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Unileasing’s Investments in ‘New Holland/CIFA Construction Equipment Leasing’ Touch $10mln

Business Materials 7 November 2008 14:21 (UTC +04:00)

Azerbaijan, Baku, 7 November / Trend / Unileasing's investments in the New Holland/CIFA Construction Equipment Leasing project touched $10mln, director of the project Farhad Karimov said on 7 November.

"Owing to the joint project with the official distributor of New Holland/CIFA in Azerbaijan, the Grand Motors company has leased 43 construction units of New Holland/CIFA since the end of 2007," said Karimov.

The results of the New Holland/CIFA Construction Equipment Leasing project enabled Unileasing to supply new models of New Holland/CIFA to the local market, which can be leased for 48 months on the most advantageous terms.

Unileasing decided to draw in a credit from the U.S. Export-Import Bank to finance the import of leasing units from the United States. A part of the funds will be used to expand the range of New Holland/CIFA construction equipment on the local market, Karimov said.

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