OREANDA-NEWS. In the course of St. Petersburg International Economic Forum Zarubezhneft and Sberbank of Russia signed a Cooperation Agreement.

The document was signed by the General Director of "Zarubezhneft" JSC Sergey Kudryashov and the President, Chairman of the Board of Sberbank Herman Gref. Agreement is focused on further widening of cooperation of the two parties on international market and improvement of effectiveness of operating highlights of Zarubezhneft and Sberbank and affiliates abroad.

Subject of the Agreement is development of relations, strengthening and definition of direction of the mutually beneficial cooperation between the group of companies of Zarubezhneft and Sberbank on a long-term basis, and also cooperation in the field of usage of banking products and services on the territory of activity of Zarubezhneft and Sberbank.

Zarubezhneft represented by its affiliate in the Republic of Srpska OPTIMA Group Banja Luka already has successful experience of cooperation with Sberbank, - noted Sergey Kudryashov. - I'm sure, that this Agreement will allow to expand cooperation between our company and Sberbank on foreign markets and get it up to the new development level".

"Signing of this document is follow-up of our mutually beneficial cooperation, which includes cooperation on the territory of foreign states, - underlined Herman Gref. - Sberbank already successfully works with Zarubezhneft not only in Russia, but also in the Balkans".