Vienna Insurance Group ( VIG ) has acquired an 80% stake in Moldasig S.A., one of Moldova’s leading non-life insurers, through a public auction, making it the industry leader in the country with around 30% market share.

In May 2025, VIG announced its intention to acquire Moldasig, which has now been formally implemented through the signing of a share purchase agreement with the Moldovan state.

The deal is expected to be completed in the coming days, subject to customary closing conditions, including notification to the Moldovan competition authority.

Founded in 2002, Moldasig has an estimated market share of around 14%. The company offers a comprehensive range of products for both individuals and businesses, including motor, home, and health insurance. It operates a nationwide network of more than 100 offices.

The acquisition pairs VIG’s regional scale with Moldasig’s solid balance sheet and nationwide reach, reinforcing service quality and stability for policyholders across the country, Invest Moldova Agency says.

VIG has been present in Moldova since 2014, following the acquisition of the insurance company Donaris, which currently serves over 120,000 customers nationwide. At the regional level, VIG is the leading insurance group in Central and Eastern Europe, with over 50 insurance companies and pension funds in 30 countries, serving 33 million customers.