Austria’s VIG Gets Tired Of Losses, Moves To Harsh Restructuring Steps In Romania

08.19.2014 By Anelis Baciu

Austrian insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Viata in Romania, wants to put an end to its losses on the local market and decided to implement a set of harsh restructuring steps, as outlined in an action plan presented to the General Meeting of Shareholders in June.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: vig; , restructuring; , loss; , action

Comment

Username:
Password: