Home / Media and Publications / In the first nine months, Agram Group achieved a growth of 15 percent

In the first nine months, Agram Group achieved a growth of 15 percent

In the first nine months of this year, the member companies of Agram Group had a total revenue of 2.62 billion kuna, achieving a growth of 15 percent compared to the same period in 2006, according to the company’s statement.

The largest portion of the Group’s revenue was generated by the Financial Group, with a total revenue of 2.11 billion kuna, što represents an increase of 13.2 percent compared to the same period last year. The Corporate Group achieved a total revenue of 510.2 million kuna, ostvarivši growth of 23 percent. The insurance companies of the Group generated a total revenue of 1.80 billion kuna, što in relation to the same period in 2006 represents an increase of 9.8 percent. Of this, the highest revenue, amounting to 793.3 million kuna, was achieved by Euroherc osiguranje d.d. Zagreb, followed by Jadransko osiguranje d.d. Zagreb with 526.6 million kuna.   

  Revenue growth index for 9 months

 Poliklinika Sunce with an index of 193.8 percent
Kreditna banka d.d. Zagreb with an index of 141.6 percent
Euroleasing d.o.o. Zagreb with an index of 137.0 percent
BSO osiguranje d.d. Sarajevo with an index of 119.7 percent

The total profit of all members of the Group for the first nine months of 2007 amounts to 150.1 million kuna, što represents an increase of 21 percent compared to the same period last year. Of this, the largest individual profit of 44.7 million kuna was achieved by Euroherc osiguranje, followed by Jadransko osiguranje with 27.7 million kuna and Agram životno osiguranje with a total profit of 24.8 million kuna.

Successful business results were achieved thanks to the synergistic actions of the Group’s companies, continuous investment in infrastructure, employee education, and the ongoing improvement of existing and introduction of new products and services.  Based on the results achieved in the first nine months of this year, Agram Group expects to achieve a total planned revenue of over 3.50 billion kuna this year.