Leasing operations
ZAO Oboronpromlizing was established in 2003 to promote the technological upgrade of defence industry enterprises.
ZAO Oboronpromlizing:
- provides 100 percent financing for equipment procurement, without any prepayments or pledges, for enterprises which actively cooperate with and have supply contracts made through Rosoboronexport State Corporation;
- creates favourable conditions for imports of unique technological equipment;
- does not charge enterprises any extra fees; the remuneration of ZAO Oboronpromlizing is based only on the part of the enterprises' net savings through the use of leasing;
- ensures a cost of raising funds at or above 5 percent per annum;
- helps minimize losses that may be caused by insufficient knowledge of specific legal, accounting, customs, and tax risks inherent in equipment purchase.
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