Powszechny Zakład Ubezpieczeń
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Powszechny Zakład Ubezpieczeń
Powszechny Zakład Ubezpieczeń Spółka Akcyjna, also known as PZU SA (Polish pronunciation: ) () is a publicly traded insurance company, a component of the WIG30 stock market index and Poland's biggest and oldest insurance company. PZU is headquartered in Warsaw and is the largest financial institution in Poland. It is also the largest insurance company in Central and Eastern Europe. PZU Group offers a selection of nearly 200 insurance products on the Polish market. The activities of PZU group encompass a comprehensive range of insurance and financial services. The Group entities provide services in the areas of non-life insurance, personal and life insurance, investment funds and open pension fund. History Foundation The company's origin dates back to 1803 when the first insurance company in Poland was established. In the years 1927-1952 the company operated under the name ''Powszechny Zakład Ubezpieczeń Wzajemnych''. From 1952 to 1990 it was operated as a state-owned mo ...
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Generation Park
The Generation Park is a neomodern complex of three office buildings in Warsaw, Poland, within the neighbourhood of Mirów, Warsaw, Mirów in the district of Wola. It includes a 38-storey-tall skyscraper at 4 Daszyński Roundabout, and two 11-storey buildings at 36 Prosta Street and 28 Towarowa Street. The complex was constructed between 2015 and 2021, and designed by architecture firm JEMS Architekci. History The complex, consisting of buildings designated with letters X, Y, and Z, was constructed between November 2015 and January 2021, with the Skanska, Skanska Property Poland as the investor and main contractor. It was designed by architecture firm JEMS Architekci. The complex was built in place of the former office buildings of Prasa-Książka-Ruch and the Institute of National Remembrance. The Generation Park X was sold to Hansainvest Real Assets in November 2017, and the Generation Park Z, to Deka Immobilien in March 2020. Uppon opening in 2021, the skyscraper Generation ...
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Pension Fund
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides pension, retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 Trillion (short scale), trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. Classifications Open vs. closed pension fund ...
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Artificial Intelligence
Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of research in computer science that develops and studies methods and software that enable machines to machine perception, perceive their environment and use machine learning, learning and intelligence to take actions that maximize their chances of achieving defined goals. High-profile applications of AI include advanced web search engines (e.g., Google Search); recommendation systems (used by YouTube, Amazon (company), Amazon, and Netflix); virtual assistants (e.g., Google Assistant, Siri, and Amazon Alexa, Alexa); autonomous vehicles (e.g., Waymo); Generative artificial intelligence, generative and Computational creativity, creative tools (e.g., ChatGPT and AI art); and Superintelligence, superhuman play and analysis in strategy games (e.g., ...
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UniCredit
UniCredit S.p.A. (formerly UniCredito Italiano S.p.A.) is an Italian multinational banking group headquartered in Milan. It is a systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world's 34th largest by assets. It was formed through the merger of Credito Italiano and Unicredito in 1998 but has a corporate identity stretching back to its first foundation in 1870 as Banca di Genova. UniCredit is listed on the Borsa Italiana and Frankfurt Stock Exchange and is a constituent stock of the Euro Stoxx 50 index of leading shares. With corporate & investment banking, commercial banking and wealth management operations, Unicredit is a pan-European bank with a strong presence in Western, Central and Eastern Europe. Through its European banking network, it provides access to market-leading products and services in 13 core markets: Italy, Germany as HypoVereinsbank, Austria as Bank Austria, Russia and nine other Central and ...
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Polish Development Fund
The Polish Development Fund (PFR) (, ''PFR'') is a Polish joint-stock company owned by the State Treasury. Its main objective is to support investments that foster Poland's economic development. Summary PFR provides capital, financial tools and solutions to support enterprises and local governments in their development. It also offers advisory services and educational programmes to help build competencies, increase innovation and boost the competitiveness of market participants. The fund promotes sustainable development, digitalisation and the country's long-term economic growth. The PFR was established in 2016 on the basis of the Polskie Inwestycje Rozwojowe, which had existed since June 2013. Since July 2024 Piotr Matczuk is the President of the third term. PFR's headquarters is located in Cedet at 50 Krucza st. in Warsaw. Activity of the Polish Development Fund The Polish Development Fund implements programmes that contribute to increasing Poland's long-term investment a ...
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RSA Insurance Group
RSA Insurance Group Limited ( trading as RSA, formerly RSA Insurance Group plc and Royal and Sun Alliance) is a British multinational general insurance company headquartered in London, England. RSA has major operations in the United Kingdom, Ireland, Scandinavia and Canada. It provides insurance products and services in more than 100 countries through a network of local partners. It has 9 million customers. RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996. RSA was listed on the London Stock Exchange until it was acquired by Danish insurer Tryg and Canada's Intact Financial Corporation in May 2021. The transaction closed on 1 June 2021. History RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996. On 4 February 2014, it was announced that Stephen Hester, former CEO of RBS Group, would become CEO of RSA with immediate effect. In 2014/15, Hester led a major restructuring of RSA to bolster its finances. Many non-core overs ...
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Vienna Insurance Group
Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) with its registered office in Vienna, Austria, is one of the largest international insurance groups in Central and Eastern Europe with approximately 25,000 employees. History The history of Vienna Insurance Group dates back to 1824, with the founding of the ''k.u.k. priv. wechselseitige Brandschaden Versicherung''. In the end of the 1980s, the company started expanding in central and eastern Europe, founding Kooperativa in Czechoslovakia. In 1994, the company was transformed into a corporation, and 11% of the stock was introduced on the Vienna Stock Exchange, in the form of preferred shares. Those were changed into common shares in 2005, as the company increased its capital by about €900 million to finance acquisitions. In 2006, the brand Vienna Insurance Group was introduced as a global brand. In central and eastern Europe, subsidiaries use it next to their original name. In 2008, a new capital increase permitted ...
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Financial Supervision Authority (Poland)
The Polish Financial Supervision Authority, in Polish Urząd Komisji Nadzoru Finansowego (UKNF) is the main financial regulatory authority for Poland. UKNF was established in 2019 as a separate legal person under public law. It hosts the Financial Supervisory Commission or KNF (}), established in 2006 by merger of several pre-existing specialized authorities. The chair of the KNF is simultaneously the head of UKNF. The UKNF's responsibilities include oversight of banking, capital markets, insurance, pension scheme and electronic money institutions. History The KNF was formed on 19 September 2006 pursuant to the Financial Market Supervision Act of 21 July 2006. The new supervisory body took over the tasks of the Insurance and Pension Funds Supervisory Commission and of the Securities and Exchange Commission (Poland), which were abolished pursuant to that act. From January 1, 2008, the second phase of the merger of financial supervision in Poland, the Polish FSA took over from the ...
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Warsaw Stock Exchange
The Warsaw Stock Exchange (WSE) () is a stock exchange in Warsaw, Poland. Founded in 1817, it was located in the Saxon Palace until 1877 when it was moved to the Exchange Building at the Saxon Garden. Currently, it is located at ul. Książęca 4 in the Śródmieście District of Warsaw in the Exchange Center Building (Polish: ''Centrum Giełdowe'') opened in 2000. As of May 2025, there are 406 companies, including 43 foreign ones, quoted on the stock exchange whose market capitalization amounts to PLN 1.99 trillion (USD 528.58 billion), making it the largest stock exchange in Central and Eastern Europe. The most important stock market indices of the Warsaw Stock Exchange are WIG20, WIG30, MWIG40 and SWIG80. Trading at Warsaw runs from 08:30 to 17:00 with closing auction from 17:00-17:05. As of early 2025, the WSE was majority-owned by the Polish government. It is a member of the Federation of European Securities Exchanges. On 17 December 2013, the WSE also joined the United ...
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Polish Złoty
The złoty (alternative spelling: ''zloty''; Polish: ''polski złoty'', ;The nominative plural, used for numbers ending in 2, 3 and 4 (except those in 12, 13 and 14), is ; the genitive plural, used for all other numbers, is abbreviation: zł; code: PLNPrior to 1995, code PLZ was used instead.) is the official currency and legal tender of Poland. It is subdivided into 100 '' groszy'' (''gr'').Singular: ''grosz'', alternative plural forms: ''groszy'', ''grosze''. It is the most-traded currency in Central and Eastern Europe and ranks 21st most-traded in the foreign exchange market. The word ''złoty'' is a masculine form of the Polish adjective 'golden', which closely relates with its name to the guilder, whereas the grosz subunit is based on the groschen, cognate to the English word groat. It was officially introduced to replace its interim predecessor, the Polish marka, on 28 February 1919 and began circulation in 1924. The only bodies permitted to manufacture or mint z ...
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Eureko
Eureko was a large European insurance company based at the Netherlands. The company was formed in 1992 and has operations in the Netherlands, Ireland, Greece, Turkey, Slovakia, Russia, Romania and Bulgaria. The company grew significantly in 2005 when Rabobank merged its insurance company, Interpolis Interpolis is a major Dutch insurance company operating across the Netherlands. The company has gained wide recognition with its advertising campaign ''"Interpolis.Crystal clear"''. Besides financial compensation, Interpolis also offers compensati ..., into Eureko in exchange for a 37% share in the company. In 2011 Eureko merged with the Dutch parent company Achmea N.V. to form Achmea B.V. References Financial services companies established in 1992 Insurance companies of the Netherlands Multinational companies headquartered in the Netherlands Privately held companies of the Netherlands Companies based in Utrecht (province) Zeist {{insurance-company-stub ...
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Bank Handlowy
Bank Handlowy w Warszawie S.A. (BHW, ), rebranded Citibank Handlowy in 2003 and Citi Handlowy in 2007, is a Polish bank based in Warsaw, Poland. It is one of the oldest banks in Poland, the 10th largest Polish bank by assets, and 18th in terms of number of outlets. Initiated by financier Leopold Stanisław Kronenberg in 1870, Bank Handlowy played a vital role in international trade, representing the Second Polish Republic government's assets in several international firms like the Danzig Shipyard. After World War II, the bank was reactivated in 1945 and later Polish People's Republic. It was one of the few companies to avoid complete nationalization during communism in Poland. After the fall of communism in Poland, the bank played a key role in the Foreign Debt Service Fund scandal, which had a negative impact on the Polish economy during the early 1990s. It underwent privatization in 1997. In the 21st century, Bank Handlowy merged with Citibank (Poland) SA in 2001, with Citiban ...
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