Social projects

VIG and its principal shareholder Wiener Städtische Wechselseitige use partnerships and targeted initiatives to assist the activities of aid organisations, particularly in the Central and Eastern European countries where VIG Group companies operate.

Its involvement is aimed at creating lasting benefits. It therefore directs its assistance to institutions and projects based on their reliability as partner organisations and an effective, long-term use of the funds. The focus is on social projects that provide assistance to children in need and lead to a lasting improvement in the living conditions of the people involved.

Examples of concrete measures that address social responsibility:

Caritas’ Eastern Europe campaign
Both national and international Caritas projects have benn sponsored for many years. One of these projects is the Caritas’ Eastern European campaign. Caritas traditionally draws attention to the tragic circumstances of some Eastern Europeans during the cold season. 

The campaign supports more than 100 projects in Albania, Bulgaria, Hungary, Romania, Slovakia, Ukraine and other countries. The donations are used to provide food and clothing for children and pay for the cost of schooling. The goal is to provide children with the opportunity to obtain an education and learn a profession, regardless of their circumstances.

It is of especial importance to the Vienna Insurance Group, as the largest insurance group in Central and Eastern Europe, to provide support for social initiatives that help to improve living conditions, particularly for children and young people.

Bátor Tábor – camp for sick children in Central Europe
The “Bátor Tábor” foundation organises free camp visits for chronically ill children in Hungary, and was founded by a group of Hungarian health care specialists in 2002. Bátor Tábor is a member of the “Association of Hole in the Wall Camps”, an organisation created by Paul Newman to give sick children the opportunity to participate in therapeutic recovery programs.

Bátor Tábor organises an international camp each summer for sick children from Hungary, the Czech Republic, Slovakia and Poland. The camp offers an ideal environment where play can be used to strengthen the abilities of the children. More than 1,900 children have already taken part in the summer camps organised by Bátor Tábor. UNION Vienna Insurance Group Biztosító Zrt. has been a supporter of the Bátor Tábor program since June 2007.

Zweite Sparkasse
Wiener Städtische, the largest company in the Vienna Insurance Group, has been a cooperation partner to the “Bank for People without a Bank” since 2007, making it the first insurance company in Austria to become involved in the area of micro-insurance. The Zweite Sparkasse supports people in need who no longer have access to banking services as a result of difficult economic circumstances. In addition to the banking products offered, all account holders receive an insurance package from Wiener Städtische. The basic insurance package provides one free legal consultation each quarter and free casualty insurance. The casualty insurance automatically covers children living in the same household as the account holder. Premium payments are made by the principal shareholder Wiener Städtische Wechselseitige. The option of purchasing household insurance for a monthly premium of only EUR 3 is also available.

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