Company "Wiener Stadtische" to have business center worth 50m EUR built in Belgrade

Insurance company "Wiener Stadtische" announced today (June 14, 2008) that its mother company from Vienna, "Vienna Insurance Group", would start construction of business center in Belgrade - "VIG Plaza", in which 50m EUR would be invested.

That will be the largest individual investment of some insurance company in Serbia.

Insurance company "Wiener Stadtische" Belgrade was founded in 2003, as a "greenfield" investment of Austrian group "Vienna Insurance Group".

The company managed to reach the fourth position on the overall insurance market in Serbia and became leader in field of life insurance in a very short time.