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Printed from: http://petersburgcity.com/news/business/2001/08/03/news655/|
Business news, 03.08.2001 15:23
Insurance company RESO-Garantiya bought Petrovskaya Insurance Group.At the moment RESO-Garantiya owns 55% of shares, ÎÀÎ Petrovsky Narodny Bank - 20%, and Petrovskaya Insurance Group managers - 25%.
Controlling stakes of both Petrovsky Bank and RESO-Garantiya belong to the MDM-Bank and MDM Group, so it is a simple redistribution of capital within MDM business.
Authorized capital of companies joining Petrovskaya Insurance Group is $3 million 500 thousand. Petrovskaya Insurance Group consists of North-Western Insurance Company, Insurance company Colonna, Saint Petersburg Reinsurance Company and Insurance Medical Company Medstrakhkom.
Authorized capital of RESO-Garantiya amounts to $11 million 600 thousand. North-Western Regional Centre consists of North-Western branch of RESO-Garantiya (Saint Petersburg), Moskovsky branch (Saint Petersburg, in charge of 7 agencies in the Leningrad Region), Karelian branch (Petrozavodsk), Vyborg branch (Vyborg), Murmansk branch (Murmansk).
In April, 2001 MDM-Bank, Petrovsky Narodny Bank, RESO-Companiya and Petrovskaya Insurance Company declared about establishment of the North-Western insurance alliance. They are going to implement joint projects in the financial-credit sphere and provide insurance activities.
News source: IA "Rosbalt"
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