Uniqa approves capital injection to fund consolidation

As a result of this, Uniqa's capital is set to total zł.220.3 million. "The increase in capital will be carried out through private subscription aimed at the current shareholders - Austrian parent company Uniqa IBV GmbH and the European Bank for Reconstruction and Development (EBRD)," said Elżbieta Przywara, a Uniqa spokesperson. The planned shareholder structure envisages a 30% stake in the insurer being controlled by EBRD, with the remaining 70% belonging to the Austrian company. "The funds from the issue will be devoted to the domestic consolidation of Uniqa through the acquisition of shares in Korporacja Ubezpieczeniowa Filar," Przywara added. (Puls Biznesu, p. 11) A.K.