OREANDA-NEWS. On 16 June 2009 was announced, that the branch of Ingosstrakh IJSC in Tver insured the property and liability of the largest construction materials manufacturer in the Tver region, OOO Tekos. The total amount under two contracts is EUR 20 ml.

The first contract provides insurance for the whole property: the building, industrial equipment, hardware, furniture, trade stock. Besides, the contract covers the risk of loss caused by business interruption. 

The second contract covers general third party liability for damage to  property, life, and health, as well as liability of the manufacturer for damage to property and life, and health of third parties.

The Tver branch of Ingosstrakh IJSC started to cooperate with OOO Tekos in 2006. During this period, they signed insurance contracts for construction and installation risks ( in the time of construction of the plant), for property, voluntary medical insurance, as well as insurance of the employees against accidents. 

ООО Tekos was established in December 2004 within the framework of the national project to attract foreign investments to the economy of Russia, its capital is 100% foreign-owned as it is part of the Teso Group of Companies (Belgium). The plant is a large world-class enterprise with state-of-the-art equipment for production of modern efficient construction materials. Its core business is PVC goods.