NORTH MACEDONIA: Makedonija Osiguruvanje to distribute MKD 24.4 million as dividend for 2023

7 May 2024 — Marina MAGNAVAL
North Macedonia's Makedonija Osiguruvanje (Vienna Insurance Group (VIG) will propose to its shareholders to distribute a gross dividend of MKD 34 denars (EUR 0.55) per share for 2023. The insurer plans to distribute MKD 24.4 million as dividend for 2023 in total, SeeNews reports.

The shareholders will vote for the proposal at the meeting scheduled for May 29.

Last year, Makedonija Osiguruvanje paid a gross dividend of MKD 88 per share for 2021 and 2022. It is noted that the insurer's net profit decreased 7.3% y-o-y to MKD 37.1 million in 2023.

Osiguruvanje Makedonija (Vienna Insurance Group AD) is among the biggest insurers in SEE. The company was established as a state-owned insurer in 1945, became part of Austria's Vienna Insurance Group in 2013.

*EUR 1 = MKD 61.59



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