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Rus’-Oil signs cooperation agreement with SHANTUI, China


Rus’-Oil has signed a framework cooperation agreement with SHANTUI Company of China. Rus’-Oil JSC representatives paid an official visit to SHANTUI – one of China’s leading enterprises producing construction machinery and mechanisms, headquartered in Jining, Shandong Province, China.

During three-day negotiations, the parties summarized joint activities at BAUMA China, the annual international exhibition of construction machinery and equipment, which took place in Shanghai in late November 2016. Rus’-Oil and Shanti also agreed to further develop partner relations. At the end of the visit, the parties signed a number of framework agreements on future cooperation, including deliveries of equipment and machinery.

SHANTUI is a manufacturer of construction machinery and spares such as bulldozers, loaders, excavators, etc. It is one of the leading production enterprises in China. SHANTUI is listed at Hong Kong Stock Exchange since 1997. The company produces more than 110 types of machinery, including bulldozers, steamrollers, road graders, pipe layers, forklifts, excavators, wheeled loaders and undercarriages. The company has exported more than 4000 special vehicles since 1986. It operates sales and service networks in South-East Asia, Middle East, Central Asia, Europe, Africa, South America and Oceania.