Vienna Insurance Group acquires majority stake in Moldasig, becoming Moldova’s leading insurer

Vienna Insurance Group acquires majority stake in Moldasig, becoming Moldova’s leading insurer

(IN BRIEF) Vienna Insurance Group (VIG) has acquired 80% of Moldasig following a successful public auction, making it the market leader in Moldova with around 30% share. The Share Purchase Agreement with the Moldovan state finalises VIG’s acquisition plan announced earlier this year, with closing expected shortly pending regulatory clearance. Deputy CEO Peter Höfinger said the move underlines VIG’s commitment to supporting Moldova’s economy, society, and European integration path. VIG has been present in Moldova since 2014 through Donaris, which already serves more than 120,000 customers.

(PRESS RELEASE) VIENNA, 27-Aug-2025 — /EuropaWire/ — Vienna Insurance Group (VIG) has successfully won the public auction for the acquisition of an 80% stake in MOLDASIG S.A. (Moldasig), solidifying its position as the leading insurer in the Republic of Moldova. With this transaction, VIG is set to command an estimated 30% market share in the Moldovan insurance sector.

The agreement follows VIG’s May 2025 announcement of its intention to acquire Moldasig, one of the country’s largest non-life insurers. The signing of the Share Purchase Agreement with the Moldovan state now formally brings that intention to life. The deal is expected to close in the coming days, subject to standard conditions including notification of the Moldovan competition authority.

“This acquisition demonstrates our strong commitment to the Republic of Moldova,” said Peter Höfinger, Deputy CEO of VIG and Managing Board Member responsible for Moldova. “Our strategic objective is to contribute to the better service of the Moldovan economy and its citizens by further strengthening the insurance sector. We are confident in Moldova’s European integration trajectory and intend to apply our international expertise to enhance stability and risk protection for the benefit of society at large. We also commend the Moldovan authorities for their transparent and professional handling of the process and thank them for placing their trust in VIG as a long-term partner.”

VIG has been active in the Moldovan market since 2014, when it acquired the insurance company Donaris, which today serves more than 120,000 customers nationwide. By combining Moldasig’s strong market presence with VIG’s long-standing expertise, the Group aims to further support the development of the Moldovan insurance market and strengthen risk protection for businesses and individuals.

Vienna Insurance Group (VIG) has successfully won the public auction for the acquisition of an 80% stake in MOLDASIG S.A. (Moldasig), solidifying its position as the leading insurer in the Republic of Moldova. With this transaction, VIG is set to command an estimated 30% market share in the Moldovan insurance sector.

The agreement follows VIG’s May 2025 announcement of its intention to acquire Moldasig, one of the country’s largest non-life insurers. The signing of the Share Purchase Agreement with the Moldovan state now formally brings that intention to life. The deal is expected to close in the coming days, subject to standard conditions including notification of the Moldovan competition authority.

“This acquisition demonstrates our strong commitment to the Republic of Moldova,” said Peter Höfinger, Deputy CEO of VIG and Managing Board Member responsible for Moldova. “Our strategic objective is to contribute to the better service of the Moldovan economy and its citizens by further strengthening the insurance sector. We are confident in Moldova’s European integration trajectory and intend to apply our international expertise to enhance stability and risk protection for the benefit of society at large. We also commend the Moldovan authorities for their transparent and professional handling of the process and thank them for placing their trust in VIG as a long-term partner.”

VIG has been active in the Moldovan market since 2014, when it acquired the insurance company Donaris, which today serves more than 120,000 customers nationwide. By combining Moldasig’s strong market presence with VIG’s long-standing expertise, the Group aims to further support the development of the Moldovan insurance market and strengthen risk protection for businesses and individuals.

Disclaimer
This press release contains forward-looking statements that concern future developments in Vienna Insurance Group (VIG). These statements are based on current assumptions and forecasts made by the management. Changes in general economic developments, future market conditions, capital markets and other circumstances could result in actual events or results differing significantly from these forward-looking statements. The VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe assumes no obligation to update these forward-looking statements or modify them based on future events or developments.

Media Contact:

Karin Kafesie
Schottenring 30, 1010 Vienna
Phone: +43 50 390-21211
mailto: karin.kafesie@vig.com

SOURCE: VIENNA INSURANCE GROUP AG

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