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Azerbaijani Leasing Company UniLeasing Signs its Biggest Contract

Business Materials 14 January 2008 12:51 (UTC +04:00)

Azerbaijan, Baku, 14 January / Trend corr. U.Ismaylova / The company UniLeasing of Azerbaijan signed its biggest leasing project in the sum of €2mln, the company reported.

Unileasing signed a contract jointly with an industrial company to finance the acquisition of textile equipment at the beginning of January.

The total cost of the project totals € 2.04mln, and UniLeasing's investment exceeds € 1.4mln.

The contract which was signed within the framework of the Leasing of Industrial Equipment project is one of the most successful so far.

The accessibility of such projects by the leasing company is related to the total economic development of the country.

UniLeasing has a paid authorized capital of AZN 1.8mln. The European Bank of Reconstruction and Development is a shareholder of the company with 33.33% of shares.

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