VIG intends bringing to MOLDOVA EU standards

10 November 2014 —
The international Austrian company Vienna Insurance Group (VIG), which in early 2014 has purchased 94% of shares in the Donaris Group insurance company, intends to bring to Moldova the European standards in the sphere of insurance.

Member of the VIG Administrative Board Franz Fuchs said at the Thursday's press conference at Infotag that the VIG has representative offices in 25 countries, while by expanding its network to Moldova the company has gained access to one of the last blank areas on the map of Central and Eastern Europe
Vienna Insurance Group is the leading insurance group in Romania and it notices certain similarities between Moldova and Romania. It became one of the causes why the company decided to come to this market. The local insurance market has been carefully studied and the VIG came to the conclusion that Donaris is a company, which provides a good platform for development of the Vienna Insurance group in Moldova. Taking into account that the company has a good market position in the Republic of Moldova, occupying the 3rd place on the market, Donaris is a suitable company for realization of the VIG development philosophy, said Franz Fuchs.  Read the full story VIG intends bringing to MOLDOVA EU standards
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