February 21 (SeeNews) - Osiguruvanje Makedonija [MSE:KJUBI], a subsidiary of Vienna Insurance Group, said on Tuesday it has signed eight insurance services contracts with Macedonian state-owned power producer ELEM.
The combined value of the two-year contracts is 410 million denars ($7.03 million/6.67 million euro), Osiguruvanje Makedonija said in a filing to the Skopje bourse.
ELEM has called a tender for insurance services in nine lots, eight of which were awarded to Osiguruvanje Makedonija, the insurer said. It did not elaborate.
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