The FINANCIAL — The Vienna Insurance Group AG Wiener Versicherung Gruppe has signed an agreement to acquire approximately 94 percent of the insurance company Societatea de Asigurări-Reasigurări “Donaris Group” S.A. (“Donaris“), which has its head office in the Republic of Moldova, according to Vienna Insurance Group.
"By entering the Moldovan market, we have expanded the Vienna Insurance Group’s network to 25 countries and gained access to one of the last blank areas on our map of Central and Eastern Europe," said Peter Hagen, CEO of the Vienna Insurance Group. "Donaris provides a good platform for positioning in the insurance market in Moldova," he added.
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