Levan Vasadze, First Vice President of JSFC Sistema and Chairman of the Board of Directors of OAO ROSNO insurer, is to attend, on July 15, functions marking the arrival of Ralf Schumacher, one of Formula 1 stars, in Moscow. The famous car racer's visit has been arranged by the Allianz AG concern and ROSNO insurance company.

"We believe that our joint project with Allianz AG, which we have kept on for two years now, has been very fruitful for both the ROSNO company's development and for promotion of insurance in Russia in general," said Levan Vasadze. "Allianz AG's entry as ROSNO's partner has helped raise the quality of the leading Russian insurer's insurance products as near world standards as possible."

A press conference to be held within the context of Mr. Schumacher's visit will be attended by Levan Vasadze, executives of Allianz AG and ROSNO, and Ralf Schumacher, who has arrived in Moscow for celebrations of the

Formula One Racer Day. The press conference will be devoted to strategic collaboration between JSFC Sistema and Allianz AG, development of ROSNO, and road safety.

For more details, please
call: (095) 730-1705
JSFC Sistema Public Relations Department