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Promagroleasing in first delivery of Mogilev Carriage Works products to Mongolia

MINSK, 3 October (BelTA) – Promagroleasing has concluded a $1.8 million contract with the Mongolian company Hera Equipment LLC, BelTA learnt from the Promagroleasing press center.

The contract envisages the delivery of 30 hopper cars of the Mogilev Carriage Works to Mongolia for cement transportation under the terms of payment in installments. The batch was supplied to Mongolia in late September.

Hera Equipment LLC specializes in the sales of construction, road construction and agricultural equipment of the world’s leading producers. In 2014 the company became a dealer of the Mogilev Carriage Works and shows interest in developing cooperation with Promagroleasing in financing the acquisition of Belarusian products.

Promagroleasing is an allied leasing company of the Development Bank, occupies over 95% of the national market of international leasing services. In 2009 the government enabled this company to create and operate a mechanism of international leasing and to promote Belarusian products abroad. The enterprise has eight affiliated companies and joint ventures in other countries. The company works with clients from more than 10 CIS and non-CIS countries, including the RSA, Mozambique and Canada.