VIG: Acquisition of QBE Makedonija completed

Professional ServicesInsurance ♦ Published: April 9, 2013; 13:29 ♦ (Vindobona)

Vienna Insurance Group (VIG) new market leader in Macedonia

VIG: Acquisition of QBE Makedonija completed / Picture: © Vienna Insurance Group / Robert Newald

Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) has concluded the acquisition of a majority stake in QBE Makedonija. VIG has acquired 92.9 percent of the voting rights in the Macedonian company. The remaining shares are in free float. As a result of the transaction the Vienna Insurance Group is now Macedonia’s leading insurer, with a market share of over 20…

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