MAZ to bolster sales in Belarus via leasing

– OAO Minsk Automobile Plant has signed contracts with five leasing companies of Belarus to sell MAZ vehicles, the company’s representatives told BelTA.

The company has announced the launch of a new partnership program MAZ Leasing. The program is designed to sell MAZ vehicles via the leasing companies. The program is built around special terms of cooperation offered to the Belarusian leasing companies, with discounts available. By doing it, MAZ intends to bolster sales on the home market.

The contracts have been signed with OAO Agroleasing, OOO Foreign Economy Leasing Company, SOOO Intellect Leasing, ZAO Solarleasing, and OOO StroyInvestLeasing. These companies worked with MAZ in the past, too to sell vehicles on leasing terms, BelTA has been told.

Minsk Automobile Plant was founded in 1944. In 2009 it was reincorporated into the public joint-stock company OAO MAZ. In 2012 OAO MAZ became the management company of the holding company BelavtoMAZ. The holding company makes truck tractors, high-sided trucks, medium-capacity automobiles, dump trucks, log trucks, short log trucks, cross-country vehicles, automobiles fit for special equipment as well as buses and trolleybuses. MAZ offers over 500 models and modifications of freight vehicles and about 20 models of passenger vehicles.