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Rosagroleasing boosts agricultural machinery supplies by 36% in 2023

Subsidized leasing investments amounted to $1 bln, Pavel Kosov noted

MOSCOW, April 9. /TASS/. Rosagroleasing scaled up agricultural machinery supplies to Russian farmers by 36% year on year in 2023, CEO Pavel Kosov said in an interview in the TASS Studio in the Coordination Center of the government.

"The last year was a rather breakthrough one for us, a record-breaking one. We delivered the largest quantity of machinery let on lease in our history - 15,100 units. The increase in supply volumes was 36% against 2022," Kosov said.

Subsidized leasing investments amounted to 94.4 bln rubles ($1 bln), the chief executive noted. "It means our subsidized leasing program has the demand and that leasing becomes increasingly popular a s a tool to finance agricultural machinery purchases," he added.