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Bulgaria's Euroins, BAEZ to stop operations in Denmark

Author Mario Tanev
Bulgaria's Euroins, BAEZ to stop operations in Denmark Financial Supervision Commission/All rights reserved.

SOFIA (Bulgaria), October 18 (SeeNews) - Bulgarian insurance companies Euroins and Bulgarian Export Insurance Agency - BAEZ, intend to stop operating in Denmark, according to data from Bulgaria's Financial Supervision Commission (FSC).

Bulgaria's financial regulator has informed its Danish peer of the two companies' plans, the FSC said in a statement on Thursday.

Euroins is majority-owned by financial and insurance group Eurohold Bulgaria [BUL:4EH], while BAEZ is 100% state-owned.

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