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Two of VIG's North Macedonia units complete merger

Feb 21, 2024, 3:35:52 PMArticle by Dragana Petrushevska
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February 21 (SeeNews) - North Macedonia's insurer Makedonija Osiguruvanje [MSE:KJUBI], part of Austria's Vienna Insurance Group (VIG), said on Wednesday it has absorbed Winner, VIG's other unit in the country.

Two of VIG's North Macedonia units complete merger

The merger was registered by the country's Central Registry, the insurer said in a bourse filing.

Makedonija Osiguruvanje's shares last traded on the Macedonian Stock exchange (MSE) on February 6, at an average price of 1,237 denars ($21.7/20.1 euro).

The Austrian group also has a third unit in North Macedonia - Winner Life.

(1 euro = 61.62 denars)

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