25 February 2004 21:26
Tatenergo, Nexans sign cooperation agreement
KAZAN. Feb 25 (Interfax) - OAO Tatenergo and the French cable producer Nexans have signed an agreement on strategic
cooperation until 2009 as part of an energy conservation program.
Tatenergo said in a press release that the document, signed by the companies last week, covers supplies of French
cables to the energy company. The Russian company will receive trade credits and deferred payments, which will be
insured by a French state insurance company.
Under this agreement the companies will sign supply contracts on an annual basis. [RU EUROPE ASIA EEU EMRG FR ENR LOA
INS] rd <>
[Interfax] |
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