<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns:com="http://www.sec.gov/edgar/common" xmlns="http://www.sec.gov/edgar/npx">
  <headerData>
    <submissionType>N-PX/A</submissionType>
    <filerInfo>
      <registrantType>IM</registrantType>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0001697619</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>
      <periodOfReport>06/30/2025</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <yearOrQuarter>YEAR</yearOrQuarter>
      <reportCalendarYear>2025</reportCalendarYear>
      <amendmentInfo>
        <isAmendment>Y</isAmendment>
        <amendmentNo>1</amendmentNo>
        <amendmentType>RESTATEMENT</amendmentType>
      </amendmentInfo>
      <reportingPerson>
        <name>Union Investment Management GmbH</name>
        <phoneNumber>49-69-2567-7125</phoneNumber>
        <address>
          <com:street1>Weissfrauenstrasse 7</com:street1>
          <com:city>Frankfurt</com:city>
          <com:stateOrCountry>2M</com:stateOrCountry>
          <com:zipCode>60311</com:zipCode>
        </address>
      </reportingPerson>
      <agentForService>
        <name>Union Investment Management GmbH</name>
        <address>
          <com:street1>Weissfrauenstrasse 7</com:street1>
          <com:city>Frankfurt</com:city>
          <com:stateOrCountry>2M</com:stateOrCountry>
          <com:zipCode>60311</com:zipCode>
        </address>
      </agentForService>
      <reportInfo>
        <reportType>INSTITUTIONAL MANAGER VOTING REPORT</reportType>
        <confidentialTreatment>N</confidentialTreatment>
      </reportInfo>
      <fileNumber>028-17961</fileNumber>
      <leiNumber>529900GA24GZU77QD356</leiNumber>
      <explanatoryInformation>
        <explanatoryChoice>Y</explanatoryChoice>
        <explanatoryNotes>On May 1, 2026, Union Investment Institution GmbH merged with and into Union Investment Privatfonds GmbH, which was renamed Union Investment Management GmbH as of that date.</explanatoryNotes>
      </explanatoryInformation>
    </coverPage>
    <summaryPage>
      <otherIncludedManagersCount>0</otherIncludedManagersCount>
    </summaryPage>
    <signaturePage>
      <reportingPerson>Union Investment Management GmbH</reportingPerson>
      <txSignature>Daniela Guenther</txSignature>
      <txPrintedSignature>Daniela Guenther</txPrintedSignature>
      <txTitle>Authorized Representative</txTitle>
      <txAsOfDate>07/17/2026</txAsOfDate>
      <secondaryRecords>
        <secondaryRecord>
          <txSignature>Marcus Kraus</txSignature>
          <printedSign>Marcus Kraus</printedSign>
          <txTitle>Authorized Representative</txTitle>
          <txAsOfDate>07/17/2026</txAsOfDate>
        </secondaryRecord>
      </secondaryRecords>
    </signaturePage>
  </formData>
</edgarSubmission>
