austrian insurance corporation intends to strengthen its market presence via the merger of Bulstrad and Bulgarski Imoti,

Vienna Insurance Group Merges Bulgarian Subsidiaries / Picture: © Vindobona.org

The Vienna Insurance Group will strengthen its market presence in Bulgaria and consequently make better use of synergies. The plan is to merge the two non-life insurance companies Bulstrad and Bulgarski Imoti into a powerful company. In future, the Vienna Insurance Group will offer its services under the Bulstrad brand as the leading non-life insurance company in Bulgaria – subject to…