The insurance group SOGAZ has won the tender to conclude the insurance agreement with the Cherepovets Iron and Steel Works, a part of Severstal.
All the premises and buildings, machines and equipment, objects of unfinished construction will be insured. The total value of the insurance will be $18.67 billion. The objects will be insured for 1 year.
SOGAZ has been providing CherMK with the insurance protection since 2010. (Ukrainian metal)