OREANDA-NEWS. Ingosstrakh Insurance Company Branch in the Vladimir Region concluded an agreement of compulsory insurance of liability of the owner of a hazardous facility for damage resulting from an accident at the hazardous facility (OS OPO) with Avtopribor Factory OJSC. The limit of insurance liability under the insurance agreement amounted to RUB 255 m.

The compulsory program of insurance of the liability of the owner of a hazardous facility provides compensation for the damage caused to life, health and property of a third party, including the company's employees, as a result of an accident at a hazardous facility. In accordance with the applicable legislation (Federal Law No. 225-FZ of July 27, 2010), the limit of compensation for damage caused to life and health of each aggrieved individual is up to RUB 2 m.

Avtopribor Factory OJSC manufactures electronic and electromechanical speedometers, indicators, wipers, gauges, etc. The company supplies its products to the largest automotive enterprises. The history of the factory started in 1931, with the Resolution of the Presidium of the Supreme Economic Council on the construction of a factory in Vladimir for the production of equipment for the domestic automotive and tractor industry.