Rostselmash will supply 70 tractors to Kazakhstan in 2024 under financial leasing termsRostselmash (MOEX: RTLM), on the eve of spring field work for 2024, will supply 70 units of farming equipment to Kazakhstan at a fixed price under financial leasing terms, the company's press service said.The company will provide 70 Rostselmash 2400 tractors.The equipment supply agreement was concluded by Rostselmash, the Kazakhstan Agro Innovation Corporation LLP (specializes in the assembly and supply of agricultural, specialized and municipal equipment) and the KazAgroFinance JSC leasing company."Last year turned out to be one of the most difficult for farmers in Kazakhstan. Harvest losses and low grain prices complicated the continuing upgrading of fleets. The slowdown in modernization dynamics, in turn, could affect results for agricultural enterprises. Together with the Kazakhstan Agro Innovation Corporation, we decided to support farmers by offering the market a shipment of tractors at a price that is in keeping with the incomes of today's farmers," Sergei Robchenko, sales director for Rostselmash in Kazakhstan said.CEO of the Kazakhstan Agro Innovation Corporation Oleg Balybin said that the company has revised its profitability on other items, which will also contribute to the financial stability of agricultural enterprises.KazAgroFinance JSC is engaged in providing the agro-industrial complex with agricultural machinery. (ICE ALMATY)

Fonte notizia: INTERFAX