Azerbaijan and Russia to establish joint leasing company-UPDATED

Azerbaijan and Russia to establish joint leasing company-UPDATED
# 23 July 2021 12:10 (UTC +04:00)

Today in Baku, a memorandum of understanding has been signed between Ganja Automobile Plant and Russia’s "KamAZ" company, APA-Economics reports.

The document envisages the establishment of a joint venture (leasing company) to offer KamAZ cars to customers in Azerbaijan on leasing terms.

***11:29

Today within the framework of the business mission of Russian companies held in Baku under the auspices of Roseksimbank JSC an agreement will be signed between Ganja Automobile Plant and Russia’s "KamAZ", APA-Economics reports.

According to the document, a new leasing company will be established in Azerbaijan.

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THE OPERATION IS BEING PERFORMED