Wiener Staedtische is determined to own more of Cigna
"I can only say that negotiations on this issue are in progress," said Edyta Tarkowska, from EuRoPol Gaz. Gas Trading made a similar statement. Concluding the transaction would allow a new share issue worth around zl.50 million directed at the Austrian company. Cigna STU collected premiums of zl.343.8 million over three quarters of 2006, which is up 30.7% from last year. "We lost a few large corporate clients. Loss in premiums was almost fully compensated by higher revenues from insurance for individual clients," said Jan Bogutyn, president of Cigna STU. He refused to reveal estimated data for the full year. (Puls Biznesu, pp. 1, 6) M.M.