OREANDA-NEWS. October 20, 2011. The Rostov branch of OJSC IC ROSNO has concluded a property insurance contract with Rostselmash Combine Plant Ltd. The contract covers the goods stored in warehouses and production shops against destruction, loss, and damage. The insurance amount is 727 million 84 thousand roubles, reported the press-centre of ROSNO.

ROSNO’s insurance protection applies to raw materials, spare parts and components used in manufacturing of agricultural machinery and in operation of the plant’s equipment. Pursuant to the terms of the contract, the property has been insured against fire, lightning stroke, explosion, aircraft impact, storm and hail, other natural disasters, as well as damage by water from water supply, heating, sewage or similar systems; burglary, robbery, brigandage, and deliberate third-party actions.

The contract will be valid for one year.