29.06.2020 / What equipment do Russian lessees choose?

According to Russian Automotive Market Research, in January-May 2020[1] 6.2 thousand financial leasing contracts[2] for equipment were concluded.

For the reporting period 47.8 thousand units of equipment were purchased under financial leasing.

Financial leasing of power equipment is in the greatest demand. In January-May 2020 8.4 thousand units of power equipment were leased.

In January-May 2020 equipment for oil and gas production and processing (6.2 thousand units) and pumping equipment (4.8 thousand units) were in the great demand as well.

In May 2020, a self-isolation regime continued to operate in the Russian Federation, including restrictions on the work of companies. In this regard, lessors can publish data on transactions concluded in May later. Therefore, according to publications in May 2020, data for April 2020 were adjusted. In the future, data will be adjusted according to the same principle. 

[2] Hereinafter, financial leasing contracts concluded in January-May 2020 and valid as of 01.06.2020.

Source: «What equipment do Russian lessees choose?» press-pelease by RAMR