VIENNA INSURANCE GROUP: MARKET ENTRY IN BOSNIA-HERZEGOVINA THROUGH THE ACQUISITION OF JAHORINA

The Vienna Insurance Group AG Wiener Versicherung Gruppe has signed a contract to acquire a majority stake in the insurer Jahorina Osiguranje AD Pale (Jahorina). After the closing of this transaction, the leading insurance group in Central and Eastern Europe will be represented in 25 markets in the region. 

The Vienna Insurance Group AG Wiener Versicherung Gruppe has signed a contract to acquire a majority stake in the insurer Jahorina Osiguranje AD Pale (Jahorina). After the closing of this transaction, the leading insurance group in Central and Eastern Europe will be represented in 25 markets in the region.

The Vienna Insurance Group acquires approximately 88.5 percent of the capital respectively approximately 92 percent of the voting shares. The acquisition is subject to regulatory approvals.