VIG: „We Will Clean Up Merciless“

Published: November 28, 2013; 21:44 · (Vindobona)

Yesterday, the Austrian insurance group VIG (Vienna Insurance Group) published surprisingly bad results. In Italy and Romania, VIG has a lot of work to do.

VIG: „We Will Clean Up Merciless“ / Picture: © Flickr

At the moment, VIG has to manage a number of challenges. For the insurance group, there are four trouble spots in Poland, Italy, Romania and Bulgaria. CEO Peter Hagen underlines that VIG´s management will clean up merciless.

In Poland, the management of the local affiliate had to be changed. The performance of the Polish subsidiary was satisfying. Nevertheless, there were too…

This article includes a total of 442 words.

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