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Vienna Insurance eyes complete control over Moldavian insurer Donaris

July 14, 2014 - 6:00am

Vienna Insurance Group A.G., which holds about 94% stake in Moldavian insurer Donaris Group, is planning to acquire the remaining 6% stake, the official publication of the supervisory authority revealed.

Donaris, the fourth-largest nonlife insurer in Moldova, recorded a 41% year-on-year increase in premiums to 27 million Moldovan leu ($2 million) in the first quarter of 2014, Xprimm reported.

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