Significant events after the balance sheet date
The Company and Wiener Städtische Wechselseitige concluded an agreement on 1 January 2012 concerning Neue Heimat Oberösterreich Holding GmbH, Vienna, and the non-profit housing societies it owns. The subject matter of the agreement was a capital injection by Wiener Städtische Wechselseitige under the terms of a capital increase, together with a share purchase and passage of control rights.
Research and development
Vienna Insurance Group performs research and development in the area of IT applications.