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02.09.09

Raiffeisenbank Is a Partner in the Volvo Off-Roader Motor Rally over Russian Roadless Terrain

Raiffeisenbank is to be a partner in the XC RANGE TOUR, a unique test drive of the Volvo range of off-roaders held by Volvo Cars Russia. During the rally, there will be an opportunity to try out 4WD vehicles from Volvo’s XC line, specifically: the Volvo XC60 compact crossover, the Volvo XC70 off-road station wagon, and the Volvo XC90 luxury off-roader. The rally will take place from 2 to 4 September, with a route from Moscow to Ryazan and back. During the rally, there will also be a media preview of the Volvo XC70 Surf Rescue concept car from California, USA.

The Russian cross-country car rally has been named the Evpatiy Kolovrat Trail. Evpatiy Kolovrat was a boyar, military commander, and hero who entered the history of Rus' in the first half of the 13th century due to the many resounding victories won by his troops over a group of Tatar-Mongol warriors that was far superior in numbers. The key to these victories was not only Kolovrat's remarkable strength, but also his excellent knowledge of all the trails in the territory of Ryazan.

The rally is being conducted with the support of Castrol, Volvo’s global partner, and Pirelli, the world leader in the manufacture of tires for high-speed and sports vehicles.


Volvo Car Corporation is a subdivision of Ford Motor Company. In 2008 Volvo Car Corporation sold 374.297 car worldwides. Volvo’s staff is over 20 000, major production facilities are located in Sweden and in Belgium. Three years running Volvo kept leadership in premium segment in Russia. In 2008 Volvo Car Russia took over all competitors in the segment and sold 21.041 cars.


ZAO Raiffeisenbank is a subsidiary of Raiffeisen International Bank-Holding AG. Raiffeisenbank is ranking 9th in terms of assets among the Russian banks based on 1H 2009 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 4th in Russia in terms of private deposits and 6th in consumer lending in Russia based on 1H 2009 results.

Raiffeisen International operates one of the largest banking networks in CEE. 17 markets in Europe's growth region are covered by subsidiary banks, leasing companies and a range of other financial service providers. The group’s more than 62,000 employees service over 14.9 million customers via more than 3,200 business outlets. Raiffeisen International is a fully consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB), which owns about 70 per cent of the common stock. The remainder is in free float, the shares are listed on the Vienna Stock Exchange. RZB is a leading corporate and investment bank in Austria and the central institution of the Austrian Raiffeisen Banking Group, the country's largest banking group.

 

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