DUBAI, UAE - EQS - 28 November 2018 - GTLK
Group registered its subsidiary GTLK Middle East in Dubai (UAE). The company's
activities will be aimed at leasing aviation equipment, as well as attracting
financing of Middle East funds. Airlines of the Middle East and Africa can
become GTLK Middle East's customers.
"We've started developing GTLK Global, a
full featured leasing platform, abroad. Our first foreign "daughter",
the Irish GTLK Europe, has been operating for six years already with good
results. The second one, GTLK Asia, was registered in Hong Kong in September.
Considering the registration of GTLK Middle East, all three companies make up
the foreign leasing platform which can be used to introduce Russian products
(civil helicopters and aircraft) to international markets." -- Sergey
Khramagin, Director General of GTLK, noted.
State Transport Leasing
Company (GTLK) is the largest leasing company in Russia. It leases air, water
and rail transport, automotive and special equipment for domestic enterprises
of the transport industry, as well as invests in the development of Russian
transport infrastructure. The sole shareholder of the company is the Russian
Federation represented by the Ministry of Transport of the Russian Federation.
GTLK has double B credit ratings from three leading international rating
agencies, as well as a national scale rating of A+(RU) from the ACRA agency.
The company's leasing portfolio exceeded USD 13.3 billion as of 31 June 2018.