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New management team and Business Plan for investee insurance company Nucleus Life AG
Fausto M. Ventriglia has been appointed Chief Executive Officer of Nucleus Life AG, the Liechtenstein Life Insurance Company invested by Photonike Capital Sa.
Nucleus Life Ag is autorized in Freedom Provide of Services in 8 EU Countries.
The FMA financial Market authority approved the Business Plan presented by Photonike capital Sa for the period 2023 – 2026 and authorized the Management Team proposed by the Photonike Capital. According to forecasts, the company will close 2023 with a Total Gross Revenue of 2.2 million Euros and approximately 286 K Euros of profit.
With this operation, Nucleus Life AG also aligns itself with the group’s strategy.
Company Name
PHOTONIKE CAPITAL
Disclaimer
Photonike Capital SA published this content on 24 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2023 16:44:45 UTC.
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