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ROSAGROLEASING INTENDS TO OPEN BRANCH IN ARMENIA
YEREVAN, February 8. /ARKA/. Russia's Rosagroleasing is going to open
branches in Armenia and Kyrgyzstan, Novosti-Armenia reports referring
to Prime, which quoted Valery Nazarov, the head of the company,
as saying.
"An instruction came from the president to open branches or joint
stock companies in Armenia and Kyrgyzstan," he said. "They are
interested very much. We are outlining terms of the work now. We
have already talked to Kyrgyzstan's first deputy prime minister and
the administration of the central bank, which will be the leasing
operator."
Nazarov said that to open branches in Armenia and Kyrgyzstan the
Rosagroleasing will have to enlarge its authorized capital. The
application for allocation of 8.5 billion Russian rubles for
enlargement of the authorized capital is being considered now by
ministries.
Sergo Karapetyan, Armenian agriculture minister, said yet in August
2012 that Rosagroleasing may open its resident office in Armenia soon.
He said the office will provide leasing to farmers on preferential
terms and will consult villagers in creation of cooperatives.
Rosagroleasing is state-run company that provides farmers with
agricultural machinery and pedigree cattle. The government holds 99.99%
of the company's shares. -0-
From: A. Papazian
YEREVAN, February 8. /ARKA/. Russia's Rosagroleasing is going to open
branches in Armenia and Kyrgyzstan, Novosti-Armenia reports referring
to Prime, which quoted Valery Nazarov, the head of the company,
as saying.
"An instruction came from the president to open branches or joint
stock companies in Armenia and Kyrgyzstan," he said. "They are
interested very much. We are outlining terms of the work now. We
have already talked to Kyrgyzstan's first deputy prime minister and
the administration of the central bank, which will be the leasing
operator."
Nazarov said that to open branches in Armenia and Kyrgyzstan the
Rosagroleasing will have to enlarge its authorized capital. The
application for allocation of 8.5 billion Russian rubles for
enlargement of the authorized capital is being considered now by
ministries.
Sergo Karapetyan, Armenian agriculture minister, said yet in August
2012 that Rosagroleasing may open its resident office in Armenia soon.
He said the office will provide leasing to farmers on preferential
terms and will consult villagers in creation of cooperatives.
Rosagroleasing is state-run company that provides farmers with
agricultural machinery and pedigree cattle. The government holds 99.99%
of the company's shares. -0-
From: A. Papazian