OREANDA-NEWS. April 24, 2009. SOGAZ Insurance Group has signed a General Goods-in-Transit Insurance Contract with Uralmash-Izhora Group (OMZ) – one of the leaders in heavy engineering construction in Russia, reported the press-centre of SOGAZ.

Pursuant to the contract, SOGAZ will provide insurance coverage of metal billets transported from the OMZ-Spetsstal manufacturing plant (Saint Petersburg, Kolpino) to destination points in Russia and other countries, including India, Belgium, China and South Korea.

The General Cargo Insurance Contract provides maximum insurance coverage against all risks, including storage risks.

OMZ is one of the leading companies in heavy-duty production, specializing in the engineering, production, sales and service maintenance of the equipment for nuclear power, petrochemical, oil-and-gas, mining industries, as well as in special steel production and industrial services. OMZ production sites are situated in Russia and Czech Republic.

LLC OMZ-Spetsstal is a major Russian producer of metal billets for machine construction and other industries.