The Agricultural Insurance company showed profits increased by 24% in the first semester of 2000 as compared to the corresponding time period of 1999, as per their Balance Sheet.In the same time frame, premium production rose by 17% reaching 14 billion GRD.One of the characteristics of the first semester of 2000 is the improvement of the production composition, showing a diminished share in the vehicle sector and increased shares in the sectors of fire, technical works, industrial hazards, etc. The Bancassurance production share also increased.The improvement of their financial figures is the result of measures taken by the Company's Management for the melioration of the quality of services rendered (computer information systems, training, network selection, etc.)Meanwhile, the implementation of the investment program proceeds satisfactorily and the following have already been announced.The joint establishment of a credit company with the German company Gerling. The new company will begin operation approximately at the end of 2000 and will undertake the insurance of claims from the risk of non payment by the debtor, and other similar risks related to the credibility of the parties involved. The two groups, Agricultural and Gerling, are already exploring the possibilities of cooperation in other sectors of insurance activities.The location of a support group, in Germany, for the operation launch of the branch office there. Agricultural Life insurance company is already active in Germany through open service provision.The establishment of new branches and the expansion of the company's network.The constitution of a company in Romania, a project which is progressing concurrently with the activation of the mother bank there. Regarding the operation of the company in Cyprus, the establishment plans have already been approved and are in the implementation phase. As regards Bulgaria, Skopje and Turkey, the consultant's proposals, which were submitted after examination of the local markets, are being studied.