OREANDA-NEWS. December 9, 2008. KAMAZ-Leasing participated in the conference “Leasing in Russia: Lease of life in the middle of the global financial crisis” which was held on October 30-31 in Barcelona.

The forum gathered practically all serious participants of the Russian leasing market who discussed the most burning issues: the influence of the global liquidity crisis on the local leasing market, regional expansion and work with a regional client, settlement of tax disputes, risk management.

Mr. Gladkov, Deputy Director General of KAMAZ-Leasing Group of Companies, made a report about the risk management system developed by the specialists of KAMAZ-Leasing and introduced at all enterprises of KAMAZ Group.

He told about the process of creation of this system, those risks which the leasing company faces during its work, how to handle them and above all – how to foresee beforehand when risk situations can emerge.

It should be added that KAMAZ-Leasing is the leader among reliable Russian enterprises, and risk management of the company more than once deserved the highest appraisal from experts. Last time RA Expert approved the highest level of the company’s work in this sphere in October 2008.

The management of KAMAZ-Leasing thinks that participation in the conference is useful for those who are interested in successful business.

Reference:

KAMAZ-Leasing Group of Companies leases trucks and cars, buses, road-building equipment, machine building equipment. The affiliated companies and sales offices of KAMAZ-Leasing work in Moscow, Saint-Petersburg, Kazan, Vologda, Yekaterinburg, Surgut, Krasnodar, Voronezh, Rostov-on-Don, Revda, Samara, Saratov, Syktyvkar, Tyumen, Kemerovo, Krasnoyarsk, Khabarovsk, Chelyabinsk. KAMAZ-Leasing Group of Companies includes OAO KAMAZ Leasing Company, daughter enterprises OOO KAMAZ-Leasing-Service and TOO KAMAZ-Leasing which work in Kazakhstan.

At the summit of business, science and art in Oxford (Great Britain) in 2007 the Group received the international mark “European Quality”. OAO KAMAZ Leasing Company is the laureate of the annual national award in the sphere of business “Company of 2007”. The rating agency “Expert RA” gave the company the high quality rating of risk management systems “A.rm” in October 2007, and the highest reliability rating – “A” in April 2008.

Since 2004 the company has been among the top 20 largest leasing companies of Russia every year.

From 2005 to October 1, 2008 there were signed 2923 contracts for the sum of RUB 30.7 billion. There were realized over 16.6 units of equipment.