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AtaLeasing expands economic investments in February

06 March 2007 14:54 (UTC +04:00)

Azerbaijanâ€™s AtaLeasing increased investments in February by 1.43% to AZN 355,000. Company Officer Eldar Dashdemirov told APA-Economics that the company signed 6 leasing contracts in February.
Leasing portfolio was 81% used in Absheron and 19% in other regions.
Most of the agreements financed purchase of excavators, cement mixers and foodstuff industry appliances. The leasing portfolio was 36% spent on construction, 16% on foodstuff production, 13% on transportation, 11% on households, 9% on industry, 2% on health etc.
The Company intends to increase the investment in economy to $2.5mln this year.
Established in 2004, the companyâ€™s authorized capital made $1.6mln as of March 1. /APA/