The AZAS (Altai Territory), the developer, the developer of Hungary Technology for APC and forestry, will launch a new production line for the production of new types of equipment (a hand press kit, a multifunctional soil processing complex). To implement the project, the company attracted leasing funding amounting to 45.4 million roubles in SME Lising, a subsidiary of the SME Corporation. The total investment in the expansion project would be more than 60 million roubles. With the introduction of new equipment, production will increase by 30 per cent to 355.6 million roubles per year. New jobs will be open to 10 staff.

" The expansion of import substitution is a growth point for our enterprise. The volume of orders is increasing, and we are actively investing in new products. Lung leasing has made it possible to purchase equipment on favourable terms. In our plans, the further expansion and updating of production facilities, including through the concessional leasing, has been announced by the Director General of the AZAS, Sergei Emelianov.

AZAS has produced over 100 technology models in almost 20 years of operation. Over 50 dealer missions and service centres have been opened. Enterprises are the official dealer of the Minsk tractor plant.

" The easy leasing programme enables entrepreneurs to obtain the necessary equipment on favourable terms and in short time to produce new products, increase productivity and open new jobs. Importation continues to focus on the preferential programme. The SME Corporation will continue to develop the support of companies that invest in the expansion of production and production of products that replace foreign similarities.” The Director-General of the SME Corporation, Alexander Isaevich, said.

Lung leasing finance (an increase of 1.9 per cent per annum for Russian production equipment and 2.6 per cent per annum for foreign production equipment), the enterprise can receive between 500,000 roubles and 50 million roubles for 13 months to 7 years. Payment of leasing payments begins after equipment is delivered. When using RPG sponsorship, the initial contribution would be 0 per cent of the cost of equipment. The application can be made remotely through the digital platform of ICP.RF.

It will be recalled that leasing support is provided through the national project " Small and Medium Enterprise " . He was initiated by President Vladimir Putin, the first Vice-Prime Alexander Novak.