Stocks of insurance company "Triglav" soon on stock exchange

(Andrej Kocič)

Government of Slovenia has decided that it will keep 25% plus one stock of insurance company “Triglav” in the forthcoming privatization process. As the President of the Administrative Board of “Triglav” group, Andrej Kocič, explained, that move will enable the state to keep the influence on strategic decision making in insurance company "Triglav".

- According to the decision of the Government of Slovenia, stocks that should have been distributed among the citizens will be transferred to the pension fund. Insurance company Triglav has more than 30,000 stockholders – said Kocič.

He announced that the trade in stocks of “Triglav” group on stock exchange should commence by the end of year 2007 or at the beginning of the next year.

Slovenian group "Triglav" bought Belgrade-based "Kopaonik osiguranje" in 2006, and it founded Company for Pension Fund Management "Triglav penzijski fond" in Serbia in June 2007.