The two sides exchanged views on the recovery of the economy in the post-Covid period, the opportunities for new investments and Eurohold's existing activity in Greece
On September 16th, 2021 in Athens, Kiril Boshov, Chairman of Management Board of Eurohold and CEO of Euroins Insurance Group, met with the Minister of Development and Investment, Mr. Adonis Georgiadis. On the agenda of the discussion that took place in a particularly good atmosphere, the two sides exchanged views on the recovery of the economy in the post-Covid period, the growth prospects and the opportunities for new investments, while they also discussed the Eurohold's existing activity in Greece. Eurohold Bulgaria entered the Greek market in 2014 with Euroins AD - a member of Euroins Insurance Group (EIG) which operates in 14 countries - and evolved into a steadily growing reliable insurance company that recently received the BS EN ISO 9001:2015 certification for its claims management system from Lloyd's Register.
Of particular interest was the discussion of investment projects in the field of RES (Renewable Energy Sources), taking into account that Eurohold Bulgaria recently completed the acquisition of CEZ Bulgaria, the largest energy supplier and electricity distributor in the country, while it continues to seek growth opportunities in energy in other countries. Kiril Boshov also pointed out the importance of the EIG's strategic agreement with the European Bank for Reconstruction & Development (EBRD) which will invest €30 million in EIG and acquire a minority stake in the EIG. EBRD has already co-financed the acquisition of the CEZ Group companies in Bulgaria by the Eurohold Bulgaria.
The meeting was also attended by the CEO of Euroins Greece Mr. Evgeny Ignatov and the Deputy Director Mr. Athanasios Smyrnis. Mr. Evgeny Ignatov informed the Minister on the successful course of Euroins Greece, especially since the establishment of the branch in Greece in 2019, while at the same time he stated that Euroins Greece will soon expand its activities on the insurance market with new products.
Mr. Evgeny Ignatov, CEO Euroins Greece
Mr. Adonis Georgiadis,Minister of Development and Investment of Greece
Mr. Kiril Boshov, Chairman of Management Board of Eurohold and CEO of Euroins Insurance Group