Rosagroleasing, a Russian state-owned leasing
company, has transferred RUB15 billion (€330 million) to
manufacturers for their purchases of agricultural equipment, it has
been reported.
company, has transferred RUB15 billion (€330 million) to
manufacturers for their purchases of agricultural equipment, it has
been reported.
According to Prime-Tass news agency, the
lessor, which specialises in agricultural equipment leasing, has
already signed contracts with some key Russian companies, including
a RUB3 billion contract with truck maker Kamaz, from which it plans
to buy around 5,000 trucks this year.
lessor, which specialises in agricultural equipment leasing, has
already signed contracts with some key Russian companies, including
a RUB3 billion contract with truck maker Kamaz, from which it plans
to buy around 5,000 trucks this year.
It also signed a RUB7 billion contract with tractor manufacturer
Tractor Plants.
The move is part of a package that the Russian government
launched earlier this year to support farmers hit by the credit
crisis.
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