OREANDA-NEWS. On July 13, 2007 the Nizhny Novgorod branch of the SOGAZ Insurance Group has signed a number of major contracts with MegaShina Trading House (based in Nizhny Novgorod) for the insurance of the company’s property, reported the press-centre of SOGAZ.

The insurance will cover the complete range of products sold by MegaShina. A total of five insurance contracts have been signed for the period of one year, covering the risks of Fire, Natural Calamities, Outside Influence and Unlawful Acts by Third Parties including Terrorism.

Commenting on the contract, Aleksey Smertin, Head of Marketing Division at the SOGAZ Group, said, “One of the strategic directions for SOGAZ is the efficient and flexible policy in the regions. The clear development strategy and the high professional level of the SOGAZ management team allow the establishment and strengthening of business partnerships with small and medium businesses as well as Russian industrial giants and fast-developing large companies”.

LLC MegaShina Trading House is a leader in the distribution of tires in Russia. The company has its branches in 15 Russian cities. LLC MegaShina Trading House cooperates with over 1,500 retail companies selling car tires, auto dealerships and service stations, production and transport companies, etc.