Eurohold Bulgaria increased revenue by 77% in 2022, insurance premiums increased by 24%

Eurohold Bulgaria, a leading energy and financial group in Southeast Europe (represented in Ukraine by two insurance companies – Euroins Ukraine and European Travel Insurance), has summed up the results of 2022. Key achievements of the holding:

• Revenue increased by 77% and exceeded EUR 3.2 billion.
• EBITDA increased by 52% to €146 million.
• Insurance premiums increased by 24% to EUR 854 million.

Eurohold Bulgaria, a leading energy and financial group in Southeast Europe (represented in Ukraine by two insurance companies – Euroins Ukraine and European Travel Insurance), increased its revenue by 77% to €3.2 billion in 2022, while EBITDA increased by 52% to €146 million. Eurohold's net profit increased by 8.8% to EUR 34.9 million.

Eurohold's insurance business showed steady growth thanks to the successful performance of almost all insurance divisions of Euroins Insurance Group. Both Ukrainian companies of EIG, Euroins Ukraine and European Travel Insurance, managed to adapt their operations to the wartime conditions and demonstrated high operational and financial stability in a difficult economic situation.

"We are closing a difficult and challenging year. I am sincerely pleased that we managed to cope with the situation and further improve our performance in two key areas of activity – energy and insurance. We have maintained the operations of our two insurance companies in Ukraine and taken the utmost care of our employees. All of our insurance units are well capitalised," said Kiril Boshov, CEO and Chairman of the Management Board of Eurohold.