Triglav Group rejects job-cut report: Triglav Group stock sits 6.69 percent below its high

Published on 10/15/2026 at 12:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Triglav Group rejects a reported 150-job cut. Triglav Group stock costs EUR 67.00 on October 15, 2026 versus its EUR 71.80 52-week high.

Insurance results and workforce plans

Info360 reported on October 7, 2026 that Triglav rejected an alleged 150-job reduction.
For the first half of 2026, business volume reached EUR 1,198.70 million and net earnings EUR 85.70 million.
Triglav Group stock traded at EUR 67.00 at 12:46 p.m. CEST at Lang & Schwarz on October 15, 2026.

Triglav Group, SI0021111651, Illustration mit AI erstellt.

Triglav Group (ISIN SI0021111651) was trading at EUR 67.00 at Lang & Schwarz on October 15, 2026 at 12:46 p.m. CEST, compared with a 52-week high of EUR 71.80. The insurance group rejected an alleged 150-job reduction in a report dated October 7, 2026, according to Info360.

Why the workforce story matters

Info360 reported that Triglav had not yet approved its workforce plan for the following year and cited an alleged reduction of 150 employees. Triglav said the claim did not rely on an approved document and that workforce planning was continuing through regular business processes, the publication reported on October 7, 2026.

The company also rejected cooperation with an external adviser on the workforce plan. The report stated that Triglav Group had 5,037 employees in 2025, while Zavarovalnica Triglav, the parent company, had 2,121 full-time-equivalent employees. The numbers frame the issue as a planning question rather than a confirmed restructuring.

Three dated company events

The recent sequence starts with the July 16, 2026 agreement to acquire a 49 percent stake in Croatia's Arsano Medical Group, reported by Bloomberg Adria. On August 21, 2026, Triglav's first-half report showed total business volume of EUR 1,198.70 million, up 13.00 percent from the first half of 2025, while net earnings fell to EUR 85.70 million from EUR 91.40 million, according to Triglav Group. The October 7 workforce response is the latest dated event.

What comes next for Triglav

The first-half report reaffirmed 2026 earnings-before-tax guidance of EUR 170.00 million to EUR 190.00 million. It also showed a combined ratio of 93.90 percent, up from 88.20 percent in the first half of 2025, while capital adequacy stood at 207.00 percent as of June 30, 2026. These figures leave operating performance and cost discipline as the main investor reference points.

Triglav's credit profile remains a counterweight to the weaker earnings comparison. Triglav RE lists an S&P Global A+ rating with a stable outlook dated July 31, 2026.

Stock remains below its yearly high

The Ljubljana Stock Exchange listed Triglav under ticker ZVTG and reported a 52-week range of EUR 54.40 to EUR 71.80 in its market data through October 15, 2026. The current euro quotation therefore sits below the upper end of that range, while the operating data point to faster business growth but lower first-half earnings.

Triglav Group was trading at EUR 67.00 at Lang & Schwarz on October 15, 2026 at 12:46 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Triglav Group stock.