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UNIQA enters the Hungarian market The UNIQA Group has concluded a purchase agreement with the Spanish owners of “Agrupacion Funeuropa Biztosito Rt.“ to take over 100% of the share capital of this Hungarian insurance company.  UNIQA Chairman Dr. Konstantin Klien comments on this entry into the Hungarian market. “With this new sister company we have access to a very important and well developed target market and by using and expanding existing resources we can move much faster than if we had to found a new company.”“Agrupacion Funeuropa Biztosito Rt.” was founded in 1999 and currently has about 30,000 customers. The UNIQA Group’s next targets in Hungary are to extend marketing activities to cross-selling, the development of the product range and – as a second stage – getting into the quickly growing market for life assurance. 26. July 2002 UNIQA Group Austria Press Service Untere Donaustrasse 21 1029 Vienna Tel.: (+43 1) 211 75-3414 Fax.: (+43 1) 211 75-3619 Mobil: (+43 664) 112 02 37 E-Mail: presse@uniqa.at
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 UNIQA acquires Funeuropa |
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