Sep 10, 2004. /Lesprom Network/. Alfa-Insurance insured Russian Arkhangelsky industrial equipment, Lesprom.ru learned from a corporate press-release. The insurance sum exceeds $40. The insurance agreement is valid for 1 year. The agreement provides the insurance of the enterprise’s equipment, playing a key role in cardboard production, and allows to reduce the costs of the urgent repairs. Arkhangelsky equipment was also insured against fire, lightning strike, gas and steam boilers explosion, natural catastrophes, water damage, as well as against criminal actions committed by the 3rd parties. The high-quality insurance agreement allowed Arkhangelsky to obtain additional credits useful for investment and credit attraction. Arkhangelsky is a multifunctional enterprise, one of the largest pulp and paper enterprises in Europe. Arkhangelsky occupies the 1st position as to tare cardboard production, the 2nd position as to pulp production in Russia. The enterprise reports annual sales at $200 million. Alfa-Insurance group comprises: Alfa-Insurance, Alfa-Insurance-Zhizn. The company’s major shareholder is Alfa-Bank. The combined stock-capital is RUR 1.9 billion. Alfa-Insurance has the licenses to provide 89 types of insurance. 179 regional offices are currently operating in Russia.