Vienna Insurance Group in the Czech Republic: Kooperativa is the best enterprise in the financial sector
Kooperativa, the leading Group company of Vienna Insurance Group in the Czech Republic, has been awarded as the best enterprise in the financial sector in the prestigious contest “ČESKÝCH 100 NEJLEPŠÍCH” (“Czech Top 100”). Surpassed only by the well-established car manufacturer Škoda, Kooperativa has been placed second in the total ranking.
The contest “ČESKÝCH 100 NEJLEPŠÍCH” pays tribute to successful Czech enterprises and highlights their valuable contribution to the overall economic development.
“I congratulate our colleagues in the Czech Republic on this great success. The second rank in this renowned contest is a sign of the much-deserved recognition of the outstanding accomplishments and commitment of the entire team. Insurance means confidence, and as the results of this survey show, customers and business partners trust the brand Kooperativa”, stressed Peter Hagen, General Manager of Vienna Insurance Group.
Number one in the Czech Republic
Vienna Insurance Group has been active in its core market since the year 1990. Holding a total market share of 33.0 percent, the Group companies are the undisputed number one in the Czech insurance market. Kooperativa, ČPP as well as PČS earned premiums of about EUR 1.3 billion and a profit (before taxes) of approximately EUR 144.9 million in the first three quarters of 2013.