OREANDA-NEWS. Today, the delegation of JSC VTB Bank led by Mikhail Oseevsky, Deputy President and Chairman of VTB Bank Management Board, has visited KAMAZ.

Negotiations on long-term cooperation were conducted in the general directorate of KAMAZ. Earlier, the members of the delegation visited several important facilities of KAMAZ’s automobile plant. Accompanied by Sergey Kogogin, Director General of OJSC KAMAZ, and other KAMAZ top managers, the guests examined the main assembly conveyor and a cab assembly line of the automobile plant. The bankers visited KAMAZ-Avtosport Center where the KAMAZ-master team is headquartered. Sponsorship of the legendary team is one of joint activities of VTB and KAMAZ.

Mutually beneficial partnership of VTB and KAMAZ lasts for many years. At the end of 2002, VTB and OJSC KAMAZ signed a cooperation program under which, in particular, current crediting, leasing, bill of exchange procedures and trade finance transactions are executed.