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Financial Highlights

 

 

TBIH Shareholders

TBIH is held 60% by Vienna Insurance Group and 40% by Kardan Financial Services BV.

Vienna Insurance Group is the leading Austrian insurance group in Central and Eastern Europe. Among the international competitors, Vienna Insurance Group is among the market leaders.

Outside its Austrian home market, the Vienna Insurance Group operates (through subsidiaries) in Albania*, Belarus, Bulgaria, Croatia, the Czech Republic, Georgia, Germany, Hungary, Liechtenstein, Macedonia*, Poland, Romania, Russia, Serbia, Slovakia, Turkey and Ukraine. Branch offices are maintained in Italy and Slovenia.

The Vienna Insurance Group is among the market leaders in Austria, the Czech Republic, Slovakia, Romania, Bulgaria, Albania* and Georgia.

* subject to Due Diligence and regulatory approvals

-          Gross written premiums of EUR 5.9bn (approximately 38% generated outside Austria), EUR 22.5 bn assets, EURO 2.3bn equity

-          Listed on the prime market segment in of the Vienna Stock Exchange, market cap of approximately EURO 5.6 billion.

The parent company of Vienna Insurance Group, WIENER STÄDTISCHE Versicherung AG Vienna Insurance Group, is rated A+ by S&P.

www.viennainsurancegroup.com

Kardan Group

 

An investment holding company of Israeli origin

Listed on Euronext and the Tel Aviv Stock Exchange

Active in Central and Eastern Europe since 1994

-          GTC International - a major real estate developer in Poland, Romania, Hungary, Czech Republic, Croatia and Serbia (IPO on the Warsaw Stock Exchange(1), valuing the company at US$1.2b)

-          TBIH Financial Services Group via Kardan Financial Services BV, 'KFS', (formerly Herfstzon Beheer BV)

 

Typically investing in partnership with major international financial institutions and corporations.

www.kardan.com


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