THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

Orgy was the reward for sales

Associated Press / May 20, 2011

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

Your article has been sent.

Text size +

BERLIN — A German insurance company rewarded its best salesmen by organizing an orgy with prostitutes in a Hungarian spa, the company acknowledged yesterday.

About 100 top salesmen were invited to the June 2007 orgy, which featured numerous scantily clad hostesses and about 20 prostitutes, Ergo insurance spokesman Alexander Becker said.

The event, organized by one of Ergo’s divisions in Budapest’s art nouveau Gellert Baths, was a clear violation of company values, he stressed.

“All measures have been taken to prevent a repeat of such an event,’’ Becker said. Those responsible for the event — dubbed an “incentive trip’’ — have left the company, he added.

Prostitution is legal in Hungary and Germany.

Ergo insurance belongs to Munich Re, one of the world’s biggest reinsurance companies, in which US billionaire Warren Buffet’s investment firm, Berkshire Hathaway, holds a 10 percent stake.

Budapest is known for its thermal baths. Some of the spas are used for film screenings or parties.