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Vienna, Scania In Sales Cooperation Agreement

To strengthen growth opportunities and reinforce strategic position in Central and Eastern European region

Vienna Insurance Group has signed a long-term cooperation agreement with Scania CV, Scania Financial Services for the brokerage and conclusion of motor insurance. This agreement is expected to further enhance Vienna’s cross-border sales activities in Central and Eastern Europe.

The sales cooperation currently covers a total of eight countries, comprising Vienna’s six core markets Bulgaria, Croatia, Poland, Slovakia, Serbia and the Czech Republic, as well as Italy and the Ukraine, the company reported.

Günter Geyer, CEO of Vienna Insurance Group, said: “The expansion of our cross-border distribution channels allows us to further strengthen growth opportunities and reinforce our strategic position in Central and Eastern European markets. We view such cooperations as an important part of our strategy to consolidate and expand our excellent position in this region. It will allow our Group companies to develop even further and place them in a position to offer customers insurance solutions as well as comprehensive service in conjunction with Scania. Moreover, our objective is to extend this cooperation to additional countries.”