The Group KD Group and KD Group dd

The KD Group Annual Report 2009
Activities of the Group KD Group
The Group KD Group, which celebrated its 15th anniversary in 2009, is one of the largest business groups in Slovenia. The
Group's principal activities are:
• insurance;
• investment fund management;
• banking and;
• capital investments and real estate.
The principal business activity of the parent company KD Group d. d. is the management of listed and non-listed investments
and the generation of financial returns in accordance with the structure of its portfolio. The parent company makes decisions
regarding all the KD Group’s major strategic investments.
Insurance
The KD Group's insurance business comprises life, property and health insurance. It has two public limited companies in
Slovenia: KD Življenje, a life insurer, and Adriatic Slovenica, a universal insurance company that markets life insurance and
property insurance, including health insurance. In accordance with the strategy of expanding the KD Group activities to
foreign markets, in the previous year insurance companies within the Group operated on the following foreign markets:
Ukraine, Croatia, Romania and Bulgaria, as well as in Slovakia through a branch office. The Group is marketing property
insurance in Serbia through property insurance company AS neživotno osiguranje a.d.o. Beograd, Serbia.
The key strategic orientations of the KD Group in the field of insurance are based primarily on operating growth on the local
and foreign markets and on a comprehensive range of financial services provided through a variety of sales networks.
In Slovenia, we further reinforced and consolidated existing sales channels.
Investment fund management
Five investment management companies within the KD Group manage a total of 27 mutual funds and two investment
companies in the South-eastern region of Europe. KD Skladi, Ljubljana, currently the largest management company in
Slovenia, is the leading investment fund management company in the Group. The company manages the umbrella fund “KD
Krovni sklad” with 17 sub funds and KD ID, delniška investicijska družba, d. d. as well as assets of the well-informed
investors. Currently, four management companies operate outside the Slovenian borders who jointly manage eleven
investment funds: four mutual funds in Croatia, two in Romania, two mutual funds and one investment company in Bulgaria
and two mutual funds in Macedonia.
Banking
In 2009, the KD Group began operating on the banking market following a transformation of KD BPD from a limited liability
company into a public limited company on 2 March 2009 and assuming a new name of KD Banka.
Initially, KD Banka concentrated on private, personal and investment banking services, including stockbrokerage, individual
asset management and corporate finance services. However, in order to adjust to the changed economic conditions, KD
Banka decided for early implementation of the basic corporate banking services, while at the same time it was developing
services for the mass market, which began to be marketed through the sales network of branch offices by KD Finančna točka
in February 2010.
In addition to KD Banka operating in Slovenia, other companies also operated in the banking division in 2009 namely in
Croatia, Bulgaria and Romania.
Capital investments and real estate
The Group’s capital investments are managed by the KD Kapital. This division includes real estate services, publishing, and
managing of closed investment funds in South Eastern Europe (Bosnia and Herzegovina and Republika Srpska).
In the Group KD Group, real estate services are provided by KD Kvart, a young, dynamic and ambitious company, whose
core activity is investment engineering in the field of real estate. The strategy of the real estate division is to search for new
opportunities for the development of real estate projects, real estate sale, and management of real estate owned by the
Group KD Group.
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