Insurance Post

Vienna Insurance merges Bulstrad and Bulgarski Imoti

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The Vienna Insurance Group plans to merge its two non-life insurance subsidiaries Bulstard and Bulgarski Imoti in order to strengthen its market presence in Bulgaria and make better use of synergies.

The merger is expected to be completed during the first half of 2012, pending legal and regulatory approval. After the merger the Vienna Insurance Group will offer all services in Bulgaria, one of its

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