February 22 (SeeNews) - North Macedonian insurance company Osiguruvanje Makedonija - Vienna Insurance Group (VIG) said that it has signed insurance contracts worth a total of 319.2 million denars ($5.9 million/5.2 million euro) with state-owned electricity company ELEM.
The contracts have a two-year term, Osiguruvanje Makedonija - VIG said in a bourse filing on Thursday.
Osiguruvanje Makedonija, set up as a state insurer in 1945, became part of VIG in 2013. The Austrian group is also present on the Macedonian insurance market through Winner and Winner Life.
(1 euro = 61.57 denars)
Osiguruvanje Makedonija - Vienna Insurance Group AD is among the biggest insurers in SEE. You can download our SEE Top 100 ranking
here or subscribe to our free Top 100 newsletter
here